Today: September 25, 2016, 10:51 pm

United Kingdom pet products market sales to reach a value of £826 million by 2016
Pet Products in the United Kingdom - a new market research report on 2014-03-21 14:21:03
With a 33% share and sales reaching £232 million in 2011, private label products continue to lead the United Kingdom pet products market after very slow growth of under 2%. They are increasingly offering wider and more attractive ranges to pet owners in order to compete more effectively at all levels with branded products. Pets at Home increased its market share by 4% in 2011, which is twice as much as overall average private label, mainly thanks to outlet expansion, to more than 20 in 2011. Its brand share being negligible in healthcare products and dietary supplements, the company achieved this growth thanks to cat litter and other pet products.

The Bob Martin Co recorded a retail value share of 30% with sales of £216 million in 2011, nearly £8 million more than in 2010. The company, particularly strong in healthcare and dietary supplements, enjoys a strong client base and has continued to develop new products to meet the growing needs of pets whilst ensuring that its brands are convenient and easy to use. Bob Martin has promoted itself further by setting up a new website called which aims to provide specific advice for pet owners and helps to diagnose and treat less complex problems.

With an 8% sales growth recorded in 2011, pet healthcare grew the fastest in this category. Along with the growing tendency of feeding their pets with fortified/functional pet food, some pet owners buy all the basic and over-the-counter medication that their pets need, or that they think would be good for them. Pet healthcare remains a priority for pet lovers, most of whom consider their pet as a family member. For this reason, sales of such products (anti-parasitic products, skin care, ear care, dental care) remain strong.

Although veterinary bills can get quite high, the smallest being the regular check-up costing an average of £35, it is estimated that in 2011, only 30% to 35% of cats and dogs owners have pet insurance. Pet owners rely heavily on good luck, good nutrition and a bit of exercise to keep their cat or dog healthy and strong, hoping to stay away from the clinic and away from pet bills. But with pet food manufacturers adding more and more supplements to their own products, such as food and treats (added calcium, added glucosamine, etc.), the need for additional supplements is now declining. As a result, sales were flat in 2012, and will decline in the future.

Pet products sales will keep on growing by an estimated 10% in constant value terms over the forecast period and reach more than £826 million. As the overall pet population continues to expand, consumers continue to demand the best products they can afford for their pets and manufacturers continue to innovate, providing the opportunity for higher price points.

In current terms, all categories but pet dietary supplements should grow fairly well over the forecast period, with pet healthcare and other pet products performing best. This is explained by the continuation of current trends such as the humanisation factor with pet owners increasingly purchasing products which provide their pets with the best health benefits.

Click for report details: ..

Browse all Consumer Goods Market Research Reports ..

Browse all Consumer Goods Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 707 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.