Increased pet adoption in the Philippines is driving pet food sales, but there has been no corresponding increase in vet visits, according to Royal Canin Philippines.
PHILIPPINE STAR/ MICHAEL VARCAS
“Pets adopted in 2020 are still alive, so you continue to give them the right nutrition… It’s a big boost to exponentially grow the category,” he toldThe Philippines has 26 million pet dogs and eight million pet cats, he noted. “If you look at the numbers, ‘vetification’ is very, very small,” he said, noting that only 22% and 8% of pet dogs and cats, respectively, are taken to animal clinics for check-ups.
Total pet food sales in the Philippines is estimated to grow by 9% in 2023 to $434 million from last year’s $397 million, based on a report by the United States Department of Agriculture.
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