A major factor in constraining growth for pet food and pet care products is the high price of most products. There is no presence for economy dog and cat food in the country, for example, with premium products dominating. However, the launch of mid-priced dog and cat food by Perfect Companion indicated that there is demand for cheaper products, with sales of mid-priced dog and cat food soaring in 2008. Similarly, domestic player Hoang Anh Co Ltd achieved striking growth for “other” pet care products and healthcare in 2008, due to its range of good quality but affordably-priced products.
I actually considered this a few months back, I am embarrassed to say. My family hasn’t felt the economy personally yet, but I was toying with the idea of scrimping on some things to be prepared.
As soon as I went home and looked at 10 happy faces, that idea went right out the window. We will sell things instead if it comes to that!
Nope. I won’t risk the health issues that will occur if I switch foods.
Not likely. I’ve switched to a higher-quality pet food to stave off potential veterinary bills.
A major factor in constraining growth for pet food and pet care products is the high price of most products. There is no presence for economy dog and cat food in the country, for example, with premium products dominating. However, the launch of mid-priced dog and cat food by Perfect Companion indicated that there is demand for cheaper products, with sales of mid-priced dog and cat food soaring in 2008. Similarly, domestic player Hoang Anh Co Ltd achieved striking growth for “other” pet care products and healthcare in 2008, due to its range of good quality but affordably-priced products.
I actually considered this a few months back, I am embarrassed to say. My family hasn’t felt the economy personally yet, but I was toying with the idea of scrimping on some things to be prepared.
As soon as I went home and looked at 10 happy faces, that idea went right out the window. We will sell things instead if it comes to that!