East Asia: Page 10

Market Trends and Reports

Petfood Forum Asia: innovation for rising pet food markets

Asian pet food markets are among the fastest growing globally. During Petfood Forum Asia, professionals can learn the latest tips to build on this growth.

Petfood Forum Asia will take place March 28 at the Bangkok International Trade & Exhibition Center in conjunction with Victam Asia. | Courtesy BITEC

Pet Food Market

South Korean pet food brands fighting foreign competition

Income growth and popularity in pet ownership, especially dogs, have increased demand for pet food in South Korea, where foreign pet food brands are dominating the market.

(Karakoram | Dreamstime)

INFOGRAPHIC: Most of world owns pets; Dogs are tops

Globally, 57% of consumers own pets, according to more than 27,000 online consumers whom GfK surveyed in 22 countries. Dogs are the most popular pet globally, owned by 33% of respondents.

Pet Food Market

FIAAP/VICTAM/GRAPAS Asia sees record attendance

There were 223 exhibitors and co-exhibitors from 28 countries at FIAAP, VICTAM & GRAPAS Asia, held recently in Bangkok, Thailand. The show was sold out and 11% larger than the 2014 show.

Pet Food Market

World Pet Association to host World Pet Expo 2014 in China

The World Pet Association (WPA) will host the World Pet Expo 2014 (WPE'14) at the Xiamen International Conference and Exhibition Center in Xiamen, China. The event will be held April 29-May 1, according to organizers.

New research report on global petfood market to 2017 available

A new petfood market research report is available for companies that want to gain a comprehensive perspective on the global dog and cat food market. The report, Global Market for Dog and Cat Food to 2017 - Market Size, Growth and Forecasts in Over 70 Countries, can be purchased from MarketReportsOnline.com.

Biomin to open second premix facility in Vietnam

Animal health and nutrition company Biomin recently completed a new premix facility in Binh Duong, Vietnam. This second facility in Vietnam for Biomin is set to open on October 2.

Market Report: Pet Care Packaging Market in Hong Kong to 2017 now available

MarketResearchReports.biz offers a new market report, Pet Care Packaging Market in Hong Kong to 2017. This data-only report provides detailed time-series consumption data on primary and outer packaging in the pet care market.

Chinese pet owners import American-made petfood for safety

Amid calls by American pet owners for the US Food and Drug Administration to recall chicken jerky treats from China, Chinese pet owners are importing "made in America" petfood in an effort to prevent their own pets from becoming sick by eating petfoods made in China. A number of US petfood companies currently export petfood to Hong Kong, according to a recent article, which says that petfood manufacturers Innova, Solid Gold, Pinnacle, Canidae/Felidae, Nature’s Variety, Oma’s Pride, Wellness, Castor & Pollux Pet Works, Holistic Select and Best Breed all export to distributors in Hong Kong.

New Zealand raw dog food manufacturer seeks investors

New Zealand raw dog food manufacturer K9 Natural is seeking to raise US$2.5 million from new investors. The Christchurch-based company says it has grown from a small business with US$650,000 in sales to US$5 million turnover and to 22 employees in the past three years through an export focus to main overseas markets in the United States, Canada, Japan and Hong Kong.

Pricing strategies differ in developed Asian petfood markets

Pricing strategies vary among market leaders in the petfood segments of South Korea, Taiwan and Thailand, according to a Euromonitor report. In South Korea, the premium dry dog food segment is highly competitive, with four main companies dominating the market share.

Pet Food Processing

Nestlé to invest in Thailand

Nestlé has announced building a Purina feed mill in Thailand worth THB950 million (US$27.88 million), set to produce dry petfood for the local market and export to countries including South Korea, Taiwan and Hong Kong.

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