Pets fuel market for premium pet food in Taiwan
As pet ownership in Taiwan continues to grow, new markets and opportunities are emerging for the global pet food industry.
Pets are symbols of affluence in Taiwan. In this island nation of 24 million people, almost every household owns one pet on average, which, based on government data, collectively fuels an NT$20 billion (US$649 million) annual production value in pet-related products and services.
Taiwan’s pet ownership trends