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China Pet Care Market Trade Analysis and Statistical Forecast (2024-2031) | China Pet Food Co. Ltd, Royal Canin China Co. Ltd
China Pet Care Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global China Pet Care market from 2024 to 2031, and what is the market value expected to change by 2031?
The China Pet Care Market size reached USD 10.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 16.9 billion by 2031. The China pet care market is expected to exhibit a CAGR of 6.6% during the forecast period 2024-2031
What is China Pet Care Market?
Pet Care refers to the practices, products, and services designed to maintain the health, well-being, and happiness of domesticated animals. This encompasses a wide range of activities, including feeding, grooming, training, veterinary care, and providing safe living environments. Pet care also includes the purchase of pet supplies such as food, toys, and bedding, as well as services like boarding, daycare, and pet sitting. The goal of pet care is to ensure that pets receive the necessary attention and care to lead healthy and fulfilling lives.
Growing Trend of Pet Humanization Driving Market Demand
The rising trend of pet humanization is a significant factor contributing to market growth during the forecast period. In China, pets are increasingly viewed as family members, which has led to a focus on enhancing their well-being and happiness. Pet owners are willing to invest more in high-quality products, premium pet food, and advanced veterinary care, seeking services that improve their pets' overall quality of life.
Key Players:
Profiles of some of the major players in the global China Pet Care market, which include:
Mars Petcare, Nestle Purina Pet Food, Hill's Pet Nutrition, Bridge Pet Care, Yantai China Pet Food Co. Ltd, Royal Canin China Co. Ltd, Huaxing Pet Food Co. Ltd, Chengdu Care Pet Food Co. Ltd, JD.com, Inc., and Alibaba Group Holding Ltd.
Industry Development:
In May 2023, Zoomark, a pet food and pet care tradeshow, will launch Zoomark China, a new event in Guangzhou, designed to bring together pet retailers, distributors, importers and exporters, online platforms and others in the industry. The event will be held at the Poly World Trade Expo Center (PWTC Expo) from Nov. 23 to 24.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global China Pet Care market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Product Type: Pet Food, Oral Care Products, Grooming Products, Day Care Products, Others
By Animal Type: Dogs, Cats, Birds, Others
By Distribution Channel: Specialty Pet Shops, Super Markets, Online Sales, Others
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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