Verified Market Size

Pharmacies · United Kingdom

UK Pharmacy Businesses Up 21%[3] Since 2019, but Turnover Down 12%[3] Since 2022

The number of UK dispensing chemist businesses rose from 5,112[3] in 2019 to 6,161[3] in 2024, while their turnover fell from £14.9bn[3] in 2022 to £13.1bn[3] in 2024, not adjusted for inflation.

✓ Official figures, every one sourcedPublished 29 September 2026Source: Office for National StatisticsDownload data (CSV)
Read this before using these figures. This counts businesses, not pharmacies. One business can own many pharmacies, and when a chain sells branches to independent owners, each new owner is a new business, so the count can rise while the number of pharmacies falls.
Businesses, 2024

6,161[3]

+20.5% since 2019[3]

Turnover, 2024

£13.1bn[3]

+7.8% since 2019[3]

Turnover per business, 2024

£2.1m[3]

-10.6% since 2019, from £2.4m[3]

Turnover since the 2022 peak

-12.4%[3]

2022 to 2024

Turnover is not adjusted for inflation. Turnover per business is total turnover divided by the number of businesses.

Turnover and Number of Businesses Since 2019

100105110115120125201920202021202220232024Turnover, 2019: 100.0 (2019 = 100)Turnover, 2020: 105.2 (2019 = 100)Turnover, 2021: 108.5 (2019 = 100)Turnover, 2022: 123.0 (2019 = 100)Turnover, 2023: 105.4 (2019 = 100)Turnover, 2024: 107.8 (2019 = 100)Businesses, 2019: 100.0 (2019 = 100)Businesses, 2020: 101.3 (2019 = 100)Businesses, 2021: 103.8 (2019 = 100)Businesses, 2022: 108.5 (2019 = 100)Businesses, 2023: 117.4 (2019 = 100)Businesses, 2024: 120.5 (2019 = 100)Turnover+7.8%Businesses+20.5%
Turnover Number of businesses · 2019 = 100 · turnover not adjusted for inflation

Source: Office for National Statistics, Annual Business Survey (UK SIC 47.73), 2019 to 2024.Download the data

How to Read These Figures

  • Businesses are enterprises whose main activity is this industry, as counted by the ONS Annual Business Survey. A company with many sites counts once.
  • Turnover is the industry's total sales, including exports and excluding VAT, in cash terms. It is not adjusted for inflation, so part of any rise reflects higher prices.
  • 2019 is the starting point because it is the last year before the pandemic; 2020 would flatter most growth rates.
  • Every number links to the exact table and cell it comes from. Percentage changes and turnover per business are calculated directly from those cited figures.

Sources

  1. Eurostat, Euro/ECU exchange rates - annual data. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  2. Eurostat, Enterprises by detailed NACE Rev. 2 activity and special aggregates. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  3. ONS, Annual Business Survey: UK non-financial business economy, sections A to S. Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required

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