INSIGHTS - APRIL 2024

UK Farming Industry

UK Farming Industry Information

The farming industry involves the production of crop and animal products, including organic agriculture and genetically modified crops as well as hunting, trapping and related activities.

Active Businesses

26,582

Annual Sales

£37bn +

Employees

160,115

Economic Contribution 

£9bn

Tags

Location of Farming Companies

Farming Companies by Size

59% Micro

36% Small

3% Mid

1% Large

0% Mega

Farming Companies by Age

35% Mature

27% Established

21% Young

17% Startup

0% New

Fastest Growing Farming Companies

33% Declining

24% Healthy

17% High

17% Rapid

9% Low

Farming Industry Competitive Environment - New Entrants vs Leavers

Farming Industry Valuation

EBITDA Multiple

Farming Industry Valuation

Turnover Multiple

Farming Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Crop and animal production, hunting and related service activities Industry Insights

There are 26,582 active Businesses in the UK with combined annual sales of £37 billion .

The Industry employs around 160,114 people and contributes £9 billion to the economy.

The most popular location for Farming companies is East of England with 3,940 and the fewest are located in North East England with 720.

The largest Farming company is Frontier Agriculture Limited with a turnover of £2.4bn. 59% of the industry is comprised of Micro companies with only 3% Mid companies.

17% of the Farming Industry is made up of 17% Startup but the majority are Mature businesses (35%) the oldest company is Broughton Auction Co Limited(the) founded in 1877.

Farming industry has a number of high growth companies (17%), the fastest growing company is Emmett Farms (Uk) Limited with a 3 year growth rate of 141%. Other fast growing companies include White Rose Farms Limited (108%), Varfell Farms Ltd (106%) and Dormfresh Limited (86%).

The UK Farming Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.44x, Turnover multiple of 0.72x and a Net Asset multiple of 1.39x.