Thailand exported 40.5 billion baht of pet food in the first September, an increase of 34%, and the Chinese market has huge potential

According to Thailand’s China Daily reported on October 18, the data disclosed by the Thai Animal Husbandry Department showed that the total value of Thai pet food exports in the first three quarters of 2021 was 40.
533 billion baht, an increase of 34%.
It is expected to be approximately 48 billion baht for the whole year.
Became the third largest pet food exporter in the world outside of Germany and the United States
.
Among pet foods, canned pet food and pet food with the largest export volume accounted for 55% and 41% respectively
.
The main trade markets are the United States 20%, Malaysia 15%, and Indonesia 11%
.
The European Union, Japan and China are potential markets
.
There is an increasing demand for pets from urban households.
According to iResearch, the pet food market in China will reach RMB 170 billion by 2023
.
The post-85s and post-90s will be the main force in pet raising, and households with a monthly income of 15,000 yuan will account for 72% of pet raising families
.
It is reported that China, as one of the most potential target markets, will reach 206.
5 billion yuan in the pet market in 2020, which has nearly quadrupled in just five years
.
The scale of China's pet market is expected to reach RMB 228.
9 billion this year
.
Thailand’s pet market exports are not only limited to food, but should also develop products such as supplies, medical care, beauty and even smart technology
.
Livestock pet food exported to Germany and the United States 　　Among pet foods, canned pet food and pet food with the largest export volume accounted for 55% and 41% respectively
.
The main trade markets are the United States 20%, Malaysia 15%, and Indonesia 11%
.
The European Union, Japan and China are potential markets
.
There is an increasing demand for pets from urban households.
According to iResearch, the pet food market in China will reach RMB 170 billion by 2023
.
The post-85s and post-90s will be the main force in pet raising, and households with a monthly income of 15,000 yuan will account for 72% of pet raising families
.
China 　　It is reported that China, as one of the most potential target markets, will reach 206.
5 billion yuan in the pet market in 2020, which has nearly quadrupled in just five years
.
The scale of China's pet market is expected to reach RMB 228.
9 billion this year
.
Thailand’s pet market exports are not only limited to food, but should also develop products such as supplies, medical care, beauty and even smart technology
.