The market is dominated by domestic suppliers, as imports account for 17.6% of total market size in 2022. Households drive market demand, with household spending representing 78.2% of total demand in 2022. The US has the largest market size for vegetable, potato and fruit products across the top 20 developed countries, with demand reaching USD156 billion in 2022. JM Smucker Co, The is the largest company in the US, generating 9.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 22.1% of total production value in 2022. The total number of companies increases in 2022, to 5,905 units. The costs of the industry increase by 5.6% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 19.8% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 4.7% of total production output. With production value of USD88.1 billion, the US accounts for 89.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Vegetable, Potato and Fruit Products in the US: 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 the US: 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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