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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 2017

Prime cuts: Despite revenue growth, rising external competition will lead to industry exits

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 12-17
3.0%
Annual Growth 17-22
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Profit
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Employment
33,250
Businesses
5,739
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 five years, operators have faced a challenging environment. Growing levels of external competition from supermarkets have hampered revenue growth, as supermarkets offer similar products at cheaper prices. However, scandals surrounding meat contaminated with horsemeat in supermarkets has supported revenue growth. Traces of horse DNA were found in beef burgers sold by several major supermarkets in 2013. This scandal continues to have a lasting influence on consumer preferences and attitudes towards the meat industry... purchase to read more

Industry Report - Industry Investment Chapter

IBISWorld determines the capital intensity of an industry by comparing capital costs with wage costs. The Meat and Meat Product Retailing industry has a moderate level of capital intensity. Wages are estimated to account for 12% of industry revenue in 2016-17, while depreciation costs, which can be used as a proxy for capital, are estimated to account for 1.3% of revenue. Therefore, for every £1.00 spent on capital, industry participants typically spend £6.34 on wages. The move towards e-commerce, which some operators have already adopted, is expected to add to capital expenses, increasing capital intensity over the next five years.

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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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