In 2023, Italy leads in the number of high-growth enterprises in the fruit and vegetable processing sector, holding a significant share. However, Italy saw a slight decline of 3.49% from the previous year. Hungary showed notable growth with a 15.39% increase, reflecting a strengthening position. Latvia and Slovakia experienced substantial increases of 55.18% and 51.57%, respectively, indicating emerging markets. Portugal and Lithuania saw minor fluctuations.
Future trends to watch:
- Continued growth in Eastern European countries like Hungary, Slovakia, and Latvia.
- Adaptation to new agricultural technologies and sustainability practices across Europe.
- Potential shifts in Italy’s leadership with strategic investments.
Top countries in Number of High Growth Enterprises in Fruit Processing and Vegetables Processing Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.51 | 2023 | -2.7% | -3.49% | View data |
| 2 | 2 Hungary | 26.57 | 2023 | +7.14% | +15.39% | View data |
| 3 | 3 Portugal | 9.45 | 2023 | 0% | -3.38% | View data |
| 4 | 4 Lithuania | 5.9 | 2023 | 0% | +2.13% | View data |
| 5 | 5 Latvia | 5.31 | 2023 | +28.57% | +55.18% | View data |
| 6 | 6 Czech Republic | 5.31 | 2023 | +12.5% | +5.15% | View data |
| 7 | 7 Slovakia | 4.72 | 2023 | +14.29% | +51.57% | View data |
| 8 | 8 Romania | 3.54 | 2023 | 0% | +8.45% | View data |
| 9 | 9 Iceland | 0.59 | 2023 | 0% | View data |
