Mintel

Brits to spend over £2bn on pet care products and services by 2023

New research has found the UK pet product and service market is expected reach a value of £2.1bn by 2023, a 25 percent increase from an estimated £1.7bn in 2018. According the research by Mintel shows six in 10 pet owners bought pet products in 2017, with toys being the…

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Household pet ownership falls to 56 percent

New research from Mintel claims that pet ownership has tumbled by seven percentage points in five years, with just over half (56 percent) of UK households now containing a pet, down from 63 percent in 2012. Mintel’s Britain’s Pet Owners UK 2017 report finds a decline in all types of ownership. Although cats…

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US sales of pet treats outpace dog/cat food

The sale of pet treats has outpaced both dog and cat food in the last five years in the US. New research from Mintel has revealed that treats sales increased by 29 percent between 2012-17 to reach $4.39 billion. Meanwhile, dog food sales grew eight percent between 2012-17 to reach…

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Cash still reigns supreme

As the nation gets set to embrace the new style £10 notes, new research from Mintel reveals cash is king for the majority of Brits, as today, just a third (33 percent) of consumers say they would be comfortable with a cashless society. Mintel research confirms most Brits are reluctant to…

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Pet accessories market expected to top £1bn by 2021

New research from Mintel reveals that nearly a quarter (24 percent) of the UK’s pet owners say it’s important to keep up-to-date with the latest styles of pet accessories. Today’s pet owners truly believe their four legged friends are enjoying the gifts they bestow upon them. More than half (56…

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Half of UK dog and cat owners don’t have pet insurance

Over ninety percent of UK pet owners describe their pets as a member of the family. Yet, more than half don’t have pet insurance for their four-legged friends, found M&S Bank. Despite seeing their pet as part of the family, new research for M&S Bank discovered that over a third of…

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38% of pet owners face guilt-ridden holidays

It’s a welcome change. Just a few weeks ago we reported that Battersea Dogs and Cats Home saw an influx of pets during the holiday season. Neglectful owners reportedly abandoned animals after failing to take their pets into account when booking vacations. Thankfully, new statistics show many owners in the UK take…

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