Pet care market value in the United Kingdom (UK) 2018, by category
This statistic displays the value of the pet care market by category in the United Kingdom (UK) in 2018. That year, pet food amounted to a market value of 2.7 billion British pounds, while the veterinary market was worth 2.4 billion pounds.
In the UK, approximately 45 percent of households own a pet, with the most popular pet type being a dog. In 2018, 26 percent of UK households owned a pet dog, compared to 18 percent who owned cats, and two percent who owned rabbits. As a result, the dog food market is the most profitable, valuing around 1.4 billion British pounds in 2017.
For the many pet owners in the UK, the costs of looking after a pet are extensive. According to estimates, the basic lifetime cost of a pet rabbit is 12.5 thousand pounds, with this figure rising to 20.5 thousand pounds for cats and 27 thousand pounds for dogs. That said, the benefits of keeping pets outweigh the expense for most. In survey conducted in 2016, 93 percent of respondents said owning a pet makes them happy and 88 percent said it improves their life.
In the UK, approximately 45 percent of households own a pet, with the most popular pet type being a dog. In 2018, 26 percent of UK households owned a pet dog, compared to 18 percent who owned cats, and two percent who owned rabbits. As a result, the dog food market is the most profitable, valuing around 1.4 billion British pounds in 2017.
For the many pet owners in the UK, the costs of looking after a pet are extensive. According to estimates, the basic lifetime cost of a pet rabbit is 12.5 thousand pounds, with this figure rising to 20.5 thousand pounds for cats and 27 thousand pounds for dogs. That said, the benefits of keeping pets outweigh the expense for most. In survey conducted in 2016, 93 percent of respondents said owning a pet makes them happy and 88 percent said it improves their life.
