Market revenue in 2022 | USD 5,342.5 million |
Market revenue in 2030 | USD 6,907.6 million |
Growth rate | 3.3% (CAGR from 2022 to 2030) |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | |
Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
UK has a total population of 13 million and 12 million dogs and cats, respectively, and is one of the prominent markets for pet food in Europe in 2022. According to the UK Pet Food Manufacturers Association (PFMA), 82 members associated with the trade body occupy more than 90% of the market share.
The pet food market in the country complies with stringent standards and over 50 different legislations to manufacture pet food products of the highest quality and safety. According to an article published by the Institute of Food Technologists (IFT), in 2020, 34% of dog pet owners in the country prefer vegan meals over meat-based meals for their pets, while 76% believe in providing meals that will support the digestive health of their pets.
Additionally, in 2020, research found that dog food made from sustainable ingredients appealed to around 53% of UK pet buyers. High demand for vegan and plant-based products with customized meal preferences by owners is estimated to fuel the demand for natural and organic pet food products.
Horizon Databook provides a detailed overview of country-level data and insights on the UK pet food market , including forecasts for subscribers. This country databook contains high-level insights into UK pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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