Business
Sensen Group files for A-shares IPO
On 18 January 2021, Sensen Group Co., Ltd. announced an initial public offering and listing counseling agreement with Haitong Securities, planning to enter the China’s
Trends
Regulation
[Iran] High Hopes for market reopening
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.
Business
H&H Group acquires Solid Gold Pet
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.
News Roundup
[South Korea] Plant-powered dog food
International plant-based dog food company partners with Dream Pet Foods to introduce vegan kibble. V-planet, a leading international vegan dog food company, announces that its 100%
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.
Business
Yantai China Pet Foods half year profit 186% increase
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 Food
5 top pet food companies based in Asia-Pacific
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.
Trends
Pet Nose print Recognition to replace microchips?
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.
News Roundup
Will insect-based pet food take off in Asia?
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
Business
Ruipeng Pet Clinic Seeks New Funding Ahead of IPO
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
Business
Nestlé China to invest in petfood factories
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
News Roundup
[Taiwan] Fwusow to develop new dog food with OxC-beta
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.
Economy
China’s leading pet food maker net profit up nearly 40 pct in 2019
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.
News Roundup
China updates dogs classification to companion animals
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.
Exhibitions
Updated! Exhibitions for pet supplies in China (2020)
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,
ASEAN
[Philippines] Pet Lovers Centre flourishes
The Philippines’ Robinsons Retail will open its fifth Pet Lovers Centre (PLC) this year following its strategy of broadening its retail focus beyond fashion. “The
Business
China removes import barriers on some pet food from US
BEIJING (Reuters) – China has removed a ban on imports of pet food containing ruminant ingredients from the United States, according to a notice released
News Roundup
Yantai China Pet Foods Group (Wanpy) invest in new Cambodia factory
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.
Economy
Chinese pet industry united against Covid-19
The novel coronavirus came into the world by surprise, while Chinese citizens were enjoying the lunar new year holidays. It continues to take a toll
News Roundup
Purebreed Pets Increasingly Abandoned
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.
News Roundup
Saving the “Chinese Rural Dog”
Animal-loving netizens are rallying for the rights of man’s best friend after a handful of cities across China began rolling out stricter rules on dog
Exhibitions
CIPS 2019 Post-Show Report
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.
News Roundup
Baidu’s AI Cat Shelter
The hi-tech shelter provides food and warmth while scanning its feline guests for disease Amid all the headlines about dystopian doomsday scenarios and mass surveillance