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What's the latest news in the pet industry recently? Let's have a look.

February 25, 2023

What's the latest news in the pet industry recently? Let's have a look.


           

Sony rolled out electronic pet dog

Sony recently launched the strawberry milk version of the electronic pet dog aibo in the United States, priced at 2899.99$ (currently about 19865 yuan). This electronic pet dog has various sensors and actuators, and its movements are very realistic.

           

Tianyuan Pet plans to produce independently in Europe

Tianyuan Pet said that its overseas subsidiary Cambodia Tianyuan already has an annual production capacity of 150,000 sets of cat climbing frames, and will increase the production capacity of pet litter mats in the future. At the same time, the company also plans to carry out independent production in Europe.

           

U.S. pet market cools on inflatio

According to the analysis of NielsenIQ data by Jefferies Group, as of February 2023, the purchase of pet toys in the US pet market has decreased by 16% year-on-year, and the sales of pet houses have decreased by 21%.

           

AskVet Launches First ChatGPT-Based Pet Health Answer Engine

AskVet, a leading digital platform for virtual pet health and wellness care, has previously been using AI, NLP to create personalized and relevant answers to pet parents' questions. Now, AskVet's veterinary robot is taking it to the next level with ChatGPT's new ability to add "memory and context" to conversations.

Xiaomi to deepen pet tech products

Earlier in 2022, Xiaomi rolled out its smart pet food feeder across several markets in Asia and Europe, with plans to introduce it in other markets later in 2023. and it is also exploring and designing other smart devices targeted to pets.

           

Mars India will increase production from 2024

Mars Petcare announced in 2021 that it would invest ₹500 crores ($61.9M / €56.8M) in extending its existing Hyderabad manufacturing facility established in 2008. Construction on the new line should start in early 2024 and be completed within months. 

           

Water fountains are very useful to pet parents

Smart water fountains are the favorite pet tech device among pet parents. Water fountains are the preferred smart device choice for Americans (56%) and Canadians (49%), while the pet camera is the most useful to the British (42%). 

           

General Mills’ Blue Buffalo’s expansion in China

The pet food industry in Asia is growing rapidly and is attracting US and European pet food makers alike. General Mills is following suit as it sees a burgeoning potential in the world’s most populated country.

           

     

Thank you for reading!

TIZE is pet collar or other pet products manufacturer and supplier, if you want to start your business about pet industry, please feel free to contact us.

Phone: +86-0755-86069065/ +86-13691885206    Email: sales6@tize.com.cn  

Company Address: 3/F, #1, Tiankou Industrial Zone, BAO'AN District, Shenzhen, Guangdong, China, 518128




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