The General Administration of Customs announced the national dog and cat pet food export data in April 2023, for dry and canned products.

Jebsen Group, a 128-year-old family-owned marketing, distribution, and investment conglomerate announced the acquisition of ADP Group, a leading pet food and supplies retailer active in Hong Kong and Mainland China.

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.

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 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, 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 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.

The global pet milk replacer market is expected to grow at a steady rate of 7.9% during the forecast period 2023-2033, reaching a size of US$ 480 million by 2033. In Asia, Japan is a significant player in the pet milk replacer market, with a CAGR of 6.4% during the forecast period.

Pet-sitting services in China are thriving as COVID restrictions ease and families reunite for the Lunar New Year holiday. Rising pet ownership and a growing middle class drive demand for luxurious pet-sitting facilities.

Dog food contaminated with foreign objects has been found scattered in a park near Tokyo, causing police to issue a warning to pet owners and locals. A local couple's dog suffered a seizure after reportedly eating the food, which has been found to contain objects of unknown nature.

The pet care market in China is rapidly gaining ground on the United States, the current largest market in the world. According to a white paper by iResearch, the industry in China is on track to surpass $60 billion in 2023, despite temporary setbacks caused by the COVID-19 pandemic.

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 in the pet healthcare industry in 2023.