Pet Market In China at Archie Chester blog

Pet Market In China. By the end of the year, the number of pets in china’s cities is expected to surpass the number of children aged four and under, according. In the past 10 years, china’s pet economy, including food, toys, and supplies, in addition to the pets themselves, has grown by an astounding 1,500%. According to zheshang securities, the market share in terms of dry food, wet food and snacks of pet food market structure in china is expected to be 3:1:1. Unsurprising to many china residents, about 90 percent of pet consumables sold in china are purchased online. The pet economy in china is booming like never before. China’s pet food and supplies market has enjoyed spectacular growth. Consistent market growth during a challenging macroeconomic. This trend shows no signs of abating as. Nowadays, pet lovers no longer consider their furry friends as. The pet food market in 2023 is estimated at eur 18.3 billion, showing an increase of eur 2.24 billion compared with 2022. This would represent an 800 percent increase compared to 2013. With a staggering 323 million pet enthusiasts as of august 2023, the market is ripe for innovation and investment. By 2023, china’s pet industry is estimated to reach rmb 472.3 billion in combined annual revenue. According to a recent report by questmobile, the pet industry has attracted investments exceeding 1.2 billion yuan in 2023 alone.

This trend shows no signs of abating as. The pet economy in china is booming like never before. Nowadays, pet lovers no longer consider their furry friends as. In the past 10 years, china’s pet economy, including food, toys, and supplies, in addition to the pets themselves, has grown by an astounding 1,500%. With a staggering 323 million pet enthusiasts as of august 2023, the market is ripe for innovation and investment. By the end of the year, the number of pets in china’s cities is expected to surpass the number of children aged four and under, according. China’s pet food and supplies market has enjoyed spectacular growth. According to zheshang securities, the market share in terms of dry food, wet food and snacks of pet food market structure in china is expected to be 3:1:1. This would represent an 800 percent increase compared to 2013. The pet food market in 2023 is estimated at eur 18.3 billion, showing an increase of eur 2.24 billion compared with 2022.

Dog market beijing hires stock photography and images Alamy

Pet Market In China The pet food market in 2023 is estimated at eur 18.3 billion, showing an increase of eur 2.24 billion compared with 2022. According to a recent report by questmobile, the pet industry has attracted investments exceeding 1.2 billion yuan in 2023 alone. By 2023, china’s pet industry is estimated to reach rmb 472.3 billion in combined annual revenue. According to zheshang securities, the market share in terms of dry food, wet food and snacks of pet food market structure in china is expected to be 3:1:1. By the end of the year, the number of pets in china’s cities is expected to surpass the number of children aged four and under, according. This trend shows no signs of abating as. Unsurprising to many china residents, about 90 percent of pet consumables sold in china are purchased online. The pet food market in 2023 is estimated at eur 18.3 billion, showing an increase of eur 2.24 billion compared with 2022. In the past 10 years, china’s pet economy, including food, toys, and supplies, in addition to the pets themselves, has grown by an astounding 1,500%. Nowadays, pet lovers no longer consider their furry friends as. Consistent market growth during a challenging macroeconomic. The pet economy in china is booming like never before. This would represent an 800 percent increase compared to 2013. With a staggering 323 million pet enthusiasts as of august 2023, the market is ripe for innovation and investment. China’s pet food and supplies market has enjoyed spectacular growth.