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Meat Wholesaling in the UK - Market Research Report (2014-2029)

Jacob Lang Jacob Lang London, United Kingdom Last Updated: October 2024 SIC G46.320

Revenue

£11.6bn

2024-25

£11.6bn

Past 5-Year Growth

Profit

£XXX.Xm

Employees

23,398

Businesses

1,765

Wages

£XXX.Xm

Meat Wholesaling in the UK industry analysis

Over the five years through 2024-25, revenue is projected to fall at a compound annual rate of 3.1% to £11.6 billion including an estimated dip of 0.2% in the current year. The meat wholesale industry is highly susceptible to fluctuations in disposable income levels, which can impact the level of demand from its key downstream markets. Post-pandemic inflationary pressures propelled the UK into a cost-of-living crisis, forcing consumers to tighten their purse strings, leading to a drop in spending on meat. The ongoing cost-of-living crisis has encouraged households to trade down from more premium meats, like beef and lamb, to cheaper meats, like chicken and pork. As consumers have cut spending on discretionary goods and services, demand for meat from restaurants, butchers and catering services has declined. Rising levels of vegetarianism and veganism, for reasons including morality, increased health consciousness and environmental awareness, have eaten into revenue. Concerns regarding environmental degradation from rearing animals for consumption have led to the development of non-meat alternatives, like soya mince and tempeh, drawing demand away from the industry.

Trends and Insights

  • Meat wholesalers have come under increasing pricing pressure from supermarkets. Supermarkets can command lower prices and are enveloped in a price war; they have been cutting costs by consolidating their supply chains, dealing directly with producers.
  • Demand for chicken is rising. Despite a surge in rearing costs (including labour, feedstock and fuel costs), demand will rise as the cost-of-living crisis forces consumers to trade down from expensive meats to more reasonably priced chicken.
  • London represents a huge downstream market for meat wholesalers. The capital boasts a large, affluent population and has an extensive hospitality sector, so there are many downstream markets to sell to.
  • Meat wholesalers compete mainly on price. The price at which wholesalers can offer products to buyers is a key competitive factor, as retailers aim to sell meats at as competitive price as possible to attract more customers.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 2.7 % over the past five years, to reach an estimated £11.6bn in 2024.

Trends and Insights

Increased buyer power encourages wholesale bypass

  • Meat wholesalers have come under pressure from large downstream customers, particularly supermarkets, demanding lower prices.
  • Additional trends and insights available with purchase
Meat Wholesaling in the UK
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Wholesale bypass will continue, though at a slower pace

  • Consolidation along the meat supply chain will continue, but at a slower pace than in previous years.

Biggest companies in the Meat Wholesaling in the UK

Company
Market Share (%)
2025
Revenue (£m)
2025
Booker Group Ltd
758.5
Danish Crown UK Ltd
589.0
Sun Valley Foods Ltd
332.4

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Meat Wholesaling in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Chicken and other poultry, Beef and veal and Lamb and mutton . Chicken and other poultry is the largest segment of the Meat Wholesaling in the UK.

Trends and Insights

Low disposable incomes support poultry sales

  • This segment includes chicken and other types of poultry, like duck and quail.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators in the Meat Wholesaling industry wholesale fresh and frozen meat and meat products. Businesses in this industry generally purchase meat from slaughterhouses and sell it to retailers such as grocery stores, butchers, restaurants and caterers. Wholesalers perform little or no additional processing beyond repackaging, instead focusing on storage and distribution.

What's included in this industry?

Chicken and other poultryBeef and vealLamb and muttonPork

Companies

Booker Group LtdDanish Crown UK LtdSun Valley Foods Ltd

Purchase this report to view all 5 major companies in this industry.

Related Terms

VEALMUTTONLAMB

Industry Code

SIC 2007

SIC 46.32 - Meat Wholesaling in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Meat wholesalers have come under increasing pricing pressure from supermarkets. Supermarkets can command lower prices and are enveloped in a price war; they have been cutting...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Demand for chicken is rising. Despite a surge in rearing costs (including labour, feedstock and fuel costs), demand will rise as the cost-of-living crisis forces consumers to...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

London represents a huge downstream market for meat wholesalers. The capital boasts a large, affluent population and has an extensive hospitality sector, so there are many do...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Meat wholesalers compete mainly on price. The price at which wholesalers can offer products to buyers is a key competitive factor, as retailers aim to sell meats at as compet...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Booker goes from strength to strength following its Tesco merger. The takeover has presented many benefits to Booker, the most notable being increased buying power.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Booker Group Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Danish Crown UK Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Sun Valley Foods Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Booker Group Ltd, and factors influencing its performance in the industry
  • Description and key data for Danish Crown UK Ltd, and factors influencing its performance in the industry
  • Description and key data for Sun Valley Foods Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Real household disposable income is falling, limiting expenditure on meat. Meat can be expensive, so its consumption tends to correlate with household income. When times are ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Soaring production costs have limited profit. Upstream operating costs are high and meat wholesalers are struggling to pass on extra costs to downstream markets because of in...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2018-2022)
  • Coverage Ratios (2018-2022)
  • Leverage Ratios  (2018-2022)
  • Operating Ratios (2018-2022)
  • Assets (2018-2022)
  • Liabilities (2018-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

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)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Meat Wholesaling in the UK industry in United Kingdom in 2024?

The market size of the Meat Wholesaling in the UK industry in United Kingdom is £11.6bn in 2024.

How many businesses are there in the Meat Wholesaling in the UK industry in 2024?

There are 1,765 businesses in the Meat Wholesaling in the UK industry in United Kingdom, which has declined at a CAGR of 4.1 % between 2019 and 2024.

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

The market size of the Meat Wholesaling in the UK industry in United Kingdom has been declining at a CAGR of 2.7 % between 2019 and 2024.

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

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

What are the biggest companies in the Meat Wholesaling in the UK market in United Kingdom?

The biggest companies operating in the Meat Wholesaling market in United Kingdom are Booker Group Ltd, Danish Crown UK Ltd and Sun Valley Foods Ltd

What does the Meat Wholesaling in the UK in United Kingdom include?

Chicken and other poultry and Beef and veal are part of the Meat Wholesaling in the UK industry.

Which companies have the highest market share in the Meat Wholesaling in the UK in United Kingdom?

The company holding the most market share in United Kingdom is Booker Group Ltd.

How competitive is the Meat Wholesaling in the UK industry in United Kingdom?

The level of competition is high and steady in the Meat Wholesaling in the UK industry in United Kingdom.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Fruit & Vegetable Wholesaling in the UK
  • Dairy Product, Egg & Edible Oil Wholesaling in the UK

Complementors

  • Sheep Farming in the UK
  • Meat Processing in the UK
  • Live Animal Wholesaling in the UK
  • Butchers in the UK

International industries

  • Frozen Food Wholesaling in the US
  • Beef & Pork Wholesaling in the US
  • Beef & Pork Wholesaling in Canada
  • Meat, Poultry and Smallgoods Wholesaling in Australia
  • Meat, Poultry and Smallgoods Wholesaling in New Zealand

View all industries in United Kingdom

Methodology

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IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

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