The import of dog or cat food to the UK has shown a steady increase from the actual data in 2023 through to the forecasted data up to 2028. The import volume in 2023 was 546.00 million kilograms. For 2024, the forecast value is 552.36 million kilograms, rising progressively to 579.41 million kilograms in 2028. The year-on-year percentage variation indicates modest growth, maintaining a consistent upward trend:
• 2024: +1.16%
• 2025: +1.26%
• 2026: +1.22%
• 2027: +1.18%
• 2028: +1.15%
The Compound Annual Growth Rate (CAGR) over the last five years shows an average annual variation of around 1.19%, signaling steady demand.
Future trends to watch for include the potential impact of economic factors on consumer spending, changes in pet ownership patterns, and evolving preferences for premium or specialized pet food products. Monitoring these trends will be crucial for stakeholders to adapt and capitalize on market opportunities.