The pet food market in the Philippines is growing significantly and is projected to continue rising in the coming years. Domestic pet food sales totaled $434 million in 2021 and are expected to increase 9% to $434 million in 2023. Dry dog food and wet cat food are the most popular pet food types in the country. Imports of pet food to the Philippines have also risen substantially in recent years, with Thailand, the US, and the EU being the top three exporters. The pet food market is forecast to keep expanding due to the Philippines' high pet ownership rates and growing demand.

1. THE PET AND ANIMAL FOOD MARKET OF THE
PHILIPPINES IS ALL SET TO RISE IN THE COMING YEARS
ABSTRACT
The Philippines is one of those nations on the Asian continent that has the highest
ownership rates of pet animals like dogs and cats. Due to this trait of the country,
the demand for pet food also rises every year in the country and the same is going
to happen this year too. In the past five years, the demand for US pet food is rising
several folds.
In the year 2021, the Philippines Import Data recorded imports of pet food worth
USD 51 million only from the United States. The total domestic sales of pet food in
the Philippines were USD 434 million in the year 2021 and are projected to grow by
9% in 2023. The main animal products include both, dry and wet pet food, treats,
and mixtures.
In the upcoming year 2023, the domestic sales of pet food will reach USD 434
million. Dry dog food is the most popular type of pet food that is in demand in the
nation as it is affordable and convenient to carry. On the other hand, wet cat food
is preferred by all cat owners in the country.
CURRENT TRENDS OF IMPORTS AND EXPORTS OF PET FOOD
As per the Philippines Import Data for the year 2021, the nation imported pet food
worth USD 51 million from the United States which was the largest up till now from
the United States. This was a 3% increment as compared to the last year’s statistics.
The sales of only dog food are predicted to grow by 9% in the year 2023. Whereas
cat food sales are expected to grow by 13% this year.
As per the Philippines Trade Data of many years, it is known that the Philippines
imports pet food the most from Thailand, the United States, and the European
Union. In the time span of 2017-2021, Thailand kept the exports of pet food to the
Philippines growing, i.e., from USD 18.5 million (2017) to USD 71 million (2021).

2. The top exporters of pet food to the Philippines with their percentage shares are:
 Thailand (36% of total pet food imported by the Philippines)
 United States (26% of total pet food imported by the Philippines)
 European Union (15% of total pet food imported by the Philippines)
 Australia (12% of total pet food imported by the Philippines)
 China (11% of total pet food imported by the Philippines)
The reason why the United States is not the top contributor is that the exporters
from the United States have to face high tariff payments during exports
accompanied by low competitive shipping prices as compared to other countries
like China, Australia, or New Zealand.
Based on some older records of the Philippines Export Data of animal and pet food,
i.e., for the year 2020, we got to know that the Philippines was the 90th
biggest
exporter of animal and pet food across the globe with total exports of USD 3.15
million. The major countries to whom the Philippines exported these products
were:
 South Korea (USD 1.42 million)
 Vietnam (USD 660 thousand)
 The United States (USD 285 thousand)
 Czechia (USD 240 thousand)
 Cambodia (USD 175 thousand)
CONCLUSION
Indeed, the Philippines is one of the most pet-friendly countries on the Asian
continent. With the highest number of pet owners on the continent, the nation
requires an abundance of pet food supplies so as to keep the pets of the nation
happy and healthy. It is predicted that in the future, the number of pet owners
would rise in the nation and hence the demand for pet food. So, it is a good
opportunity for the countries like the US, Thailand, and European Union countries
to export their produce to the Philippines.

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