The export of dog and cat food from China has shown a general upward trend from 2013 to 2023. In 2023, the volume stood at 176.06 million kilograms, marking a 3.25% increase from the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) was 2.86%. From 2024 onwards, forecasts indicate continued growth with a CAGR of 2.39%, reaching 204.99 million kilograms by 2028, culminating in a 12.55% growth over the forecast period.
Future trends to watch for include:
- Potential impacts of global supply chain disruptions and economic shifts.
- Changes in global demand driven by pet ownership trends.
- Regulatory changes that might affect export practices or market access.
- Technological advancements in pet food production and logistics.
- Sustainability practices influencing consumer preferences and thereby export volumes.