Yantai China Pet Foods (Wanpy) reports an operating income of 988 million yuan (US$145M) for the 1st semester, a year-on-year increase of 25.58%, with a net profit of 46.1162 million yuan, a year-on-year increase of 186.31%.
These companies’ annual revenues in 2019 surpassed those of others in the region. 1. Unicharm Corp. Unicharm’s pet care subsidiary has long dominated the Japanese market.
Pet Kingdom and the Shenzhen Institute of Advanced Technology released the nose print recognition technology at Pet Fair Asia. At the same time, it signed a cooperation agreement with Ping An Property & Casualty to apply this technology to pet insurance, the first commercial application of this pet nose print recognition technology.
Scientists have recently formulated a dog food using kiwifruit and the leaves of loquat trees as the primary ingredients. Scientists from the Jeonnam Agricultural Research
At least two European start-ups are venturing into Asia, and a Singapore-headquartered firm is looking to launch Southeast Asia’s first insect-based dog food brand in
Pet owners want a contingency plan to feed their pets during natural disasters. The recent spate of floods in different parts of Japan that brought widespread devastation
The source said Tencent Holdings Ltd. has shown interests in potentially investing around $50 million. Shenzhen-based pet clinic Ruipeng Pet Healthcare is seeking to raise
Nestlé has announced a series of investments that will further strengthen its footprint in China and continue to enhance its product portfolio with innovative and
Countries from the Philippines to Malaysia to China have all been affected by their respective lockdowns, e-commerce potential and virus struggles.
Fwusow Industry Co. Ltd., a major pet food manufacturer in Taiwan, plans to develop and launch a new line of dog food that will integrate OxC-beta, a proprietary supplement product from Avivagen, a life sciences corporation from Ottawa, Canada.
China’s pet care market continues to expand rapidly. Since 2012, the growth in terms of volume, network size and products available in the country has been accelerating year after year.
But professionals from all over the world who have works with China know that entering this large and promising market is an adventure fraught with pitfalls.
If you want to be successful in chinese pet market, it is recommended to develop a good understanding of its characteristic and keep control over your brand image, no matter if you plan to rely on a general agent or work with multiples partners.
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