The annual spending on pets and pet related products in the UK from 2005 to 2020 has had ups and downs. Generally, however, spending has increased during this time period. From 2005 to 2009 and from 2011 to 2012, spending in this category was on a downward trend. However, from 2015 onwards, annual spending on pets and related products has been on an upward trend, reaching 7.5 billion British pounds in 2020.
Expenditure on pets and related products in the UK
Not surprisingly, UK consumers with the highest ten percent of gross income also spend the most on pets and pet food per week. Consumers who earn in the top ten percent of gross income spend an average of 14 pounds and 40 pence per week. The leading pet and related products retailer in the UK is Tesco. Tesco sold 572.3 million British pounds worth of products in 2017.
Market value of dog treats in the UK
On a more specific level, the market for dog treats has grown in value over the decade as well. The UK’s market value for dog treats in 2018 reached a high of 462 million British pounds. This value has continually increased year-after-year since 2007.
Annual expenditure on pets and related products in the United Kingdom (UK) from 2005 to 2020, by volume*
(in million GBP)
* Household final consumption expenditure based on chained volume measures (seasonally adjusted). Figures are given here in volume terms rather than value terms to give a better picture of whether households purchased more or less goods and services over the period in consideration.
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Statistics on "Pet food in the United Kingdom (UK)"
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Office for National Statistics (UK). (June 30, 2021). Annual expenditure on pets and related products in the United Kingdom (UK) from 2005 to 2020, by volume* (in million GBP) [Graph]. In Statista. Retrieved December 02, 2021, from https://www.statista.com/statistics/308269/annual-spending-on-pets-and-related-products-in-the-uk-by-volume/
Office for National Statistics (UK). "Annual expenditure on pets and related products in the United Kingdom (UK) from 2005 to 2020, by volume* (in million GBP)." Chart. June 30, 2021. Statista. Accessed December 02, 2021. https://www.statista.com/statistics/308269/annual-spending-on-pets-and-related-products-in-the-uk-by-volume/
Office for National Statistics (UK). (2021). Annual expenditure on pets and related products in the United Kingdom (UK) from 2005 to 2020, by volume* (in million GBP). Statista. Statista Inc.. Accessed: December 02, 2021. https://www.statista.com/statistics/308269/annual-spending-on-pets-and-related-products-in-the-uk-by-volume/
Office for National Statistics (UK). "Annual Expenditure on Pets and Related Products in The United Kingdom (Uk) from 2005 to 2020, by Volume* (in Million Gbp)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/308269/annual-spending-on-pets-and-related-products-in-the-uk-by-volume/
Office for National Statistics (UK), Annual expenditure on pets and related products in the United Kingdom (UK) from 2005 to 2020, by volume* (in million GBP) Statista, https://www.statista.com/statistics/308269/annual-spending-on-pets-and-related-products-in-the-uk-by-volume/ (last visited December 02, 2021)
