New Market Study Published: Pet Care in China
The economy in China has been robust in 2011 and 2012, with stable and healthy GDP growth leading to more spending on pets overall. The total pet population and share of prepared food for cats and dogs has risen over the review period, driving sales of pet food in both volume and value terms. Growth is also being driven by the rising need for companionship and growing health concerns among pet owners in China. With the ongoing premiumisation trend for...
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