Hong Kong: Hong Kong Pet Food Market
Hong Kong is the world’s eleventh-largest market for imported pet food, and also the hub for pet food trade in the region. The United States is the market leader with nearly 50 percent market share in the Hong Kong pet food market, which is expected to grow in 2020. For the first six months of 2020, Hong Kong imports of dog and cat food reached nearly $80 million, an increase of almost 23 percent over the same period in 2019. The sales of pet food are also expected to grow and reach $264 million by 2025.