Market Trends of uk pet treats Industry
There is an increased preference of adopting cats in urban areas as they require less space and are easily affordable
- The adoption of pet cats has been increasing in the United Kingdom for the past five years, and the increase in the number of cats as pets in the country can be attributed to an increase in the need for companionship during the COVID-19 pandemic, increasing urbanization, and because cats can be kept indoors without feeling cooped up. These benefits helped the cat population increase by 69.3% between 2019 and 2022.
- In the United Kingdom, only one region has a higher population of cats as pets than dogs. In 2022, London witnessed that cat ownership was the highest in the country as it accounted for 61% of the pet parents in London. London has the highest national share of cats adopted because of their affordability and lower maintenance requirements. Increasingly, people are living in small apartments and houses, which are better suited for cats than for dogs. The majority of the cats adopted in the country are found to be living in urban areas. The preference of people adopting cats in urban areas is because they require less space than dogs and do not need to be taken on walks, which is difficult in busy cities such as London. Cats are relatively quiet creatures, which is essential while living in flats, making them a preferred choice for pet parents.
- There is a high potential for the growth of the cat population in the country, with 250,000 stray cats in the urban areas of the country expected to be adopted by pet parents in the coming years. The rising cat population due to increasing urbanization, lower maintenance, and the potential of adoption of cats increasing in the future are anticipated to help in the growth of the pet food market in the country.
The growing pet food product premiumization and increasing demand for high-quality natural pet foods are driving expenditure in the United Kingdom
- In the United Kingdom, there has been a consistent upward trend in pet owners' spending on various pet products. Between 2019 and 2022, there was a substantial increase of about 13.3% in pet expenditure. This growth can be attributed to the growing trend of pet humanization, which has resulted in a higher demand for premium products, including natural and grain-free pet foods.
- The pet treats expenditure accounted for about 10.3% of the total pet expenditure in the United Kingdom per pet in 2022. Between 2019 and 2022, there was an increase in pet treats expenditure in the country. The expenditure on cat treats showed a significant increase of about 37.8%, while spending on dog treats increased by about 11.7%, and spending on other pet animal treats increased by 4.3% during the same period. Some of the major pet treat manufacturers in the United Kingdom are Mars Incorporated, Nestle Purina Petcare, and Hill's Pet Nutrition. The increasing premiumization in the country demands various novel protein pet treats and increased pet health, driving the pet treat expenditure in the country.
- Offline retail channels such as pet shops, vet clinics, and supermarkets are the preferred distribution channels for purchasing pet food products in the country. However, e-commerce has gained popularity in recent years, particularly due to the pandemic. Pets at Home is one of the leading pet food retailers in the country and operates more than 452 stores. Growing awareness of the benefits of high-quality pet treats and the increasing premiumization of pet treats are projected to continue driving pet expenditure in the country.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growing adoption of dogs from animal shelters and rescue organizations and benefits such as providing companionship increased the dog population
- Low maintenance and other pets occupying limited space has increased the adoption of other pets