UK: Consumers flocked back to lamb in 2024

Published 2024년 12월 25일

Tridge summary

In the past year, lamb sales have risen by 6% despite rising prices, driven by a shift in consumer focus towards quality, ease of cooking, health benefits, and British sourcing. This trend has benefited lamb, which has a higher price point, and has attracted younger and less affluent consumers. Added value products have seen a significant increase in sales, aligning with consumer preferences for convenience and trying new dishes. Retailer support through promotions has also contributed to the growth in less traditional lamb cuts like burgers and marinades. To continue this growth into 2025 and beyond, the lamb industry needs to continue addressing consumer needs in areas like health, convenience, and value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the last 12 months we have instead seen consistent year-on-year increases in volume sales in retail, with overall volumes purchased up 6% year-on-year (Kantar, 52 w/e 1 December 2024). This is despite seeing almost as consistent price rises during this time (Kantar, 12 w/e 1 December 2024). Equally, for the out of home market lamb has also been in growth, up more than 8% year-on-year (AHDB estimates on Kantar Out-of-home data, 52 w/e 1 September 2024). There are several key factors which have driven the growth in lamb: Consumer focus starting to shift from price Consumer confidence has been on a positive trajectory throughout 2024, reaching its highest level since the cost-of-living crisis began at the end of 2021 (Consumer Confidence Monitor, 2024). While price has certainly remained a top consideration for shoppers, we have seen other factors gaining in importance for consumers when purchasing red meat. Although price remains the highest importance for 71% of consumers, this ...
Source: EuroMeat

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