DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8st8mq/meat_and_meat) has announced the addition of the "Meat & Meat Products Market Report Plus 2014" report to their offering.
This Market Report provides in-depth analysis of the meat and meat products market in the UK. In 2013, this market was worth £18.6bn, representing the fourth consecutive year of growth and a 6.9% increase from 2012.
There are four key sectors in this market, each contributing to its sizeable value: carcass meat, poultry, bacon and ham, and other meat and meat products. The latter is the most valuable on the basis of its variety; it includes ready meals; cooked, frozen and canned meats; and processed meats, such as sausages.
Yet despite inflation, growth in this sector was relatively small in 2013 as demand for processed meats and ready meals diminished following the exposure of the horsemeat scandal in early 2013. The same was largely true for the bacon and ham sector, which, although not implicated in the scandal, was negatively affected as some consumers temporarily turned away from processed meat altogether.
The carcass meat sector, which includes all cuts of fresh red meat, is the second largest sector in terms of its contribution to total market value. Growth in this sector was more significant, but this was primarily based on general inflation, combined with the rapidly increasing global cost of beef as a result of insufficient supply to meet global demand.
This disguised a gradually decreasing UK demand for meat of this type. The poultry sector experienced the most significant growth in 2013. Demand for poultry increased for three reasons: it benefitted from the horsemeat scandal; it did not increase in price as much as beef (the second most popular form of meat); and it is a healthy meat source that is also a versatile cooking ingredient.
Key Topics Covered:
Strengths, Weaknesses, Opportunities and Threats
The Global Market
- 2 Sisters Food Group Ltd
- Bernard Matthews Ltd
- Convenience Foods Ltd
- Cranswick Plc
- Kerry Foods Ltd
- Sun Valley Foods Ltd
- Tulip Ltd
For more information visit http://www.researchandmarkets.com/research/8st8mq/meat_and_meat
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