Insights into the Asian Pet Industry

Japan
Tainted Pet Food Prompts Police Warning in Tokyo Suburb

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

Round D financing for Rui Pai Pet Hospital
Rui Pai Pet Hospital has officially signed an investment agreement with Mengniu Venture Capital to complete its D round financing, marking the first public financing
China Pet Market Size Tracker

Decreasing Interest in Pet Ownership in Japan Amid Economic Uncertainty
Despite the increase in pet ownership during the pandemic, Japan’s pet industry is expecting a decline in the number of pet owners and an increase in pet food prices.

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.

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.