Insights into the Asian Pet Industry
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Thailand’s Pet Industry on the Rise: Booming Market and Trading Hub
According to a recent survey conducted by the College of Management Mahidol University (CMMU), the pet industry in Thailand has significant potential for exponential growth among “petsumers”. The survey showed that over 49% of Thai people currently prefer to adopt pets instead of having children.
China Pet Market Size Tracker
Pet World Nutritions Plans Singapore IPO to Raise up to $100M in 2023
Malaysia’s Pet World Nutritions is planning an initial public offering (IPO) in Singapore to raise up to $100 million. The offering could potentially be the largest IPO in Singapore in over a year and a boost for Singapore’s IPO activity.
Mars Petcare Opens APAC’s First Pet Food R&D Center in Thailand
Mars Petcare has announced the opening of the Asia Pacific region’s first pet food research and development center in Thailand. The APAC Pet Center is the company’s first automated pet food R&D center in the region, covering a total area of 3,630sqm.
L Catterton Invests in Partner Pet
L Catterton, a leading global consumer-focused investment firm, today announced that it has invested in Partner Pet, a premium freeze-dried pet food company in China.
New Ruipeng Pet Group’s US IPO Plans
New Ruipeng Pet Group Inc., a China-based pet healthcare company, is planning to go public on the Nasdaq stock exchange through an initial public offering (IPO). The proceeds of the IPO will be used to improve the company’s pet healthcare services, brand strategy, and research and development initiatives.
Japan Leads Growth in Pet Milk Replacer Market
In Asia, Japan is a significant player in the pet milk replacer market, with a CAGR of 6.4% during the forecast period.