Seafood retailers market in the United Kingdom to decline 0.4% CAGR between 2014-19
Seafood Retailers in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-31 01:16:02
The performance of the Seafood Retailers industry has been turbulent over the five years through 2013-14. Intensifying competition, changing consumer trends and recessionary conditions have had a major impact on the landscape of the industry. Competition, mostly from supermarkets, has diverted revenue away from specialised retailers.
Large chain stores such as Tesco and Morrisons have been encroaching on industry operations by increasing the range of seafood products offered. Consumers have been lured into supermarkets by lower prices, a wider range and better overall convenience. Over the five years through 2013-14, industry revenue is estimated to increase at a compound annual rate of just 0.3%, to total Â£330.5 million.
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