How big is the UK fast food industry?
Takeaway & Fast-Food Restaurants in the UK – Market Size 2010–2028
$20.6bn | Takeaway & Fast-Food Restaurants in the UK Market Size in 2022 |
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9% | Takeaway & Fast-Food Restaurants in the UK Market Size Growth in 2022 |
1.3% | Takeaway & Fast-Food Restaurants in the UK Annualized Market Size Growth 2017–2022 |
How much does the food industry contribute to the UK economy?
The food and drink industry is the UK’s largest manufacturing sector, contributing £30bn to the economy annually and employing over 468,000 people. We are a key part of the nation’s £126bn ‘farm to fork’ food chain.
Who is the biggest food manufacturer in the UK?
Associated British Foods
The largest food & beverage company in the UK is Associated British Foods, owner of Kingsmill among a host of other household brands, with an annual turnover of £3.3 billion.
How many people work in the food industry UK?
In 2019, the workforce in the food manufacturing sector was made up of 0.4 million people. Additionally, the share of food sector employment in the total workforce in the United Kingdom can be found at the following.
Is the fast food industry growing in the UK?
According to market research firm MCA Insight, the fast food industry has doubled in growth over the past three years and is expected to be worth £9.8bn by 2021.
Who dominates the fast food industry?
McDonald’s
McDonald’s is still the leading quick-service restaurant (QSR) chain in the United States. In 2020, the company generated close to 40.5 billion U.S. dollars; about 19 billion U.S. dollars more than its closest rival, Starbucks.
How big is the food industry UK?
Industry at a glance 2020 Figures show that the food and drink manufacturing contributed £28bn to the UK economy, growing by 2.3% on the previous year. The industry has a turnover of more than £105bn, accounting for 20% of total UK manufacturing as the biggest manufacturing sector in the country.
What percentage of food in the UK is imported?
In 2020, the UK imported 46% of the food it consumed. No one country provides more than 11% of those imports, a picture which has been stable for some time. By value, £48 billion of FFD was imported and £21.4 billion was exported.
What are the biggest food companies in the UK?
Britain’s private food and drink companies with the largest sales:
- Bakkavor £1.7bn +3.9%
- Iglo Group £1.2bn -4.3%
- AF Blakemore and Son £1.1bn -1.1%
- Findus Group £1.1bn +1.7%
- United Biscuits £1bn +4.3%
- William Grant and Sons £1.6bn +1.4%
- Samworth Brothers £767M +3%
- Dunbia £765M +6.3%
Who are the biggest food producers?
World’s biggest food companies: Top ten by revenue
- Cargill – $113.5bn.
- Archer Daniels Midland Company – $64.65bn.
- Nestle – $63.8bn.
- Sysco Corporation – $60.1bn.
- JBS – $51.7bn.
- George Weston – $50.1bn.
- Tyson Foods – $42.4bn.
- Bunge – $41.14bn.
How large is the food industry?
A Large and Growing Market The foodservice and food retailing industries supplied about $1.79 trillion worth of food in 2019. Of this total, $978.2 billion was supplied by foodservice facilities.