Growing green: Increases in disposable income and the index price of fruit and vegetables will increase revenue

Over the five years to 2018, household disposable income has increased, causing consumers to increase purchases of fresh produce from grocery stores and to eat out more often. Therefore, demand from downstream industries has increased, driving revenue growth. Overall, revenue is anticipated to increase at an annualized rate of 1.5% to $89.1 billion over the five years to 2018, including a 0.9% increase in 2018. Moving forward, industry revenue will continue to be driven by increasing fruit and vegetable prices, as well as rising disposable income levels in the United States. Over the five years to 2023, IBISWorld expects industry revenue to grow an annualized 1.4% to $95.4 billion. Improving spending power of consumers will enable industry operators to keep prices high...purchase to read more.

Industry Statistics & Market Size
Revenue
$89bn
Annual Growth 13-18
1.5%
Forecast Growth 18-23
Profit
Employment
113,905
Businesses
9,066
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • An increase in the price of fruit and vegetables will boost revenue growth
  • Rising disposable income will lead consumers to dine out more, boosting restaurant sales
  • An expected increase in the price of fruit and vegetables will coincide with continued population growth
  • Industry Report - Industry SWOT Analysis Chapter

    The Fruit and Vegetables Wholesaling industry is forecast to grow at a slower rate than the overall economy over the ten years to 2023. IBISWorld estimates the industry's contribution to the overall economy, as measured by industry value added (IVA), will increase an annualized 1.0% over the ten years to 2023. Comparatively, US GDP is forecast to rise at an average rate of 2.2% during the same period. 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. Whi...purchase to read more.

    Additional Insights for the Fruit & Vegetable Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fruit & Vegetable Wholesaling Industry are

  • Ability to control stock on hand
  • Development of new products
  • Guaranteed supply of key inputs
  • IBISWorld analysts also discuss how external factors such as Demand from supermarkets and grocery stores and Per capita fruit and vegetable consumption in the Fruit & Vegetable Wholesaling industry impact industry performance..

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    What's in this report

    What is the Fruit & Vegetable Wholesaling Industry?

    Industry operators wholesale a range of fresh fruit and vegetables to supermarkets, delis, restaurants, cafes and institutions such as hospitals and retirement homes. This industry does not include fruit and vegetable processing.

    Industry Products
  • Vegetables
  • Fruits
  • Industry Activities
  • Fresh fruit wholesaling
  • Fresh vegetable wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from supermarkets and grocery stores
  • Per capita fruit and vegetable consumption
  • Price of fruit
  • Price of vegetables
  • Demand from fruit and vegetable markets
  • External competition for the Fruit & Vegetable Wholesaling industry
  • Population

  • Current Performance
  • Price increases
  • Growing population and income
  • Wholesale bypass
  • Chart: Revenue Growth

  • Industry Outlook
  • Income growth and health trends drive revenue
  • Profit and industry expansion
  • Table: Fruit & Vegetable Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fruit & Vegetable Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores
  • Convenience Stores
  • Fruit & Vegetable Markets
  • Chain Restaurants
  • Single Location Full-Service Restaurants
  • Food Service Contractors
  • Caterers
  • Coffee & Snack Shops
  • Fast Food Restaurants

  • Key Selling Industries
  • Corn Farming
  • Fruit & Nut Farming
  • Orange & Citrus Groves
  • Vegetable Farming

  • Products & Services
  • Fruits
  • Vegetables
  • Other
  • Chart: Fruit & Vegetable Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand and household disposable income
  • Price of fruits and vegetables
  • Health concerns
  • Wholesale bypass

  • Major Markets
  • Other wholesalers
  • Retailers
  • Food service providers
  • Others
  • Chart: Major Market Segmentation for the Fruit & Vegetable Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Fruit & Vegetable Wholesaling

  • Basis of Competition
  • Internal Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fruit & Vegetable Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fruit & Vegetable Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fruit & Vegetable Wholesaling Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita fruit and vegetable consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Cooperative
  • Also referred to as a co-op, it is an association of trade professionals who are united voluntarily to meet a common economic goal.
  • Supply Chain
  • A network of entities, including primary producers, processors, wholesalers, retailers and other agents, engaged in delivering products to the consumer or customer.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Fruit & Vegetable Wholesaling Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Fruit & Vegetable Wholesaling industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fruit & Vegetable Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fruit & Vegetable Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fruit & Vegetable Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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