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Meat & Meat Product Retailing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Meat & Meat Product Retailing Market Research Report | SIC G47.220 | Mar 2014

Beefed up revenue: Consumers turn to independent butchers for better quality meat

The Meat & Meat Product Retailing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 09-14
0.3%
Annual Growth 14-19
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Profit
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Employment
35,085
Businesses
6,081
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 Investment Chapter

IBISWorld determines the capital intensity of an industry by comparing capital costs, measured as depreciation, to wage costs. The Meat and Meat Product Retailing industry has a moderate level of capital intensity. Labour costs are incurred through the need to have skilled employees to handle and store meat in accordance to health and safety regulations. Skilled butchers are also required to have an understanding of the different types of meat and cuts and effectively answer any customer queries that may arise. Furthermore, some retailers prepare cooked meats on-site and experienced cooks are often required. Labour costs are estimated to account for 13.6% of industry revenue in 2013-14.

Nevertheless, industry operators require machinery in order to operate effectively... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Meat & Meat Product Retailing Industry?

The industry includes operators that specialise in the sale of meat such as poultry, beef, lamb, and pork. This industry excludes supermarket butchers.

Industry Products
Lamb and muttonBeef and vealPork Poultry
 
Industry Activities
Poultry retailingBeef and veal retailingPork, mutton, and lamb retailingCooked meats retailing


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