Virtual Trade Mission to China and Hong Kong for Pet Food and Pet Food Ingredients
Jumpstart Your Pet Food Export Sales
The pet food market in China is one of the fastest-growing markets in the world. The demand for quality, innovative, and safe products has driven imports, especially from the U.S., of dog and cat food products. The U.S. is considered by many pet owners to be a trusted supplier of pet food, and this is well reflected through the history of imports from China.
The rapid development and the increase in disposable income in China has also fueled the demand for imported foods and allowed Chinese consumers to purchase imported food products of higher value. This is particularly noticeable when it comes to spending
As of 2019, the number of pet owners in China reached 74 million, of which they own over 90 million pets, but this only represents around 25% of China’s total households, far below the 67% pet ownership in the U.S. This growing demographic and room
for more growth presents a significant opportunity for the pet food industry.
U.S. Pet Food Product Imports to China By the Numbers
Total of U.S. imports of pet food products to China - $10.9 million (2019)
Total of U.S. imports of pet food products to China - $32.6 million (2020)
Total of U.S. imports of pet food products to China - $46.6 million (first 9 months of 2021)
Hong Kong is one of the most densely populated cities in the world, with over 7.48 million residents, and around 10% of households keeping pets in 2019. The pet population in 2019 reached 1.1 million and has risen even higher since the COVID-19 pandemic began as people sought animal companions.
Hong Kong is the world's 11th largest market for imported pet food, as well as a hub for pet food trade in the Asia Pacific region. It has a wealthy pet population, high numbers of pet ownerships, and limited land, all of which have resulted in the market heavily relying on imports of pet food. As there are no pet food manufacturers in Hong Kong, the market relies on sourcing from the U.S., EU, Thailand, Canada, and others.
U.S. Pet Food Imports to Hong Kong By the Numbers
Total imports of pet food to Hong Kong - $167.2 million (2020)
Total imports of U.S. pet food to Hong Kong - $80 million (2020)
Estimated sales revenue of pet food segment in Hong Kong by 2025 - $264 million
Our educational webinars provide up-to-date exporter intelligence regarding specific markets, logistics, trade financing, documentation, how to meet and follow-up with international buyers, and much more.
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