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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 2015

Bringing home the bacon: Demand for high-quality meat supports industry revenue

IBISWorld’s Meat & Meat Product Retailing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 10-15
2.0%
Annual Growth 15-20
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Profit
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Employment
34,138
Businesses
5,996
Industry Analysis & Industry Trends

Companies operating 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. The industry has also faced higher purchase costs owing to increasing feed prices, which have pushed up the cost of meat to the detriment of profit margins. Over the five years through 2014-15, industry revenue is forecast to increase at a compound annual rate of 2% to total £3.1 billion. This includes an expected increase of 2.1% in the current year... purchase to read more

Industry Report - Starting a New Business Chapter

The Meat and Meat Product Retailing industry faces moderate barriers to entry, the initial start-up cost being the main barrier that must be overcome. Prospective entrants will need to secure retail space with close proximity to a high number of shoppers in order to drive in customers. In an era where the retail industry remains significantly fragile, new entrants must ensure the geographical location chosen is in need of the service otherwise the chances of success will be slim. Furthermore, prospective entrants will need to invest in machinery used to prepare the meat daily.

In addition to this, entrants may need to develop supply links with wholesalers, meat suppliers, and farms... 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. The industry excludes products sold in supermarkets.

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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