The market is dominated by domestic suppliers, as imports account for 31.3% of total market size in 2023. Households drive market demand, with household spending representing 64.8% of total demand in 2023. Australia has the ninth largest market size for vegetable, potato and fruit products across the top 20 developed countries, with demand reaching USD8.8 billion in 2023. Simplot Australia Pty Ltd is the largest company in Australia, generating 24.1% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 64.0% of total production value in 2023. The total number of companies increases in 2023, to 776 units. The costs of the industry decrease by 2.6% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.8% of production value in 2023, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 21.8% of total production output. With production value of USD5.7 billion, Australia accounts for 82.9% of the Australasia total in 2023.
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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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