The Charoen Pokphand Group has forecast a 30-40% growth in its petfood sales in Thailand in 2009 to THB 2280 million (US$65 million), according to a news post on www.Asian-Agribiz.com .
Phongthep Chiaravanont, chairman of the group's petfood business , said the group expects to achieve such high growth because it serves all market segments from premium to low end within this sector.