80% Micro
19% Small
1% Mid
0% Large
0% Mega
INSIGHTS - DECEMBER 2024
UK Food and Drink Industry
UK Food and Drink Industry Information
The food and drink service industry includes serving or event catering activities to provide meals or drinks in restaurants, fast-food takeaways, pubs, bars, nightclubs, social clubs, cafeterias, ice cream vans, mobile food vans and market stalls.
Active Businesses
135,405
Annual Sales
£98bn +
Employees
1,749,710
Economic Contribution
£35bn
Tags
Location of Food and Drink Companies
Food and Drink Companies by Size
Largest Food and Drink Companies
Turnover
Food and Drink Companies by Age
40% Young
35% Startup
19% Established
6% Mature
0% New
Oldest Food and Drink Companies
Established
Fastest Growing Food and Drink Companies
32% Declining
23% Rapid
20% Healthy
18% High
8% Low
Fastest Growing Food and Drink Companies
3yr CAGR
Food and Drink Industry Competitive Environment - New Entrants vs Leavers
Food and Drink Industry Valuation
EBITDA Multiple
Food and Drink Industry Valuation
Turnover Multiple
Food and Drink Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Food and beverage service activities Industry Insights
There are 135,405 active Businesses in the UK with combined annual sales of £98 billion .
The Industry employs around 1,749,710 people and contributes £35 billion to the economy.
The most popular location for Food and Drink companies is London with 32,934 and the fewest are located in Northern Ireland with 2,555.
The largest Food and Drink company is Whitbread Group Plc with a turnover of £3bn. 80% of the industry is comprised of Micro companies with only 1% Mid companies.
6% of the Food and Drink Industry is made up of 6% Mature but the majority are Young businesses (40%) the oldest company is The Festiniog Railway Company founded in 1832.
Food and Drink industry has a number of high growth companies (18%), the fastest growing company is Oval Events Holdings Limited with a 3 year growth rate of 212%. Other fast growing companies include Eventist Group Limited (209%), Excel Hospitality Limited (208%) and Piccolino Restaurants Limited (169%).
The UK Food and Drink Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.87x, Turnover multiple of 1.66x and a Net Asset multiple of 3.00x.
