Industry Analysis & Industry Trends
The United Kingdom's Grain, Seed, Animal Feed & Unmanufactured Tobacco Wholesaling industry has overcome market volatility and difficult trading conditions to record very strong revenue growth over the past five years. Industry revenue fluctuated widely, partly due to the impact of volatile prices for wheat, tobacco and coarse grains. However, the industry is diverse so it is difficult to quantify the exact impact of these price movements let alone how the price of an individual commodity affects overall revenue. All of this has been intensified by the frequent depreciation of the British pound since the onset of the global economic downturn.
Other factors that have affected industry performance include the rise of wholesale bypass and ongoing industry consolidation... purchase to read more
Industry Report - Industry Key Buyers Chapter
IBISWorld estimates that the four largest enterprises in the industry control 29.7% of the total market. As such, the industry is considered to have a low level of concentration, with no one player holding sufficient control of the market to be able to influence pricing and competition alone. This can be attributed to the diverse array of products sold through the industry and it is also indicative of a good level of competition within the industry, as a large number of enterprises compete for business across a wide variety of product classes.
Despite this, there are large companies that dominate specific product markets of the industry. For instance, British American Tobacco, the industry's largest player, controls a significant market share of the UK tobacco market... purchase to read more