In 2023, Italy led European nations in the number of high growth enterprises in fruit and vegetable processing with 72 enterprises, though it declined by 3.49% year-on-year. Hungary saw a robust increase of 15.39%, reaching 45 enterprises, while Portugal experienced a slight drop of 3.38%. Lithuania and Latvia demonstrated growth at 2.13% and a significant 55.18%, respectively. Slovakia showed the highest growth rate at 51.57%, whereas Romania and the Czech Republic modestly increased by 8.45% and 5.15%. Iceland remained stable.
Future trends to watch:
- Continued investment in sustainable processing technologies among growth enterprises in the EU may bolster competitiveness.
- Expansion into new markets, driven by increasing demand for processed fruits and vegetables globally.
- Monitoring impacts of geopolitical factors, potentially affecting supply chains and trade agreements.
Top countries in Number of High Growth Enterprises in Fruit Processing and Vegetables Processing by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 72 | 2023 | -2.7% | -3.49% | View data |
| 2 | 2 Hungary | 45 | 2023 | +7.14% | +15.39% | View data |
| 3 | 3 Portugal | 16 | 2023 | 0% | -3.38% | View data |
| 4 | 4 Lithuania | 10 | 2023 | 0% | +2.13% | View data |
| 5 | 5 Latvia | 9 | 2023 | +28.57% | +55.18% | View data |
| 6 | 6 Czech Republic | 9 | 2023 | +12.5% | +5.15% | View data |
| 7 | 7 Slovakia | 8 | 2023 | +14.29% | +51.57% | View data |
| 8 | 8 Romania | 6 | 2023 | 0% | +8.45% | View data |
| 9 | 9 Iceland | 1 | 2023 | 0% | View data |
