Fruit & Tree Nut Farming Report Summary

SIC Codes: 0171 0172 0173 0174 0175 0179
NAICS Codes: 111310 111320 111331 111332 111333 111334 111335 111336 111339

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Fruit & Tree Nut Farming Industry Overview

Excerpt from Fruit & Tree Nut Farming Report

Companies in this industry grow fruits and tree nuts for commercial production. Major companies include Chiquita Brands, Dole Food Company, Fresh Del Monte Produce, almond cooperative Blue Diamond Growers, the National Grape Cooperative and its Welch's subsidiary, Ocean Spray, and Tropicana, all based in the US.

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.

Products, Operations & Technology

Major US products include grapes (22% of industry revenue), almonds (18%) and apples (12%). Other leading products include strawberries (8%) and oranges (7%).

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