Volume sales of dog food in Hong Kong are projected to continue their downward reject rain over the forecast period, primarily driven by the ongoing decline in the dog population. This will be closely linked to several economic factors that influence consumer behaviour, particularly the high cost of living and prevailing economic uncertainty.
E-commerce is expected to gain further prominence over the forecast period. The ongoing high cost of living and economic uncertainty have significantly influenced consumer behaviour, leading shoppers to become more cautious about their purchases.
In response to the ongoing high cost of living and economic uncertainty, a variety of new products and marketing strategies are likely to emerge. Brands may introduce more affordable premium lines that offer high-quality ingredients and nutritional benefits while also appealing to price-conscious pet owners.
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Understand the latest market trends and future growth opportunities for the Dog Food industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Dog Food
This report originates from Passport, our Dog Food research and analysis database.
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