Forgot Password?

Seafood Retailers in the UK: Market Research Report

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

Seafood Retailers Market Research Report | SIC G47.230 | Dec 2016

Against the tide: The industry has struggled to win customers back from supermarkets

The Seafood Retailers 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
Annual Growth 12-17
Annual Growth 17-22
Purchase to read more
Purchase to read more
Industry Threats & Opportunities
  • The weak economic environment led to consumers buying from cheaper outlets
  • Supermarkets' buying power allows them to undercut specialist retailers
  • Following the EU referendum, a replacement for the Common Fisheries Policy must be negotiated
  • ... purchase to read more

Industry Analysis & Industry Trends

Intensifying competition, changing consumer trends and the lingering effects of the economic downturn are expected to have a major influence on the performance of seafood retailers over the five years through 2016-17. Competition, mostly from supermarkets, has diverted revenue away from specialised retailers. Large chain stores such as Tesco and Morrisons have been encroaching on industry operations by increasing the range of seafood products offered. Consumers have been drawn to supermarkets by lower prices, wider product ranges and greater convenience. Over the five years through 2016-17, industry revenue is estimated to increase at a compound annual rate of 0.6% to total £347.2 million.

The landed price of seafood has increased over the past decade... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Seafood Retailers industry is in the mature stage of its life cycle. The value that the industry adds to the economy is weakening, a key indicator of its mature life cycle stage. Over the 10 years through 2021-22, the industry's contribution to GDP is expected to decrease at a compound annual rate of 0.4%, while GDP is expected to increase at a compound annual rate of 2.3% over the same period. This indicates that the industry is shrinking as a proportion of the UK economy. Industry participants have been affected by consumer trends and an increase in external competition, which has also severely affected profitability. Supermarkets have been capturing a greater share of the total market and are pushing specialised retailers out of the industry. Ind.. purchase to read more

Additional Insights for the Seafood Retailers Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Seafood Retailers Industry are

  • Ability to pass on cost increases
  • Access to high quality inputs
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Household expenditure on fish and Demand from supermarkets in the Seafood Retailers industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the 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. This industry excludes the retail sale of seafood by mass retailers such as supermarkets and department stores.

    Industry Products
    Fresh and frozen fishFresh and frozen shellfishCanned seafoodSalted, smoked and cured fishOther seafood
    Industry Activities
    Fish retailingShellfish retailingMolluscs retailingPreparing seafood for cooking

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Household expenditure on fish
  • Demand from supermarkets
  • Landed price index of seafood
  • Seafood catch volumes
  • Current Performance
  • A tough start
  • Supermarket sweep
  • Reeling them in
  • Different scale
  • Consumers hooked
  • Chart: Revenue Growth
  • Industry Outlook
  • EU Referendum
  • Prices
  • Consumer awareness
  • Supermarkets push the boat out
  • Fish out of water
  • Table: Seafood Retailers Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Seafood Retailers Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Freshwater Aquaculture
  • Freshwater Fishing
  • Marine Fishing
  • Seafood Processing
  • Products & Services
  • Fresh and frozen fish
  • Fresh and frozen shellfish
  • Salted, smoked and cured fish
  • Canned seafood
  • Other seafood
  • Chart: Seafood Retailers Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Highest quartile income earners
  • Second-highest quartile income earners
  • Third-highest quartile income earners
  • Lowest quartile income earners
  • Chart: Major Market Segmentation for the Seafood Retailers Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Seafood Retailers
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Seafood Retailers Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Seafood Retailers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Seafood Retailers Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Landing Price
  • The price for the product at landing point.
  • Overfishing
  • The depletion of natural fish stocks due to large-scale fishing activity.
  • Shellfish
  • Aquatic animal that has a shell.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Seafood Retailers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Seafood Retailers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Seafood Retailers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Select Clients
    Back to Top