Pet Supplies Consumption - One of the fastest growing field in China

Date: 2016-02-06 View: 20 Compiler:

As released data from National Bureau of Statistics, Total Retail Sales of Consumer Goods is in 2015 was 

more than USD 4.5 trillion, ranked as the second largest retail consumer country in the world, right 

after USA. Pet consumption, with the biggest gain, reached to RMB 5.68 billion, with 260.2% year-on-year growth. 

Chinese pet market includes retail and pet service. In 2014, the market value was USD 16.1 billion, 

includes online and offline consumption. CARG is 59.5% within 10 years. Online sales takes a huge amount of market share.

Market scale of pet food reached to USD 4.5 billion in 2015 and maintain the speed of 25%. 

The annual pet supplies consumption in China:

11% family - over USD1500

29% family - USD750 - USD1500

China is one of the most fastest growing and vibrant area of pet industry.




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