The market is dominated by domestic suppliers, as imports account for 16.8% of total market size in 2023. B2B drives market demand, with B2B spending representing 55.5% of total demand in 2023. The UK has the fifth largest market size for pet food and animal feeds regionally, with demand reaching USD14.0 billion in 2023. Ab Agri Ltd is the largest company in the UK, generating 8.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 33.6% of total production value in 2023. The total number of companies decreases in 2023, to 1,350 units. The costs of the industry increase by 3.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.7% of production value in 2023, the sixth highest regionally. The industry’s exports share increases in 2023 to 12.2% of total production output. With production value of USD10.8 billion, the UK accounts for 9.7% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Pet Food and Animal Feeds in the United Kingdom: ISIC 1533. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pet Food and Animal Feeds in the United Kingdom: ISIC 1533 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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