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Meat Processing in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2028)

Gaetana Mak Gaetana Mak London, United Kingdom Last Updated: July 2024 SIC UK-C101

Revenue

£330.2bn

2024-25

£339.9bn

Past 5-Year Growth

Profit

£XX.Xbn

Employees

2m

Businesses

60,494

Wages

£XX.Xbn

Meat Processing in the UK industry analysis

The Meat Processing and Preserving industry in Europe has faced a stark decline over the past five years despite receiving government support. Over the five years through 2024, revenue is forecast to drop at a compound annual rate of 4% to €330.2 billion. Growth in meat consumption has been weak, with environmental and health consciousness among consumers driving a swelling vegan and vegetarian trend. However, public policies, particularly in the EU, have favoured the meat industry over its plant-based counterparts. Even so, meat processing establishments have struggled to sustain sales amid soaring inflation.

Trends and Insights

  • European meat processors struggle in the face of persistent inflation. Swelling input costs forced processors to pass on price hikes to consumers, who were already choosing to spend less on meat.
  • Pork is the top revenue generator for meat processors in Europe. The variety of pork products on offer fuels strong demand for pork, while health concerns around beef limit it to second place.
  • Market share concentration varies by country. Germany, France and the UK are much more concentrated than other European nations, since a few major players dominate in these countries.
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Top Questions Answered in this Report

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What is the market size of the Meat Processing industry in the United Kingdom in 2025?

The market size of the Meat Processing industry in the United Kingdom is £330.2bn in 2025.

How many businesses are there in the Meat Processing industry in the United Kingdom in 2024?

There are 60,494 businesses in the Meat Processing industry in the United Kingdom, which has grown at a CAGR of 6.6 % between 2019 and 2024.

Has the Meat Processing industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Meat Processing industry in the United Kingdom has been declining at a CAGR of 1.0 % between 2019 and 2024.

What is the forecast growth of the Meat Processing industry in the United Kingdom over the next 5 years?

Over the next five years, the Meat Processing industry in the United Kingdom is expected to grow.

What does the Meat Processing industry in the United Kingdom include?

Beef and Veal are part of the Meat Processing industry in the United Kingdom.

How competitive is the Meat Processing industry in the United Kingdom?

The level of competition is moderate and increasing in the Meat Processing industry in the United Kingdom.

Everything you need in one report

  • Reliable market estimates from 2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Meat processors are subject to stringent regulations. Legislation covers aspects like food safety, animal welfare and environmental standards. It aim to ensure high-quality products, ethical practices and environmental sustainability.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Meat Processing in the UK industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Sustainable practices drive profit growth. A growing interest in ethically sourced, environmentally friendly options encourages processors to conserve waste and energy and allows them to raise prices.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Meat Processing in the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

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