Over the past 30 years, China has become the world's second-largest manufacturer of animal feed and pet food. In the five years to 2015, industry revenue is expected to grow 15.0% per year on average to reach $194.03 billion. Due to China's economic development, it has become a symbol of financial success to keep pets, particularly cats and dogs, thereby increasing domestic demand for pet food. The growing population, which leads to huge demand for livestock and poultry, has been another strong driver for the industry over the past five years.
Businesses in the Animal Food Manufacturing industry in China manufacture pet food as well as feed for livestock and poultry raised on farms. The manufacturing of aquaculture and seafood feed is not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.