Iran, one of the biggest and most promising pet food markets in the Middle East, is experiencing an acute shortage of high-quality pet food products, as the import of foreign brands continues to be banned. Opportunities may just be right around the corner.
Health & Happiness Group International Holdings (H&H Group) acquired St. Louis, Missouri, USA-based Solid Gold Health Products For Pets, or Solid Gold Pet, for US$163 million, reported Mergers and Acquisitions. This represents H&H Group’s first foray into the dog, cat and other pet food industry.
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.
It starts here, with the latest news from the industry, market data and in depth articles covering topics such as sales network, chinese social media and other marketing tools, new regulations, etc.
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%.
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.
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 leading pet food maker Yantai China Pet Foods saw annual growth of 39.97% in net profit attributable to shareholders of the listed company in 2019.
In a newly published list of animals categorized as livestock in China, the country’s agriculture ministry made a surprising announcement tucked away at the bottom of the policy document: dogs are no longer to be treated as mere livestock, but as loyal companions.
Trade shows for pet supplies in China. The list of events announced with confirmed dates for 2020. March China (Guangzhou) International Pet Fair 2020 (March 6-8,
BEIJING (Reuters) – China has removed a ban on imports of pet food containing ruminant ingredients from the United States, according to a notice released
The new factory named I Tao Pet Supplies (Cambodia) Co., Ltd. The factory is located in Sihanouk Province, Cambodia, and covers an area of 27,000m2.
China has seen a surge in abandoned purebreed pets, which pours into cities’ skyrocketing stray populations. Though pet abandonment is considered inappropriate by the younger generation, it is still a growing problem due to the increase in pet ownership.
The 23rd China International Pet Show (CIPS 2019), the sole B2B international platform in Asia held from Nov. 20 to 23, 2019, created a new record once again with 1387 exhibitors from 24 countries or areas and over 80,000 visitors from over 90 countries or areas, covering 130,000 square meters.