The market is dominated by domestic suppliers, as imports account for 35.8% of total market size in 2022. Households drive market demand, with household spending representing 65.3% of total demand in 2022. Australia has the ninth largest market size for vegetable, potato and fruit products across the top 20 developed countries, with demand reaching USD7.9 billion in 2022. Simplot Australia Pty Ltd is the largest company in Australia, generating 22.8% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 60.4% of total production value in 2022. The total number of companies increases in 2022, to 772 units. The costs of the industry decrease by 2.5% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 4.9% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 24.3% of total production output. With production value of USD5.2 billion, Australia accounts for 81.9% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Vegetable, Potato and Fruit Products in Australia: ISIC 1513. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable, Potato and Fruit Products in Australia: ISIC 1513 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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