What is the development prospect of pet products industry?

According to the Report on Special Investigation and Investment Strategy of China Pet Products Market in 20 17-2023 released by Zhiyan Consulting, the global pet products market scale in 2010/year is 1002 billion yuan. In 20 16, the global pet products market grew to169.7 billion yuan.

First, look at the global market

At present, North America is the largest market of the pet industry, accounting for 37% of the global pet economic output value. At the same time, with the improvement of the economic level of Asian countries, the number of pets has increased and the pet economy has grown rapidly. At present, the proportion of Asia's pet economic output value in the global total is basically the same as that of Europe, both of which are around 23%. It is predicted that in recent years, the output value of the pet economy in the Asian market will surpass that in Europe and become the second largest market in the global pet economy.

Second, the domestic consumer market.

1. China's pet consumption is mainly concentrated in Beijing, Shanghai and Guangzhou, where the economy is developed, people's consumption concept is advanced and their life is fast. People in the corresponding areas of Beishangguang are under increasing work pressure. One third of white-collar workers work overtime for more than five hours a week, so it is difficult to have enough time and energy to have children and take care of them. Keeping pets has become an alternative choice for them. They are more likely to cultivate feelings with pets and are more willing to spend on them.

2. The families with pets in China have reached a certain scale, mainly dogs and cats. According to the report of Prospective Industry Research Institute, as of 20 15, the number of pet dogs in China reached 27.4 million, ranking third in the world, only after 55.3 million in the United States and 35.7 million in Brazil. The number of pet cats in China ranks second in the world, with 5,865,438+million, and the United States ranks first with 80.6 million.

3. With the rapid development of the global pet industry, the downstream pet products industry will also bring greater growth. In the future, the growth rate of the global pet products market will remain at around 10%. It is estimated that by 2023, the global pet products market will reach 297.9 billion yuan.

Third, the prospect of pet products industry

As the head of the pet industry, pet products have immeasurable development potential in the future. With the development of living standards and the improvement of material life, the demand for pets will continue to rise in the next five years, which has laid a good foundation for the huge pet economy. In addition, clean products are the second competitive market, which is showing a sustained and stable upward trend. Pets are human partners, and now they have become a spiritual sustenance, so the pet products industry has a very broad prospect.