Top 7 China Pet Economy Companies (2025)
China's pet economy has exploded into a CNY 350 billion market in 2025, driven by urbanization, single-person households, and the humanization of pets. Over 120 million pets are kept as companions in Chinese households, with average annual spending per pet exceeding CNY 3,000. The market spans premium pet food, veterinary care, pet insurance, smart pet devices, and pet services including grooming and boarding. Chinese companies are increasingly competing head-to-head with international brands like Royal Canin and Hill's, with several domestic brands now capturing double-digit market share in the premium segment.
TL;DR
China pet economy reaches CNY 350 billion in 2025 with 120M+ pets. Top 7 companies: Royal Canin China, Myfoodie (疯狂小狗), Boqii, Petstar, Netease Yanxuan Pet, Kuaishou-Vet, and Petkit. Domestic brands capturing premium market share from international competitors.
Key Insights
Royal Canin China (玛氏宠物)
Mars Petcare subsidiary dominates premium pet food market. Operates 2 factories in China producing breed-specific and life-stage nutrition. Veterinary diet line prescribed in 80 percent of China's pet hospitals for therapeutic nutrition.
Myfoodie (疯狂小狗)
China's largest DTC pet food brand built on social commerce. Grain-free and freeze-dried product lines achieve 98 percent customer satisfaction. Douyin live-stream sales generate CNY 500M annually, making it the top pet brand on Chinese short video platforms.
Boqii (波奇网)
China's largest pet e-commerce and services platform. Online marketplace + offline pet stores + veterinary services ecosystem. Boqii's private label pet products span food, toys, grooming supplies, and healthcare essentials for dogs and cats.
Petstar (佩蒂股份)
Listed company specializing in pet chew products and functional treats. Major OEM supplier for international brands while building domestic brands. Plant-based and dental health chew product lines address growing health-conscious pet owner segment.
NetEase Yanxuan Pet
NetEase's premium pet brand offering human-grade pet food, organic treats, and designer pet accessories. Leverages NetEase's e-commerce infrastructure for same-day delivery in 200+ cities. Humanization trend drives premium positioning with CNY 200+ per unit ASP.
Kuaishou-Vet (新瑞鹏宠物医疗)
China's largest veterinary hospital chain formed through merger of Ruipeng and New Ruipeng. Provides standardized veterinary care, specialist referral services, and pet insurance partnerships. Training academy certifies 5,000+ veterinary professionals annually.
Petkit (小佩宠物)
Leading smart pet tech company with AI-powered automatic feeders, self-cleaning litter boxes, and GPS pet trackers. IoT platform connects all Petkit devices for health monitoring. Products exported to 60+ countries with strong brand recognition in Japan and South Korea.
Side-by-Side Comparison
| Company | Revenue / Scale | Category | Key Advantage | Growth Channel | Listed |
|---|---|---|---|---|---|
| Royal Canin China | CNY 10B+ | Pet food | Veterinary trust | Hospital channels | No (Mars sub) |
| Myfoodie | CNY 3B+ | Pet food DTC | Social commerce | Douyin live sales | No |
| Boqii | CNY 2B+ | Pet platform | Ecosystem breadth | App + offline stores | Yes (BQ) |
| Petstar | CNY 5B+ | Pet chews OEM | Manufacturing scale | OEM + domestic brand | Yes (300673) |
| NetEase Yanxuan | CNY 1B+ | Premium pet | Brand premium | NetEase e-commerce | No (NetEase) |
| Kuaishou-Vet | CNY 8B+ | Veterinary chain | Hospital network | Merger expansion | IPO pending |
| Petkit | CNY 1.5B+ | Smart pet tech | IoT ecosystem | Cross-border e-commerce | No |
Frequently Asked Questions
China's pet economy reached approximately CNY 350 billion in 2025, making it the world's second-largest pet market after the United States. The market encompasses pet food (45%), veterinary care and medicine (20%), pet supplies and accessories (15%), pet services including grooming and boarding (12%), and pet insurance (8%). Annual growth rate remains above 15 percent.
Dogs and cats dominate China's pet market, with approximately 54 million pet dogs and 66 million pet cats. Cats have surpassed dogs since 2022 due to urban apartment living constraints. Small and medium-sized dog breeds like Poodles, Corgis, and French Bulldogs are most popular, while British Shorthair and Ragdoll lead among cat breeds.
Yes, Chinese domestic pet food brands like Myfoodie (疯狂小狗) and NetEase Yanxuan Pet are rapidly gaining premium market share. While Royal Canin, Hill's, and Purina still lead in veterinary channels, domestic brands now capture over 30 percent of the premium pet food segment through social commerce, competitive pricing, and product innovation including freeze-dried and human-grade formulations.
Smart pet devices are one of the fastest-growing segments in China's pet economy, with annual growth exceeding 40 percent. Petkit, a leading brand, has sold over 10 million devices including automatic feeders with AI portion control, self-cleaning litter boxes with health monitoring, and GPS trackers. Young urban pet owners (25-35 age group) are the primary adopters of smart pet technology.
China has approximately 30,000 veterinary hospitals and clinics as of 2025. New Ruipeng (新瑞鹏) is the largest chain with over 2,000 hospitals. However, the majority are small independent clinics. The veterinary market is consolidating rapidly as chain operators acquire independent practices to standardize care quality and achieve economies of scale.