The forecasted import of dog or cat food into the UK is set to increase steadily from $968.39 million in 2024 to $1,030.2 million by 2028. The year-on-year growth rates indicate a consistent upward trend, with notable increments annually. From 2024 to 2025, the projected growth is 1.64%, followed by successive increases of 1.59% to 2026, 1.52% to 2027, and 1.48% to 2028. The compound annual growth rate (CAGR) over this five-year forecast period is expected to be approximately 1.65%.
Future trends to watch include:
- Rising consumer demand for premium pet food and increasing pet ownership may further boost imports.
- The impact of trade policies and Brexit-related adjustments on supply chains could alter import dynamics.
- Shifts towards sustainable and ethically sourced pet food products could redefine market preferences, influencing import volumes.