Vietnam

Pet products saw a slight downturn in demand during 2020 and 2021, as some low- and mid-income consumers reduced their spending on non-essential items due to the economic impact of the pandemic on their disposable incomes. However, thanks to a…

While the COVID-19 pandemic is no longer a serious concern the slowdown seen in the local economy is a key issue in 2023. With average income decreasing, unemployment rising and with elevated inflation this is having a detrimental impact on…

Compared to dog and cat food, other pet food continues to see relatively modest growth in retail volume terms in 2023. While the category continues to grow, it is seeing slower growth than was seen pre-COVID-19. This is largely because the disposable…

Although still a relative niche in the market, dog treats and mixers looks set to remain the most dynamic category in dog food in 2023 in current value terms. While there has been a steady shift from non-prepared to prepared dog food there has also…

The price of cat food is set to continue increasing in 2023 having already risen sharply in 2022. Manufacturers have seen an increase in the cost of production, while transportation costs have also increased. These increased costs are linked to…