Butchers in the UK - Industry Market Research Report
Description
Butchers in the UK
Butchers are sensitive to changes in household disposable income, support for local businesses, environmental awareness, health consciousness and livestock prices. The COVID-19 outbreak led to the closure of many food-service businesses during lockdown periods, with social groups opting to hold dinner parties instead of going out, supporting sales of premium cuts of meat. There was also a considerable want to support local businesses during the outbreak, boosting butchers' revenue. The soaring rate of inflation is pushing up the production cost of meat and butchers' purchase costs as a result. However, the cost-of-living crisis limits the extent to which butchers can pass these additional costs onto their customers, hitting profitability hard. Price inflation and strong underlying demand for high-quality meat drive estimated revenue growth of 2.3% in 2022-23.
Companies in this industry specialise in the sale of meat such as poultry, beef, lamb and pork. Value-added products and services such as cookbooks and butchery classes are also included in the industry. The industry excludes products sold in supermarkets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Butchers are sensitive to changes in household disposable income, support for local businesses, environmental awareness, health consciousness and livestock prices. The COVID-19 outbreak led to the closure of many food-service businesses during lockdown periods, with social groups opting to hold dinner parties instead of going out, supporting sales of premium cuts of meat. There was also a considerable want to support local businesses during the outbreak, boosting butchers' revenue. The soaring rate of inflation is pushing up the production cost of meat and butchers' purchase costs as a result. However, the cost-of-living crisis limits the extent to which butchers can pass these additional costs onto their customers, hitting profitability hard. Price inflation and strong underlying demand for high-quality meat drive estimated revenue growth of 2.3% in 2022-23.
Companies in this industry specialise in the sale of meat such as poultry, beef, lamb and pork. Value-added products and services such as cookbooks and butchery classes are also included in the industry. The industry excludes products sold in supermarkets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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