BEIJING - A Goldman Sachs report said that for the first time in 2024, the number of pets in China had surpassed the number of children under the age of four. It further projects that by 2030, the ...

As demographic and cultural trends continue to shift, China's pet market shows huge potential for growth, offering a treasure trove of opportunities for investors. In this article, we look at the ...

A Beijing-based white collar worker surnamed Wang also believes that while she could live simply and try ... patterns in Chinese cities. "China's pet market, valued at hundreds of billions of ...

A Goldman Sachs report said that for the first time in 2024, the number of pets in China had surpassed the number of children under the age of four. It further projects that by 2030, the former ...

BEIJING – A recent Goldman Sachs report said that for the first time in 2024, the number of pets in China had surpassed the number of children under the age of four. It further projects that by ...

In 2022, China's pet market reached a revenue of around 493.6 billion yuan ($67.8 billion) and it is expected to double this year, according to a report by research group Daxue Consulting.

The rise in pet ownership, the bank said, could help push China's pet food market to $12 billion by 2030 ... and seniors whose children don't live with them. "In general, I think China's going ...