Fruit & Tree Nut Farming Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/26/2017
SIC Codes: 0173, 0174, 0175, 0179
NAICS Codes: 1113
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Fruit & Tree Nut Farming Industry Profile

Companies in this industry grow fruits and tree nuts for commercial production. Major companies include Chiquita Brands, Dole Food Company, almond cooperative Blue Diamond Growers, the National Grape Cooperative and its Welch's subsidiary, and Citrus World's cooperative Florida's Natural Growers, all based in the US.

Worldwide, about 700 million metric tonnes of fruit and nut crops are produced each year. Apples, bananas, mangoes, pears, chestnuts, almonds, and walnuts are the most produced crops. China and India are the world's leading growers, according to the Food and Agriculture Organization of the United Nations (FAO).

The US fruit and tree nut farming industry includes about 105,000 farms with combined annual revenue of about $24 billion. Separate industry profiles cover Vegetable & Melon Farming profile and Fruit & Vegetable Processing.

COMPETITIVE LANDSCAPE

Demand is driven by US population growth and consumer trends in food consumption. The profitability of individual companies depends on maximizing crop yield and minimizing risk of disease. Large companies and farm cooperatives have advantages in highly mechanized operations, branded food products, and access to low-cost labor. Small operations can compete effectively by specializing in agritourism as well as organic, heirloom, or unusual fruits and nuts. The US industry is concentrated: the top 8% of farms generate about 75% of revenue.

The fruit and nut industry competes with grain, vegetable, and melon farming for crop acreage, as farmers tend to plant and harvest ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Fruit & Tree Nut Farming that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options