Fruit & Nut Farming in the US - Industry Market Research Report
Fruit & Nut Farming in the US
The industry produces a variety of non-citrus fruits and tree nuts for sale to fresh, processing and export markets. Although this industry has benefited from increased demand from wineries and exports, downward pressure due to supply chain disruptions caused by the COVID-19 pandemic and Russia's invasion of Ukraine has had greater impact on revenue growth. Industry revenue has fallen at a CAGR of 4.8% to $22.6 billion over the last five years as a result, including a 9.4% decline in 2023 alone.
Farmers in this industry grow nuts, such as almonds and macadamia nuts, as well as fruits excluding citrus, such as apples, berries, grapes and others. Operators in this industry sell their crops to downstream processors and fresh produce wholesalers and retailers. This industry does not include peanuts (IBISWorld Report 11199).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance