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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry Analysis Chapter

Specialised retailers in the Meat and Meat Product Retailing industry have been subject to a declining share of the total meat retailing market over the past decade as supermarkets have impinged on butchers' services and dominated the market by offering a wider range at cheaper prices. The situation was exacerbated by the negative economic climate, which resulted in consumers reconsidering purchases and decreasing expenditure, particularly in 2009-10 and 2010-11. High unemployment levels, fears over job security and rising utility prices decimated household disposable income in the period immediately following the financial crisis. Consumer budgets were squeezed as spending on food, energy bills and transportation increased... 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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