Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The pet economy in China is experiencing significant growth, driven by changing family structures and increasing disposable income, with pet ownership evolving from functional to emotional companionship [6][9] - The number of pet cats is projected to increase from 44.12 million in 2019 to 71.53 million by 2024, marking a growth of 62.2%, while pet dogs show a slight decline from 55.03 million to 52.58 million during the same period [6][4] - The pet consumption market is expected to grow from 219.9 billion yuan in 2019 to over 300 billion yuan by 2024, reflecting a structural shift in human-pet relationships and an increase in spending on pet health and wellness [17][15] Summary by Sections Section 1: Trends in Pet Ownership - The trend of pet ownership in urban China is on the rise, with pets becoming essential companions for both children and the elderly due to changing lifestyles and demographic shifts [5][6] - The elderly dependency ratio has increased by 5 percentage points over five years, indicating a growing need for emotional support through pets [8] Section 2: Market Size and Growth - The urban pet consumption market is projected to reach nearly 500 billion yuan by 2029, driven by a deeper emotional connection between pets and owners [17][14] - Pet health has become a core focus for pet owners, with health-related products seeing significant demand [17] Section 3: Pet Health Concerns - Pet owners prioritize bone and joint health, with a notable preference for calcium and bone-strengthening supplements [21] - There is a lack of awareness regarding the full benefits of health supplements, with many pet owners viewing them primarily as treats rather than preventive care [21] Section 4: Common Bone and Joint Issues - Common bone and joint issues in pets include developmental abnormalities and degenerative diseases, with specific conditions varying between cats and dogs [25][26] - Factors affecting pet bone health include genetic predisposition, nutritional imbalances, and aging [26] Section 5: Efficacy of Health Supplements - Type II collagen has been shown to be more effective than glucosamine in alleviating joint pain in pets, with significant improvements observed over time [33] - The combination of Type II collagen and glucosamine does not yield synergistic effects, suggesting that they should be used cautiously together [33]
2025年宠物骨胶原保健食品行业跟踪:宠物经济热潮当前,宠主对于宠物骨骼健康认知如何?保健产品面临何种革新?
Tou Bao Yan Jiu Yuan·2025-10-22 12:10