Advertisement

Pet Food News
On July 9, 2013

ResearchMoz offers report on China's petfood market competition

Report says Chinese market scale increasing by more than 15 percent annually

ResearchMoz now offers a report on China's petfood market competition, available for purchase online.

The report provides an explanation of how petfood maker Mars entered the Chinese petfood market in 1993 with its Pedigree dog food and Whiskas cat food brands. In March 2001, Chengdu Care-Pet Food Co. Ltd., a subsidiary of Tongwei Group, was established; the production of its first bag of petfood signified that China's local petfood brand entered into the petfood industry. Since then, the report says China's petfood industry has grown and completed upgrading for larger-scale production.

The report says sales revenue in the Chinese petfood market has exceeded 1.5 billion Yuan (US$244.7 million), and market scale is increasing by more than 15 percent on average each year, which is far above the global average growth rate of 4 percent.

Comments powered by Disqus

Advertisement

Petfood Forum China

Advertisement

Advertisement

Read the June issue of Petfood Industry!

June 2015

The June 2015 issue of Petfood Industry profiles the family owned company, CANIDAE, and how it has succeeded in carving a niche in the pet specialty market. The company believes educating retailers about its products and focusing on consumers' needs are keys to maintaining their spot in the market. Plus, learn how pet food manufacturers can use their product’s packaging as a way of branding to attract customers and why companies are eyeing Poland for market expansion opportunities.

READ MORE in Petfood Industry magazine

Advertisement