The UK Sheep Farming industry has been subject to volatile conditions during the five years through 2015-16. The industry enjoyed strong growth at the start of the period as rising lamb prices and strong export demand boosted revenue and encouraged farmers to increase flock sizes. After a strong year in 2010-11, the industry contracted significantly in 2011-12 due to poor weather and intense import penetration. Since then, a healthier consumer backdrop has spurred demand for high-quality and organic red meats. However, the share of retail prices captured by farmers has gradually declined, damaging industry profitability.
Businesses in this industry raise and breed sheep and goats. Farmers in the industry are also involved in wool production. The industry excludes the processing of meat or milk.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.