Hong Kong: Pet Owners Sniff Around for Premium Foods

  |   Attaché Report (GAIN)   |   HK2022-0034

Link to report:

Hong Kong: Pet Owners Sniff Around for Premium Foods

In 2021, Hong Kong was the thirteenth largest market for U.S. pet food exports and a hub for pet food trade to the region. Hong Kong pet owners welcome U.S. pet food for its safety and quality. Despite lower exports in 2021, the United States is still the lead supplier, holding a 29 percent share of the Hong Kong pet food market. This share is expected to continue recovering in 2022 as the local economy is expected to recover in the second half of the year as the pandemic situation improves. While Hong Kong’s global pet food imports slowed in 2021, the value of retained (not re-exported) pet food imports grew, signaling good market potential for U.S. exporters. Steady growth of the pet population will also encourage domestic pet food sales which are expected to reach $844 million by 2026.

Exporting
East Asia and the Pacific, Hong Kong

Database Source:

Related Reports

View More
Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Guatemala: Coffee Annual

Guatemala’s coffee production areas remain stable, with gradual increases in output as ongoing renovation efforts begin to show results.