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Meat wholesaling market in the United Kingdom to grow 1.6% CAGR between 2014-19

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Meat Wholesaling in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-21 07:25:02
The Meat Wholesaling industry has suffered a challenging five years. Industry revenue has contracted or grown weakly during the five years since 2008-09, due to the deteriorating economic climate, declining meat consumption, countervailing consumer trends and rising wholesale bypass. If this was not already enough to deal with, the industry was rocked by the discovery of horsemeat in various beef products in early 2013.

This has caused many to question their faith in the food supply chain and has led to calls for stricter testing and supervision of the processing and distribution of meat products. The scandal is expected to contribute to another year of weak growth in the industry, as consumers turn off processed and frozen meat products. Industry revenue is estimated to grow by 1.4% in 2013-14 to £8.5 billion. In the five years through 2013-14, industry revenue is estimated to grow at a compound annual rate of 0.7%.

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