Industry Analysis & Industry Trends
Due to economic instability, operators in the Fruit and Vegetable Wholesaling industry are anticipated to experience marginal revenue growth over the five years to 2015. During the recession, consumers had less disposable income; consequently, they reduced purchases of fresh produce from grocery stores and visited restaurants less often. This decreased industry demand. In the coming years, revenue growth will remain sluggish and wholesale bypass will continue to reduce the number of industry operators... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Fruit and Vegetables Wholesaling industry is forecast to grow at a slower rate than the overall economy during the 10 years to 2020. IBISWorld estimates the industry's contribution to the overall economy, as measured by industry value added (IVA), will increase at an average rate of 0.9% per year during the 10-year period. Comparatively, US GDP is forecast to rise at an average rate of 2.5%. This is because the industry is in the mature stage of its life cycle, characterized by a saturated market with little room for product innovation.
Fruit and vegetables have strong market acceptance, which is common in mature industries, because they are staple items in downstream industries and consumers' households... purchase to read more