宿迁宿豫：宠物经济提档升级，构建产业发展新格局

Core Insights - The pet economy is evolving from a hobby to a responsibility, becoming a new growth point for urban economic development and enhancing public well-being [1] - The pet industry in Suqian's Suyu District is rapidly developing, covering a complete industrial chain including food, supplies, services, and medical care, thus driving domestic demand and industrial innovation [1] Group 1: Company Developments - Jiangsu Yihe Pet Supplies Co., Ltd. aims for an annual revenue of 750 million yuan by 2025, with a compound annual growth rate exceeding 36% over the past three years [1] - The company has established three production centers capable of producing 50,000 tons of pet food annually and has brands that achieve nearly 200 million yuan in annual sales per brand [2] - The company’s products are exported to over 60 countries and regions, with export revenue exceeding 150 million yuan [2] Group 2: Market and Infrastructure - Suyu District has a favorable environment for developing the pet industry, with several related enterprises providing sufficient raw materials for integrated development [2] - The district has established a pet e-commerce ecosystem, integrating food, supplies, live animals, and medical services, which is driving the rise of the pet e-commerce industry [3] - The "Cat and Dog Purchase" convenience store has opened five locations in Suqian, with plans to expand to 50 stores nationwide by mid-year and 200 by year-end [3] Group 3: E-commerce and Sales Performance - The "Cat and Dog Purchase" store generates daily revenue of approximately 2,500 yuan, reaching a monthly revenue of 80,000 yuan, achieving profitability [2] - E-commerce sales have significantly boosted revenue growth, with some companies experiencing nearly 50% annual sales growth since starting e-commerce operations [3] - By 2025, the overall output value of the pet industry in the district is expected to exceed 4 billion yuan [3]