- Looking for an opportunity in India
- Procurement & Sales Manager, Potato Division - Lobinstown, Co. Meath, Ireland
- European regional agent and new sales manager
- Head Grower - Owatonna (Minnesota) USA
- Teeltspecialist (Proeftuin & Veredeling) - Hendrik-Ido-Ambacht, Netherlands
- Farm Manager - Riana, Tasmania, Australia
- Industry Development Manager - Rocklea, Australia
- Sales Manager
- Commercial Manager | Huelva, Spain | Soft Fruits
- Farm manager / Senior grower seeking for his next role
Top 5 -yesterday
- "It will no longer be necessary to import blueberries from outside Europe"
- The berry market takes a hit during the coronavirus pandemic
- “I feel imported fruits are not a necessity for the Indian consumers”
- “It is too early to determine how shopping patterns will unfold”
- Onion market: “We’re in unforeseen territory”
Top 5 -last week
Top 5 -last month
continued growth, not affected by recession
New report on Hydroponic Crop Farming in the US
No drastic changes are expected within the industry over the next five years. Revenue will continue to increase over the five years to 2018. Vegetable and fruit consumption has plenty of room to grow to meet Americans' dietary standards; IBISWorld expects that industry associations and government spending will help promote healthy eating through vegetable marketing. Demand for quality organic produce will keep rising, fostering this industry's growth. "In addition, poor weather conditions are projected to increase downstream purchasers' reliability on hydroponic farmers," says IBISWorld Industry Analyst Agiimaa Kruchkin. Mexican imports will pose a small threat to the domestic industry, as the country increases its hydroponic farming capabilities. Nevertheless, as consumers increasingly purchase locally grown produce, imports will not pose a substantial threat.
Concentration in the Hydroponic Crop Farming industry is low. The two largest companies are Eurofresh Farms and Village Farms International. These players benefit from managing their own distribution networks and marketing agreements, which have enabled them to increase their market share over the five years to 2013. In addition, their revenue figures have attracted the attention of large private equity and hedge fund managers, who have helped them access debt markets to fund expansion. In contrast, the rest of the industry is composed of small farms. According to Kruchkin, "Consumer demand has helped grow the number and earnings for small hydroponic farms, but their market share is limited because of their production capacity, distribution constraints and smaller localized demand." IBISWorld projects industry concentration will remain steady over the next five years as expansion by the top firms is mitigated by growing consumer demand for locally grown produce.
Please click here for more information and the full report.
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