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Sheep Farming in the UK: Market Research Report

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

Sheep Farming Market Research Report | SIC A01.450 | Dec 2016

Badly insulated: Wool has become a more important product due to volatile meat prices

The Sheep Farming 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
Revenue
£1bn
Annual Growth 12-17
-0.2%
Annual Growth 17-22
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Profit
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Employment
60,984
Businesses
28,161
Industry Analysis & Industry Trends

The UK Sheep Farming industry has been subject to volatile conditions over the five years through 2016-17. In the beginning of the five-year period revenue fell as a result of decreased demand from major markets. In 2012-13 industry revenue contracted due to a sharp fall in the domestic price of sheep meat as increased import penetration resulted in low market prices. Since then, market prices have remained low and farmers have struggled to capture sustainable shares of retail prices, as supermarkets have maintained their dominance within the supply chain. Since then healthier demand for high-quality and organic red meats have supported revenue... purchase to read more

Industry Report - Industry Analysis Chapter

The Sheep Farming industry has been subject to relatively volatile conditions over the five years through 2016-17. Industry performance is strongly linked to domestic sheep meat prices. Higher sheep meat prices leads to wider margins for operators, boosting revenue. Additionally, the industry's performance has be affected by weather conditions, as operators depend on high levels of rainfall, though excess rain can cause flooding and significantly damage sheep farming operations. Over the past five years farmers have faced difficult operating environments, which has weighed on industry revenue. Due.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sheep Farming Industry?

Businesses in this industry raise and breed sheep and goats. Farmers in the industry are also involved in wool production. The industry excludes the processing of meat or milk.

Industry Products
Wool Lambs for slaughterRaw sheep and goats milkSheep and goats for slaughterSheep sold for other purposes
 
Industry Activities
Lamb raisingSheep farmingGoat farmingWool production


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