The market is dominated by domestic suppliers, as imports account for 38.7% of total market size in 2022. Households drive market demand, with household spending representing 73.6% of total demand in 2022. The UK has the third largest market size for coffee, tea, spices and ready meals regionally, with demand reaching USD23.1 billion in 2022. Unilever Group is the largest company in the UK, generating 22.9% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 75.8% of total production value in 2022. The total number of companies increases in 2022, to 3,584 units. The costs of the industry decrease by 1.5% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.9% of production value in 2022, the 20th highest regionally. The industry’s exports share increases in 2022 to 18.1% of total production output. With production value of USD14.9 billion, the UK accounts for 12.4% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Coffee, Tea, Spices and Ready Meals in the United Kingdom: ISIC 1549. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coffee, Tea, Spices and Ready Meals in the United Kingdom: ISIC 1549 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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