WebApr 2, 2024 · Pet Industry White Paper by Pet Fair Asia and Doumin.com published in 2024 reported that almost one in five pet owners surveyed said they had bought a pet … WebOct 30, 2024 · According to the Chinese Pet Industry White Paper, the number of pet dogs and cats in China reached 99.19 million in 2024, with the scale of the consumption market reaching 202.3 billion yuan. Meanwhile, the high consumption group — those who spend more than 500 yuan per month on pet food — accounted for 23.9 percent of all …

The Power of Pets - CKGSB

WebMay 1, 2024 · The Chinese Pet Industry White Paper said that dog and cat owners spent a staggering 202 billion yuan (29 billion U.S. dollars) in 2024, an increase of 18.5 percent from the previous year. The compound growth rate of China’s pet industry was 49.1 percent from 2010 to 2016, the fastest among all industries, according to media reports … dragon city 3991179

China

WebThere are about 100 million pets in China, and in 2024, spending on domestic pets reached 202.4 billion yuan ($29.5 billion), a year-on-year increase of 18.5 percent, according to the 2024 Chinese Pet Industry White Paper Consumer Report. With challenges in identifying pets and difficulties with claims settlements, pet insurance has seen little ... WebAccording to China's pet food industry, the number of dogs and cats kept by urban residents reached 100.84 million in 2024. As China's urban resident population was 850 million, one out of every ten people owns a cat or dog. A little more than half are dogs (52%, 52.2 million), and little less than half are cats (48%, 48.6 million). WebJan 23, 2024 · In 2024, China’s pet industry totaled nearly 250 billion yuan annually (about 36.8 billion U.S. dollars), drawing numerous domestic and foreign enterprises to enter … emily\\u0027s market