Vegetable Growing in the UK - Industry Market Research Report

Vegetable Growing in the UK - Industry Market Research Report

Vegetable Growing in the UK

Potatoes generate the largest proportion of revenue, with a majority of products sold to retail chains. Over the five years through 2023-24, industry revenue is expected to grow at a compound annual rate of 1.4% to £2.9 billion. Revenue struggled somewhat in 2018-19, where adverse and extreme weather conditions meant yield losses outweighed rising vegetable prices. Increasing technological advancements and greenhouse usage over the period for growing certain produce have shielded revenue by boosting yields. During 2020-21, the industry faced turbulent operating conditions. However, high demand from the retail sector and high levels of output in agriculture increased revenue. In 2023-24, industry revenue is anticipated to rise by 0.2% despite significant labour shortages leading to widespread wastage of produce

The industry consists of farmers growing vegetables and melons in fields and greenhouses. The industry supplies produce for both the fresh and processing markets.

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."