Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

Hong kong Food products / Thematic (Sector/Industry)

<ul class=""><li>In 2017, pet products registered 7% current value growth to reach HKD67 million.</li><li>Owners are paying more attention to speciality pet products, which contribute to pets’ general wellbeing.</li><li>Pet dietary supplements were the fastest growing category in 2017, with a 9% rise.</li><li>Nestlé Hong Kong Ltd led sales of pet products in 2017, with a value share of 7%.</li><li>Pet products to record a 4% CAGR at constant 2018 prices over the forecast period to reach HKD86 million in 2023.</li></ul>

In 2017, pet products registered 7% current value growth to reach HKD67 million.Owners are paying more attention to speciality pet products, which contribute to pets’ general wellbeing.Pet dietary supplements were the fastest growing category in 2017, with a 9% rise.Nestlé Hong Kong Ltd led sales of pet products in 2017, with a value share of 7%.Pet products to record a 4% CAGR at constant 2018 prices over the forecast period to reach HKD86 million in 2023.

Sector Capsule: Pet Products in Hong Kong, China