The pet economy continues to heat up, with a significant trend towards diversified industrial development

Recently, the "2025 Tmall Double 11 Pet Consumption Observation Report" released by the Tmall platform shows that pet owners are transitioning from "basic feeding" to a new stage of "refined pet care," with pet consumption continuously upgrading. Over the past three years, the scale of the Tmall pet industry and the transaction volume of pet food have continued to rise. Experts interviewed believe that in recent years, with the upgrading of consumption concepts, scientific and refined feeding has become mainstream. From daily meals for pets to various daily necessities, the industry track is becoming increasingly segmented, driving the entire pet economy chain to heat up continuously. (Securities Daily)