China Pet Food Market

China Pet Food Market Overview

Pet food is a dietary nutrient mainly derived from plant and animal sources and is widely consumed by pets for overall growth and development of pet life. Pet food provides various essential nutrients such as calcium, vitamins, iron, protein, iron, phosphorus, and other essential nutrients to fulfill the nutritional need of a pet. Pet food such as dry food, wet food, and others helps in combating skin allergies and infections to support the pet’s life. Also, pet food is a rice source that improves the quality of life, promotes healthy skin, and increases the immune system. Dry food type ensures good oral care in dogs and low moisture content that helps maintain the overall health of the pet. Moreover, dry food is more affordable and provides nutrients such as vitamins, proteins, and carbohydrates. Wet food type is mainly preferred when the pet is ill or lacking in appetite.

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Major China Pet Food Market Drivers

The key factors supporting the growth of the china pet food market include the increasing pet population, rising pet adoption rates, fast urbanization, and increasing income of the middle-class population. Growing demand for nutritious and high-quality food for pets, coupled with the increasing awareness for animal wellbeing among pet owners, will boost the growth of the china pet food market. Moreover, the rising trend of humanization of pets and growing ownership for pets across China will increase the demand for pet food in the market. The increasing spending power of nuclear families, along with the growing focus on improving overall health and productivity, will further enhance the market growth during the forecast period. Increasing disposable income of consumers and growing demand for natural and organic pet food products will propel the growth of the market. In addition to this, the inclination of consumers towards maintaining an adequate diet for pet health will further contribute to the growth of the China pet food market. However, stringent regulations for the production and importation of pet food may hinder the china pet food market in the upcoming years.

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Based on the product, the dry food segment is anticipated to witness a higher CAGR in china pet food market as it is considered as the most convenient food type by pet owners due to the increasing disposable income and rising number of pet owners in China. In addition, dry food offers exceptional properties, including low moisture content and cost-effective as compared to wet food, which will further drive the demand of the segment.

Based on the application, the dog segment is projected to grow a faster CAGR over the forecast period owing to the rising adoption rate of dogs and increasing concerns regarding pet health among consumers. In addition, the growing aged population and the increasing number of nuclear families are inspiring the people to adopt pets, especially dogs, which in turn, will further increase the demand for pet food across China. The increasing demand for premium dog food products will further boost the dog segment during the forecast period.

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Top Market Players

Various notable players operating in the market include Nestlé Purina, Mars Incorporated, Bridge PetCare, Yantai China Pet Foods Co., Ltd., Huaxing Pet Food Co., LTD, Royal Canin China Co. Ltd, Chengdu Care Pet Food Co. Ltd, Ronsy Pet Food Co. Ltd, Sanpo Pet Food Co Ltd, among others.

Key Developments: 

• • In 2019, Mars Incorporated signed an agreement to establish a new pet food plant in Tianjin. The company aims to produce high end and diverse pet food products for Chinese consumers.
  • In 2020, Nestlé Purina planned to expand its capacity of existing pet food plant in Tianjin. Through this expansion, the company is planning to enhance its portfolio with premium products including Veterinary Diet and Wet Cat Food.

Segments covered in the Report:

The Pet Food market in China has been segmented on the basis of Product, Application and key regions. Based on Product, the market is segmented into Dry Food, Wet/Canned Food, Nutritious Food, Snacks/Treats, Others. Based on Application, the market is segmented into Dog, Cat and Others.

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Key questions answered in this research report:

• • At what pace is Pet Food market in China growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Pet Food market? What will be the impact of drivers and restraints in the future?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What are the various Application areas of Pet Food market in China and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

China Pet Food Market by Product

• • Dry Food
  • Wet/Canned Food
  • Nutritious Food
  • Snacks/Treats
  • Others

China Pet Food Market by Application

• • Dog
  • Cat
  • Others

Major Players Operating the Pet Food (Option: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Nestlé Purina
  • Mars Incorporated
  • Bridge PetCare
  • Yantai China Pet Foods Co., Ltd.
  • Huaxing Pet Food Co., LTD
  • Royal Canin China Co. Ltd
  • Chengdu Care Pet Food Co. Ltd
  • Ronsy Pet Food Co. Ltd
  • Sanpo Pet Food Co Ltd