Households drive market demand, with household spending representing 92.5% of total demand in 2023. Mitchells & Butlers Plc is the largest company in the UK, generating 2.9% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 11.7% of total production value in 2023. The total number of companies decreases in 2023, to 282,528 units. The costs of the industry increase by 6.3% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 16.2% of turnover in 2023, the 13th highest regionally. With turnover of USD129 billion, the UK accounts for 15.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Restaurants and Bars in the United Kingdom: ISIC 552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Restaurants and Bars in the United Kingdom: ISIC 552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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