$12.3bn
$XXX.Xm
13,243
1,586
$XXX.Xm
Over the past few years, consumer buying trends and economic conditions have heavily influenced the industry. Rising discretionary incomes and a shift towards health-conscious diets have aided growth in downstream markets like cafes, restaurants and supermarkets. However, the industry confronted hurdles like big retailers, including Coles and Woolworths, bypassing wholesalers to deal directly with manufacturers, threatening smaller wholesalers. Adapting to this challenge, wholesalers have refocused on supplying hospitality venues, recovering somewhat since pandemic lockdowns. Extreme weather events, from the 2019-20 bushfires to the 2021-22 floods, have also significantly affected the industry’s performance. These events have led to substantial crop losses and supply chain disruptions, exerting downwards pressure on the industry's overall performance, with revenue expected to drop at an annualised 6.3% over the five years through 2023-24 to $12.3 billion. This includes an anticipated 1.3% decline in the current year.
Industry revenue has declined at a CAGR of 6.3 % over the past five years, to reach an estimated $12.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Costa | 1,211.4 | |
Perfection Fresh | 669.7 | |
Perfection Fresh Australia Pty Ltd | 447.7 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Citrus fruits, Fruit vegetables and Grapes. Citrus fruits is the largest segment of the Fruit and Vegetable Wholesaling in Australia.
Despite high import competition, health awareness boosts sales of pome and stone fruits
Industry businesses wholesale fresh fruit and vegetables. Produce can be brushed, washed or packaged by either producers or packaging companies.
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ANZSIC 3605 - Fruit and Vegetable Wholesaling in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The industry has faced significant challenges due to extreme weather events, the COVID-19 pandemic and supermarkets dealing directly with farmers. These factors have restrain...
Learn about an industry's products and services, markets and trends in international trade.
Health consciousness has driven demand for nutrient-rich pome and stone fruits. However, growth has been modest due to competition from processed fruit imports.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
New South Wales, Australia's most populated state, supports high demand for diverse fruits and vegetables due to its varied climatic zones. This, paired with its sizable popu...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The COVID-19 pandemic pushed many wholesalers to transition to online-only models to survive financial challenges. As the sector reopened and health-conscious diets gained tr...
Learn about the performance of the top companies in the industry.
Costa Group partnered with a North American consortium following its ASX delisting in February 2024. This alliance streamlines its global expansion, predominantly in the berr...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Domestic fruit and vegetable prices significantly affect industry profit margins. Rising prices for Australian-grown fruit and vegetables have increased purchase costs for wh...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Over recent years, wholesalers' profitability has grown, buoyed by rising disposable income, health-conscious trends and retailer re-openings following the pandemic. These el...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Fruit and Vegetable Wholesaling industry in Australia is $12.3bn in 2024.
There are 1,586 businesses in the Fruit and Vegetable Wholesaling industry in Australia, which has grown at a CAGR of 1.1 % between 2019 and 2024.
The market size of the Fruit and Vegetable Wholesaling industry in Australia has been declining at a CAGR of 6.3 % between 2019 and 2024.
Over the next five years, the Fruit and Vegetable Wholesaling industry in Australia is expected to grow.
The biggest companies operating in the Fruit and Vegetable Wholesaling market in Australia are Costa, Perfection Fresh and Perfection Fresh Australia Pty Ltd
Citrus fruits and Fruit vegetables are part of the Fruit and Vegetable Wholesaling industry.
The company holding the most market share in Australia is Costa.
The level of competition is high and increasing in the Fruit and Vegetable Wholesaling industry in Australia.