The China pet food market size is projected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increased focus on pet health, nutrition, weight, and overall wellness.
Functional pet foods are signified to provide high nutritional food for wellness of the pet. Smaller pets are ideal companions to the lifestyle of a busy consumer. These foods are prepared form of food with added minerals, carbohydrates, proteins, and fats. Packaged nutritional food is predominately adopted by pet parents to provide sufficient nutrients to their pets. They improve the health of pets with required of nourishment & minerals.
The COVID-19 pandemic had a negative impact on the global pet food market due to supply chain disruptions. The growth of consumers spending on pet health and grooming decreased during the period.
The report on the China pet food market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
China Pet Food Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Product Types (Dry Pet Foods, Wet Pet Foods, Treats & Snacks, and Others), Animal Types (Dogs, Cats, Birds and Others), and Distribution Channels (Specialized Pet Shops, Internet Sets, Supermarkets/Hypermarkets, and Others) |
Country Scope |
China |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Mars Incorporated; Nestle Purina Pet Food; Bridge PetCare; Yantai China Pet Food Co. Ltd; Huaxing Pet Food Co. Ltd; and Chengdu Care Pet Food Co. Ltd. |
On the basis of product types, the market is divided dry pet foods, wet pet foods, treats & snacks, and others. The dry pet foods segment is expected to hold a key share of the market in the coming years, as it supports oral health by reducing plaque and tartar buildup and no refrigeration is required. However, the wet pet foods segment is anticipated to expand at a rapid pace during the forecast period due to higher moisture content, which can help the pet to stay hydrated and avoid urinary tract problems.
Based on animal types, the market is segmented into dogs, cats, and others. The dogs segment is projected to constitute a major market share during the forecast period due to increased adoption of dogs to prevent social isolation. On the other hand, the cats segment is anticipated to expand at a rapid pace during the forecast period owing to decreased risk of stroke, lowers the risk of cancer, and reduces cat overpopulation & homelessness in the locality.
In terms of distribution channels, the market is segregated into specialized pet shops, Internet sets, supermarkets/hypermarkets, and others. The Internet sets segment is expected to hold a key share of the market in the coming years owing to rising online shopping trends among the population across the globe. Moreover, the availability of pet food on e-commerce platforms has resulted in convenience to buy goods without any physical constraints to the consumers. On the other hand, the supermarkets/hypermarkets segment is anticipated to expand at a rapid pace during the forecast period owing to the access to a wide range of products from well-known brands under one roof, ease of product selection, and discounts and attractive deals.
Segments Covered in the Report
The China pet food market has been segmented on the basis of
Product Types
Animal Types
Distribution Channels
Country
Key Players
Key players competing in the China pet food market includes Mars Incorporated; Nestle Purina Pet Food; Bridge PetCare; Yantai China Pet Food Co. Ltd; Huaxing Pet Food Co. Ltd; and Chengdu Care Pet Food Co. Ltd.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Segments Covered in the Report
The China pet food market has been segmented on the basis of
Product Types
Animal Types
Distribution Channels
Country
Key Players
Key players competing in the China pet food market includes Mars Incorporated; Nestle Purina Pet Food; Bridge PetCare; Yantai China Pet Food Co. Ltd; Huaxing Pet Food Co. Ltd; and Chengdu Care Pet Food Co. Ltd.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Some other reports from this category!