Opportunities for European pet food in the Chinese market

Opportunities for European pet food in the Chinese market

. China has become one of the most important pet markets in the world, having about 290 million petsĀ in 2013 (number of European pets: ca. 270 million). Hand in hand with the rise in ownership rates (+35% since 2000), the expenditures for pet supply have risen: In 2013 the Chinese spent about 7.84 billion RMB and forecasts indicate that China will ...