Industry Analysis & Industry Trends
Companies in the Meat and Meat Product Retailing industry specialise in the sale of fresh and cooked meat. Businesses typically purchase produce from UK farms or suppliers. Over the past decade the industry has been subject to intense competition from supermarkets. Large supermarkets have taken industry operators' revenue by offering similar products at cheaper prices. This competition has intensified over the five years through 2013-14 as negative economic conditions prompted consumers to cut down on purchases and expenditure. Consumers have been lured in by the wider range, cheaper prices and the overall convenience that supermarkets offer. The industry also faces rising purchase costs owing to increasing feed prices, which have pushed up the cost of meat and shrunk profit margins... purchase to read more
Industry Report - Industry Products Chapter
Poultry is the industry's largest product segment and is estimated to account for 51% of revenue in 2013-14. Chicken consumption has increased steadily over the past decade as consumers have become more aware of the health benefits of consuming white meat over red meat. Chicken is low in fat, versatile and cheap compared with other sources of protein. British consumers sought to stretch their pounds further during the financial crisis by seeking out cheaper alternatives. Chicken meat consumption has remained fairly steady over 2013-14.
Beef and veal
Half of all beef and veal consumed in the United Kingdom is purchased as minced meat... purchase to read more