Prepared Pet Food Manufacturing in the UK - Market Research Report (2014-2029)

Dog eat dog world: Growing pet food prices are elevating revenue in 2023-24

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The market has ballooned in recent years, driven by premiumisation amid surging demand for products made with high-quality natural ingredients, and spurred on by inflationary price hikes since 2021-22. The rise of pet parenting, where pets are treated as part of the family, has fuelled the penetration of premium pet foods, with consumers becoming more concerned about the benefits of providing a nutritious diet for their pets and willing to purchase premium products that are marketed with organic and healthy ingredients. This has mitigated the effects of a potentially challenging operating environment amid falling disposable incomes and unwelcome pet population trends.

Companies in this industry are engaged in the manufacture of prepared pet foods for pets, including dogs, cats, birds and fish. The treatment of slaughter waste to produce animal feeds is also included in the industry.