Demand for Furkids on the rise .......I am bullish on this sector for the long haul and will be nibbling on this stock soon.
Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some consolidation amongst the big boys.
This trend is not only taking place in China but like Japan, Singapore, Korea and Thailand, I see a similar pattern.
002891 trade ideas
002891:SZSE - Yantai China Pet FoodsYantai China Pet Foods is up a bit over 90% over the last 3 months with fairly low volatility. Could be worth a watch.
Yantai China Pet Foods Co., Ltd. engages in the production, process, and sale of pet food. Its products include pet snacks such as chicken pieces and sandwiches, canned food such as canned beef and diced chicken, and dry food for dogs and cats. The company was founded by Zhong Li Hao in 1998 and is headquartered in Yantai, China.