Chinese pet food giant invests in new Cambodia factory

The new Cambodia-based factory built by Yantai China Pet Foods is expected to be the largest pet food manufacturing facility in the country.

(Andrea Gantz)
(Andrea Gantz)

Chinese pet food giant Yantai China Pet Foods Co. Ltd. is investing in a new pet treats manufacturing company in Cambodia which will be called I Tao Pet Supplies (Cambodia) Co. Ltd.

The new plant will be located in Sihanouk, Cambodia and will manufacture Yantai's products including the “Wanpy” brand of treats.

I Tao's new 27,000-square-meter factory is expected to become the largest pet food manufacturing facility in the kingdom. Yantai China Pet Foods also said, “it is to rank fourth in the world in terms of production after factories in the United States, Canada and New Zealand.”

Yantai’s global reach

Established in 1998, Yantai China Pets now has 14 pet food and supplies processing plants in China, USA, Canada and New Zealand. The company also has 17 subsidiaries worldwide.

Wanpy and Zeal are among its 12 product brand series that are available in over 1,000 varieties from dry and wet pet food, pet snacks, dog biscuits and dental snacks. Their distribution and sales network spans more than 50 countries.

In October 2019, it entered into a strategic partnership with Alibaba on sales cooperation and brand building as it targets to reach sales of 1.75 billion yuan (US$252.19 million) via Alibaba's platforms by 2021.

China is the biggest source of both foreign direct investments to Cambodia, and is also a key trading partner of the kingdom. According to Cambodian government figures, the two-way trade volume was valued at US$6.6 billion in 2019 and is projected to hit US$10 billion by 2023.

Pet food from Cambodia

Cambodia is not a major pet food player in the global stage with pet food exports worth US$34.14 million in 2017, according to global business data provider Knoema.

Pet food is among the products Cambodia exports to the US, but it is not a top import item unlike apparel, leather, footwear and plastics. In 2018, the total U.S. goods imports from the kingdom totaled US$3.8 billion in 2018, according to the Office of the United States Trade Representative.

Page 1 of 548
Next Page