The pet market rose to 46.3 billion people In 2022

 

The pet market in China is experiencing tremendous changes. The demographic transition in the middle class, rapid urbanization, population aging and late marriage and late childbirth are the main reasons for the pet boom.

According to Euromonitor, Chinese consumers will spend about 17.5 billion yuan on pet products this year, rising to 46.3 billion yuan in 2022 from 20%. Meanwhile, U.S. sales of the pet industry this year are about 44.4 billion U.S. dollars, but the annual growth rate is only 2%.

The rapid rise of China's pet market is not only good news for pet food giants such as Mars Inc and Nestle SA, but also for the fast-growing Chinese pet food and supplies company - full expansion of entrepreneurs And enrich the market, build dog salon, Pet Supplies Coupons hotel and other services and facilities.

Recently, China New Hope Group led a consortium consisting of Hosen Capital and Singapore's state-owned fund Temasek to acquire Real Pet Food Co, a Australian pet food producer, for $ 1 billion to introduce the latter's brand to the Chinese market . Liu Yonghao, chairman of the board of New Hope Group, recently said in Beijing that there is great potential for growth in the Chinese market, especially the relationship between young people and pets. "Pets have become a part of their family (young people) and are more willing to spend a lot of money on pets." Zhang Tianli, a founding partner at Fosun Investment, pointed out: Chinese society is aging, the birth rate is declining, pets are given Empty nesters and young people with a spiritual sustenance.

A 26-year-old pet owner in China said he spends 2,000 yuan a month on his two pet dogs, mainly buying food. Although the cost is not low, but every time you go home will feel worth it. "Without dogs, it's all empty when you get home, and now they're happy to fly in."

The prosperity of the pet market is also conducive to promoting imports and improving the local economy. Shanghai Bi Ruiji, Sensen Group, Shanghai Nvw and other Chinese pet products companies have begun to challenge the global industry giants. Since its listing on the Shenzhen Stock Exchange in August this year, the share price of Yantai Zhongpin Food Co., Ltd. has increased by nearly 60%.

Thomas Kwan, chief investment officer at Harvest Global, a Hong Kong-based fund management company, pointed out that China's pet market is one of his personal priorities in 2018 given the consumer spending escalation. He also pointed out that pet owners are now most concerned about the question is: whether to buy healthy pet food? Can pets provide a quality lifestyle?

Small petty startups such as PetSpare, Pekingese, which operates a boutique pet hotel, have been set up one after another. The company's pet hotel is equipped with facilities such as a Coupons swimming pool, pet-sized bedrooms and a photo studio, charging up to several hundred dollars a night . The platform's marketing manager, Dynasty, said: "There was once a dog who stayed at our hotel for 47 nights and spent a total of 17,000 yuan."

November 24 this year, "Gorgeous" hosted the "InnoBrand 2017 gorgeous brand innovation contest" Finals held in Yiou to Shanghai Shopping Village, targeting the pet market spending upgrade, specializing in the design of both beauty and functionality of pet supplies pidan Win the championship. Launched in 2016, the brand's first star product, the Snow House Litter Sands, is a hit on the web thanks to its outstanding looks and great word-of-mouth. In July of the same year, the Snow House litter box became the first cat product to receive the German Red Dot Award.

Despite the rapid growth, China's pet breeding industry is still in its infancy. After the founding of China, it was forbidden to keep pets at all and Guangxi Yulin was PetCareSupplies Coupons still holding a festival of dog meat. There are still many cases of abuse of pets, there are many pet owners lack the appropriate awareness of vaccination and sterilization of pets, strict pet food import regulations also breed prosperous gray market trade.

Source: https://dacozcoupons.livejournal.com/3278.html

No Hairy? Also a cat!

Canada hairless cat, also known as Sphinx cat, this cat in addition to ear, mouth, nose, tail anterior, some other parts of the foot and some thin and soft fleece, the other body parts are hairless, wrinkled skin, there are elasticity. Canadian hairless cat gentle, smart and cute, expressive, delicate feelings, loyal to the owner. Because hairless, poor ability to regulate the outside world, both afraid of cold, but also afraid of heat, cats with different is that the species can sweat, sensitive to sunlight (should avoid prolonged direct sunlight), this cat is suitable for housing . Female cat no more than twice a year of estrus, young cats high mortality rate, newborn kittens skin wrinkled, ridge hair on the hair disappear with age. The owner should always care for the cat's ear to prevent irritation or ear mites.

The origin of the Canadian hairless cat is still not fully understood. Some people think it is produced in South America because indigenous people in Mexico used to have such hairless cats. In fact, Sphinx hairless cats are rare species of hairless genetic mutations in the genetic breeding of domestic cats in the Americas or Europe. It is said that in 1966, a Canadian discovered a hairless cat among the descendants of ordinary cats and immediately began breeding work, but hairless Sphinx cats and Sphinx cats were mated without hairless offspring After an experienced breeder hybridized with Sphinx cats and shorthair cats, a handful of hairless offspring were born. Due to the difficulty of breeding work, the number of sphynxed cats so far is very small. They are a bit like the famous sphinx "Sphinx Sphinx" in ancient Egyptian mythology, so people named it Sphinx cat.

Canadian hairless cat 3.5 to 7 kg body weight, muscular, sparse hair, wrinkled skin antelope skin. Head angular, slightly triangular. Large lemon-shaped eyes, the majority was golden, diagonal ears on the corner, wide spacing. This is a very sensitive to the sun's cat.

The Canadian hairless cat is not only known for its curvy and glabrous appearance, but also for its warm-natured, humble, delicate, smug face and its large, expressive eyes.

Sphinx cats will be your best friend if you are a cat lover but allergic to cat hair.