2014-01-09 12:33:01 - Pet Care in Vietnam - a new market research report on companiesandmarkets.com
In 2013, one of the major reasons for the value growth of pet care products will be the increasing demand for companionship. As modern life gets busier and faster-paced and more people are living alone to focus on their career, the level of stress and loneliness also increases. As a result, people tend to keep pets for companionship and treat them like a friend or a family member, and are willing to spend on pet products to make sure that their companion lives well and develops healthily.
The majority of pet care value sales come from pet food, with sales of pet products unremarkable. This is due to the fact that Vietnamese pet owners are yet fully educated about using other
pet products such as pet shampoo to keep their pets well. As such, their demands are mostly for pet food and manufacturers mainly focus on this to meet consumer demands.
Pet care is primarily dominated by international brands such as Pedigree and Whiskas, while the presence of domestic players remains limited. This is due to international brands having well-established reputations and experience in pet care. Moreover, key purchasers of pet care products are affluent consumers who tend to prefer international brands for better product quality, despite the high price tags.
Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.