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Specialised Seafood Retailers in the UK: Market Research Report

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

Specialised Seafood Retailers Market Research Report | SIC G47.230 | Mar 2012

Waves of success: Industry revenue has fluctuated dramatically from year to year

IBISWorld’s Specialised Seafood Retailers 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
£332m
Annual Growth 07-12
-3.8%
Annual Growth 12-17
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Profit
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Employment
3,161
Businesses
1,393
Industry Analysis & Industry Trends

The Specialised Seafood Retailers industry experienced mixed fortunes over the past five years. In the five years through 2011-12, industry revenue is expected to decline an average 3.8% to reach £331.9 million. After declining revenue in 2007-08 and 2008-09 and a flat performance in 2009-10, the industry is expected to return to steady growth of 3.7% in 2011-12.

The decline in industry revenue was due to a combination of factors, including declining catch volumes, lower retail prices and falling demand. Many Britons see seafood, especially shellfish, as luxury commodities. This resulted in consumers turning away from seafood in 2008-09 and 2009-10 due poor economic conditions, higher unemployment and lower disposable incomes... purchase to read more

Industry Report - Industry Products Chapter

Chilled fish is the largest product segment in the Specialised Seafood Retailers industry. Specialised seafood retailers are positioned to provide fresh seafood to consumers. Fresh or chilled shellfish is also a large income earner for the industry. The majority of industry establishments are in coastal areas, selling locally caught produce.

Frozen fish is another major market for the industry, although smaller than the fresh market. The majority of frozen fish and shellfish sold by the industry are imported, with the majority coming from Norway, Spain and Denmark. The volume of frozen product, especially shellfish, is likely to increase in the next five years due to limited wild stock in British waters... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Specialised Seafood Retailers Industry?

The industry consists of specialised retailers who sell fish, shellfish and molluscs. This seafood can be sold in a natural chilled state, filleted, smoked, salted, curried or in ready-to-eat meals to be cooked at home.

Industry Products
Chilled fishFrozen fishChilled shellfishFrozen shellfishFrozen ready-to-eat mealsChilled ready-to-eat mealsSalted, smoked and cured fish
 
Industry Activities
Fish retailingShellfish retailingMolluscs retailingPreparing seafood for cooking


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