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Sheep farming market in the United Kingdom to grow 1.9% CAGR between 2014-19
Sheep Farming in the UK - Industry Market Research Report - a new market research report on 2014-04-17 03:51:01
United Kingdom has experienced volatile conditions during the five years through 2013-14. The industry enjoyed strong growth early in the period, as rising lamb prices and strong export demand boosted revenue and encouraged farmers to increase flock sizes. Since then, growth has slowed, contracting sharply in 2012-13, as lamb prices declined and demand for lamb meat fell at home and abroad.

The industry has also come under pressure from rising import competition, with supermarkets responding to rising lamb prices by importing cheaper lamb meat from leading producer New Zealand. Adverse and unpredictable weather has also hit production and increased already high feed costs.

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