Swindon-based pet food business Vet’s Kitchen, which only started exporting its premium pet food in Autumn last year, has secured wins in 10 new countries including markets across Asia and the Middle East in just 10 months.
Founded in 2005, Vet’s Kitchen has two business areas – Vet’s Klinic, a veterinary practice with a progressive approach to treatment, seeing more than 130 pets a day, and Vet’s Kitchen, a pet food brand that combines natural UK-sourced ingredients and veterinary expertise.
With support from the Department for International Trade (DIT) the company generated over £100,000 of revenue in the first six months of exporting. This year the company is expected to generate over £500,000 and within three years it is forecast to generate over £1million from international sales alone.
Ben Hutton, Sales Director at Vet’s Kitchen said: “Exporting can be quite challenging but it is also very rewarding. The trends of humanisation, premiumisation, and health and wellness are prevalent now the world over.”
In South Korea, which is one of the fastest growing pet food markets in the world, the company secured a deal with a new distributor, Top Pet, which will see the Vet’s Kitchen brand sold across speciality pet channels in the region. Similarly, a deal with FairPrice, the largest grocery chain in Singapore, will see the premium pet food brand sold in 40 stores across the country.
The company also secured an export deal with a pet food distributor in Hong Kong, and although a very small market for the company, it can be used to test the Chinese market for bigger opportunities. The revenue from each of these export wins totalled over £100,000 and is expected to double over the next 12 months.
The Middle East is also a developing market for the company, as it has started trading with three new partners in the region – The Petshop LLC in the United Arab Emirates, which claims to be the largest pet store in the Middle East, a grocery chain called LuLu’s which has 174 outlets across the Gulf regions, and Alosra which has a chain of nine supermarkets in Bahrain. The wins for this region are expected to increase by 200% over the next three years.
In 2020, Vet’s Kitchen will be focusing on expanding its exports to target markets including Saudi Arabia, China, Thailand and Japan – which is the biggest pet food market in the world after the United States and the UK. Europe is also on the agenda and the brand has just reached an agreement with the largest grocery chain in the Republic of Ireland, Dunnes Stores.
Paul Shand, DIT’s Head of Trade in the South West, said: “It is exciting to see just how much Vet’s Kitchen has achieved internationally in such a short space of time, highlighting the growing global demand for pet food overseas.
“In markets like the Middle East and Asia, British-made products are synonymous with quality which presents a golden opportunity for UK businesses to explore these international opportunities.”
Vet’s Kitchen is one of the fastest growing pet food brands in the UK according to Kantar, with a current annual turnover of £5 million.
The business currently employs 36 members of staff in Swindon, 25 of which are in Vet’s Klinic. All are dedicated to improving the health and wellbeing of pets.