This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Up in smoke: Declining tobacco demand and rising non-meat alternatives harm revenue
Grain, seed, animal feed and unmanufactured tobacco wholesalers contend with volatile crop yields and prices, changing consumer preferences and government policy. The government aims for the UK to be smoke-free by 2030 and employs several measures to reduce smoking rates including taxation rises and more stringent regulations relating to pack advertising and size. Demand for unmanufactured tobacco has collapsed, with most established manufacturers shutting down operations in the UK. Growing health consciousness and environmental awareness are denting demand for meat, particularly red and processed meats. According to Defra, the number of cattle, sheep and pigs has fallen between 2018 and 2022, reducing the potential market for animal feed.
Operators in this industry wholesale grains and seeds, unmanufactured tobacco, oleaginous fruits (e.g. olives), animal feed and agricultural raw materials (e.g. wool, hemp, cotton and animal hair).
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cefetra Ltd
- ADM Agriculture Limited
- Openfield Agriculture Ltd
Methodology
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