Industry: Retail and Consumer | Publish Date: 19-Nov-2024 | No of Pages: 117 | No. of Tables: 85 | No. of Figures: 50 | Format: PDF | Report Code : RC2826
The UK Pet Food Ingredients Market size was valued at USD 2.16 billion in 2023, and is predicted to reach USD 3.30 billion by 2030, at a CAGR of 5.8% from 2024 to 2030. In terms of volume the market size was 399.45 kilotons in 2023 and is projected to reach 492.22 kilotons in 2030, with a CAGR of 2.6% from 2024 to 2030.
The pet food ingredients market involves the production and supply of key raw materials formulated to meet the nutritional needs of pets. These ingredients including proteins, fats, carbohydrates, vitamins, and minerals, are sourced from both plants and animals. The processing techniques such as grinding and blending are used to boost both flavour and nutritional content.
By utilizing high-quality ingredients, manufacturers aim to promote pet health and cater to dietary needs including specific requirements. The companies in this sector emphasize sourcing premium ingredients and ensuring transparency in their supply chains, enhancing product quality and building consumer trust. This approach further supports market growth as pet owners increasingly prioritize high-quality food options for their pets.
The rising number of pet owners across the country drives demand for high-quality and nutritious pet food ingredients that led to growth of the market. As more households’ welcome pets, owners focus emphasis on premium nutrition to support optimal health, encouraging manufacturers to innovate in sourcing and formulation to deliver diverse products and meet various dietary requirements.
As per the latest report published by the UK Pet Food Association, in 2024, approximately 17.2 million households, representing 60% of the total, are expected to own one of the 36 million pets in the UK. This trend in pet ownership drives manufacturers to adapt to changing consumer preferences that in turn contributes to the market growth.
Growing sustainability concerns in the UK fuels the growth of the market as consumers increasingly opt for eco-friendly and ethically sourced pet food ingredients. This shift is prompting manufacturers to prioritize responsible sourcing, addressing the demand for products that align with environmental and ethical standards.
For example, in March 2024, UK-based Meatly collaborated with Omni to introduce the world’s first canned cat food made with cultivated chicken protein. This innovative product provides a sustainable and cruelty-free option, addressing environmental challenges and accelerates to the rising demand for nutritious pet diets. The focus on sustainability signals a change in consumer preferences, influencing the future direction of the pet food industry.
Regulatory challenges followed from Brexit, led to uncertainty in ingredient sourcing and labeling that hinders the growth of the market. Manufacturers deals with differing standards between the UK and the EU that complicates compliance and disrupt supply chains. This situation led to challenges in maintaining consistent ingredient quality and transparency in product labeling, ultimately impacting consumer trust and market dynamics.
The increased complexity in navigating these new regulatory landscapes hinder the ability of manufacturers to deliver reliable products, contributing to an unstable market environment.
The transition to sustainable protein sources such as egg-derived proteins, tofu byproducts, black soldier flies, and silkworms is expected to create new opportunities in the pet food ingredient market.
These alternatives are increasingly recognized for their rich nutritional content and lower environmental impact when set against traditional proteins including beef and pork. Egg proteins and tofu derivatives provide nutrients and helps to reduce food waste.
Moreover, insect proteins from black soldier flies and silkworms provide an organic and environmentally friendly method of protein production. These sustainable options not only fulfill pets’ dietary requirements but also support the adoption of sustainable practices, encouraging the industry towards environmentally responsible production and long-term sustainability.
The several market players operating in the UK pet food ingredients industry include Cargill Incorporated, BASF SE, Archer Daniels Midland Company (ADM), Koninklijke DSM N.V., Paleo Ridge, Symrise AG, Darling Ingredients Inc., The Scoular Company, Roquette Freres, Kemin Industries, Inc., and others.
Non-Vegan
Beef
Chicken
Fish
Others
Vegan
Soyabeans
Peas
Lentils
Others
Novel Proteins
Organic
Inorganic
Dry
Wet
Dog
Cat
Others
Online
Offline
Cargill Incorporated
BASF SE
Archer Daniels Midland Company (ADM)
Koninklijke DSM N.V.
Paleo Ridge
Symrise AG
Darling Ingredients Inc.
The Scoular Company
Roquette Freres
Kemin Industries Inc.
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 2.16 Billion |
Revenue Forecast in 2030 |
USD 3.30 Billion |
Growth Rate |
CAGR of 5.8% from 2024 to 2030 |
Market Volume in 2023 |
399.45 Kilotons |
Volume Forecast in 2030 |
492.22 Kilotons |
Growth Rate (Volume) |
CAGR of 2.6% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2024 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |