Industry Description
Establishments primarily engaged in the retail sale of fresh fruits and vegetables. They are frequently found in public or municipal markets or as roadside stands. However, establishments which grow fruits and vegetables and sell them at roadside stands are classified in Agriculture, Major Group 01.
Business Examples
Common types of business activities within US SIC 5431 - Fruit and Vegetable Markets are:
- Fruit markets and stands-retail
- Produce markets and stands-retail
- Vegetable markets and stands-retail
IBISWorld Industry Research Report
Fruit & Vegetable Markets in the US (44523)
Revenue 2025
$6.3bn
Growth 2025
1.82%
Key Trends
Widespread adoption of EBT payment equipment has had a significant effect on the industry
Industry operators have been exploring new opportunities by widening their customer base
Rising consumer spending will likely bolster revenue growth
Products and Services
US-SIC Hierarchy 5431 - Fruit and Vegetable Markets
US-SIC Code 5431 - Fruit and Vegetable Markets sits in the 2-digit Fruit and Vegetable Markets sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: G
Division Title: Retail Trade
2 Digits 3 Digits 4 Digits
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521 Lumber and Other Building Materials Dealers
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523 Paint, Glass and Wallpaper Stores
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525 Hardware Stores
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526 Retail Nurseries, Lawn and Garden Supply Stores
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527 Mobile Home Dealers
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531 Department Stores
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533 Variety Stores
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539 Miscellaneous General Merchandise Stores
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541 Grocery Stores
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542 Meat and Fish (seafood) Markets, Including
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543 Fruit and Vegetable Markets
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544 Candy, Nut, and Confectionery Stores
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545 Dairy Products Stores
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546 Retail Bakeries
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549 Miscellaneous Food Stores
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551 Motor Vehicle Dealers (new and Used)
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552 Motor Vehicle Dealers (used Only)
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553 Auto and Home Supply Stores
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554 Gasoline Service Stations
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555 Boat Dealers
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556 Recreational Vehicle Dealers
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557 Motorcycle Dealers
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559 Automotive Dealers, Not Elsewhere Classified
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561 Men's and Boys' Clothing and Accessory Stores
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562 Women's Clothing Stores
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563 Women's Accessory and Specialty Stores
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564 Children's and Infants' Wear Stores
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565 Family Clothing Stores
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566 Shoe Stores
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569 Miscellaneous Apparel and Accessory Stores
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571 Home Furniture and Furnishings Stores
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572 Household Appliance Stores
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573 Radio, Television, Consumer Electronics, and Music Stores
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581 Eating and Drinking Places
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591 Drug Stores and Proprietary Stores
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592 Liquor Stores
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593 Used Merchandise Stores
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594 Miscellaneous Shopping Goods Stores
- 5941 Sporting Goods Stores and Bicycle Shops
- 5942 Book Stores
- 5943 Stationery Stores
- 5944 Jewelry Stores
- 5945 Hobby, Toy, and Game Shops
- 5946 Camera and Photographic Supply Stores
- 5947 Gift, Novelty, and Souvenir Shops
- 5948 Luggage and Leather Goods Stores
- 5949 Sewing, Needlework, and Piece Goods Stores
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596 Nonstore Retailers
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598 Fuel Dealers
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599 Retail Stores, Not Elsewhere Classified
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Extended US-SIC Hierarchy for 5431 - Fruit and Vegetable Markets
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 5431 - Fruit and Vegetable Markets. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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543101 Fruits & vegetables & produce-retail
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543102 Farm markets
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543103 Fruit packages
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543104 Juices-retail
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543105 Fruits-glace
8 Digit SIC Codes
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54310000 Fruit and vegetable markets
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54319900 Fruit and vegetable markets, nec
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54319901 Fruit stands or markets
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54319902 Vegetable stands or markets
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