Insights into the Asian Pet Industry

China
Pet Care Industry in China to Exceed $60 Billion in 2023

Woolworths Group enters the pet supplies business
The Sydney-based Woolworths Group has entered into an agreement to acquire a 55 per cent equity interest in Petspiration Group, a leading Australian and New Zealand speciality pet retailer.
China Pet Market Size Tracker

2022 China Pet Industry Development Report
The Asian Pet Research Institute, in conjunction with Tmall Pet, Ali Mama, and Euro Rui International, has released the “Pet Industry Blue Book: 2022 China Pet Industry Development Report”.

Global Pet Market Overview 2022
In 2022, the global retail market for pet products is expected to reach 171.4 billion US dollars, with the retail sales of food, health products, and supplies growing at a slow rate during the pandemic.

China Pet Retail Channels (2023)
As the pet industry in China continues to grow, pet owners are turning to digital platforms to make their purchases. According to research reports, 55% of pet-related sales in China are made online.

Thai Union and i-Tail expand in China, Europe with $2.5M
Thai Union plans to expand its pet food arm i-Tail in China and Europe, to import, sell, and distribute pet food and products. The move is part of the company’s strategy to capitalize on the growing demand for premium wet pet food in these regions.

Mankind Pharma launch PetStar Dog Food in India
Mankind Pharma Limited, a leading healthcare provider, has diversified its offering in the pet care industry with the launch of Mankind’s PetStar Dog Food.