Meat & Meat Products Market Report 2011

Meat and meat products are a very large part of the UK population’s diet, making up 23.6% of the total expenditure on food in the UK according to National Statistics. Expenditure on meat increased by 2.5% between 2009 and 2010, rising from £16.26bn to £16.67bn.

The price of meat has increased exponentially over the past 5 years thanks to a number of global issues. One of the biggest influences on current meat prices was the 2008 ‘food crisis’, when increases in the price of grain pushed up the cost of all manner of foods, including meat, because of the large growth in the cost of animal feed. Furthermore, as developing countries are becoming wealthier, the demand from these areas is increasing, which is putting pressure on global supply. In the UK, farming income has declined of late, which has the potential to push UK farmers out of business and increase reliance on foreign imports of meat, which makes meat prices in the UK extremely vulnerable to global events.

The meat sector has come under scrutiny in recent years for a number of reasons. Animal welfare groups have attacked the industry for the conditions in which it keeps some of the animals destined for slaughter. This has resulted in the Government passing legislation that has banned hens from being farmed intensively in small cages from 2012. Similar animal welfare concerns in the past have resulted in the UK banning veal crates early in the 1990s. Another aspect of the industry that campaigners fight against is the impact of farming meat on the environment, with the greenhouse gases it emits supposedly contributing to climate change.

As with almost every industry sector, the meat industry has had to contend with the recession, which has affected consumer spending habits a great deal. Though meat has not been foregone all together — it is far too much of a staple for this to be the case — consumers have been turning towards cheaper options, such as frozen meat or cheaper cuts, in order to save money. However, with the country’s economy slowly recovering from the recession, it is likely that expenditure on fresh meat and more expensive cuts will begin to pick up. The organic sector — which performed particularly badly in 2009 as organic produce comes at a greater expense at the retail level — is also likely to benefit, as the economy returns to growth.

A recent exclusive survey conducted by NEMS Market Research for Key Note has revealed that, although some consumers are reducing meat consumption because of rising meat prices (26.6%), the vast majority are not doing so. This is good news for the future as various indicators hint that the price of meat is likely to increase and by a fairly substantial amount, with Government-based projections placing UK consumer expenditure on meat at £20.74bn by 2015, 24.4% higher than in 2010. SHOW LESS READ MORE >

Foreword
Executive Summary
Market Definition
REPORT COVERAGE
MARKET SECTORS
MARKET TRENDS
Ethical Issues
Farming Income Declines
Food Scares and Animal Diseases
Food Sustainability and Security
Long-Term Changes to Cooking and Eating Habits
Organic Sales
Retail Price Index for Meat
ECONOMIC TRENDS
Population
Gross Domestic Product
Inflation
Unemployment
Household Disposable Income
MARKET POSITION
The UK
Overseas
Market Size
THE TOTAL MARKET
By Volume
By Value
BY MARKET SECTOR
Carcass Meat
Bacon and Ham
Poultry
Other Meat and Meat Products
OVERSEAS TRADE
Industry Background
RECENT HISTORY
Livestock Production
NUMBER OF COMPANIES
EMPLOYMENT
REGIONAL VARIATIONS IN THE MARKETPLACE
DISTRIBUTION
HOW ROBUST IS THE MARKET?
LEGISLATION
Food Labelling Regulations
Food Safety Act
Food Standards Act
KEY TRADE ASSOCIATIONS
The Agriculture and Horticulture Development Board
AVEC
The British Meat Processors Association
The British Poultry Council
The National Beef Association
The National Farmers' Union
Competitor Analysis
THE MARKETPLACE
MARKET LEADERS
2 Sisters Food Group Ltd
Bernard Matthews Ltd
Cranswick PLC
Kerry Group PLC
Moy Park Ltd
Northern Foods Ltd
Sun Valley Foods Ltd
Tulip Ltd
OUTSIDE SUPPLIERS
MARKETING ACTIVITY
Main Media Advertising Expenditure
Exhibitions and Tradeshows
Strengths, Weaknesses, Opportunities and Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
Buying Behaviour
CONSUMER TRENDS
Reducing Your Consumption of Red Meat Because of Recent Links by the Government and Other Sources to Its Negative Health Effects?
Reducing Consumption to Save Money Because of the Rising Price of Meat?
Purchasing a Greater Amount of Meat and Meat Products Sourced from the UK and Ireland?
Concerned About Meat-Related Hhealth Scares Such as BSE, Swine Flu or Foot-and-Mouth Disease?
Concerned About the Environmental Impact of the Meat You Eat?
Prepared to Pay a Little Extra to Make Sure That Animals Such as Poultry Have Been Treated Well When Being Reared?
More Likely to Buy Fresh Meat Instead of Frozen?
More Likely to Purchase Meat From a Butcher's Shop Rather Than the Supermarket?
Ever Likely to Give Up Meat Altogether and Become a Vegetarian in the Future?
Of the Opinion That a Vegetarian Diet is Healthier Than a Diet That Includes Meat?
Of the Opinion That a Vegetarian Diet is Better For the Environment Than a Diet that Includes Meat?
Overall Consumer Attitudes
CONSUMPTION OF COOKED MEATS
VISIT TO BUTCHERS
Current Issues
ANIMAL WELFARE
Battery Hens Ban
Battery Rabbits and Rabbit Meat
Freedom Food
CLONED MEAT
CORPORATE ACTIVITY
Halal Meat
Morrisons
THE ENVIRONMENT
Impact of Meat Farming
EXTRA FUNDING FOR SCOTTISH BEEF FARMERS
HEALTH ISSUES
Bowel Cancer Risk
ORGANIC LIVESTOCK NUMBERS FALL
RISING PRICES
Food-Price Inflation
Pork Farming
Poultry
CAMPYLOBACTER IN POULTRY
VEGETARIANISM
The Global Market
PRODUCTION AND CONSUMPTION
Forecasts
THE ECONOMY
FORECASTS TO
MARKET GROWTH
FUTURE TRENDS
Climate Change Becomes a Greater Issue
Demand for Meat to Rise in Developing Countries
Rise of Poultry on the World Market
Company Profiles
INTRODUCTION
DEFINITIONS
Turnover (Sales)
Pre-Tax Profit
Profit Margin
Average Remuneration
Sales per Employee
FURTHER INFORMATION
2 SISTERS FOOD GROUP LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
BERNARD MATTHEWS LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
CRANSWICK PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
NORTHERN FOODS LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
SUN VALLEY FOODS LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
TULIP LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Key Note Sources
Key Note Ltd
Understanding TGI Data
Number, Profile, Penetration
Social Grade
Standard Region

- 2 Sisters Food Group Ltd
- Bernard Matthews Ltd
- Cranswick PLC
- Kerry Group PLC
- Moy Park Ltd
- Northern Foods Ltd
- Sun Valley Foods Ltd
- Tulip Ltd