80% Micro
18% Small
1% Mid
0% Large
0% Mega
INSIGHTS - OCTOBER 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
134,146
Annual Sales
£97bn +
Employees
1,766,267
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% Startup
35% Young
16% Established
6% Mature
3% New
Oldest Food and Drink Companies
Established
Fastest Growing Food and Drink Companies
35% Declining
20% Healthy
20% Rapid
16% High
9% 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 134,146 active Businesses in the UK with combined annual sales of £97 billion .
The Industry employs around 1,766,266 people and contributes £35 billion to the economy.
The most popular location for Food and Drink companies is London with 32,742 and the fewest are located in Northern Ireland with 2,523.
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 Startup businesses (40%) the oldest company is The Festiniog Railway Company founded in 1832.
Food and Drink industry has a number of high growth companies (16%), the fastest growing company is Oval Events Holdings Limited with a 3 year growth rate of 212%. Other fast growing companies include Piccolino Restaurants Limited (169%), Dnata Catering Uk Limited (158%) and Cgc Events Limited (157%).
The UK Food and Drink Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.71x, Turnover multiple of 1.50x and a Net Asset multiple of 2.93x.
