SECTION VI. COMPETITION (A) Import Costs Hong Kong is an open, highly competitive market. In 2025, the top five pet food suppliers (United States, Thailand, Germany, Japan, and Canada) accounted for 65 percent of Hong Kong’s total pet food imports. U.S. pet food products were price-competitive compared with those of major competitors. Despite the presence of several leading global brands (Table 9), the market remains highly fragmented, with numerous smaller brands collectively accounting for the majority of sales. Hong Kong: Table 8 - Pet Food Import Unit Cost4 (Unit Cost: USD/Kg) Supplier 2021 2022 2023 2024 World Total 4.21 4.31 4.90 4.61 United States 4.17 3.99 5.56 4.89 Thailand 3.17 3.72 3.83 3.43 Japan 8.50 7.25 8.05 8.05 Germany 4.42 4.47 4.82 7.16 Taiwan 12.88 14.87 12.46 8.71 (Source: Calculation based on Trade Data Monitor data)
Import value (USD)/Import volume (KG)
2025 4.51 5.15 3.77 8.59 4.30 9.27
Hong Kong: Table 9 - Major Dog Food Brands/Share Major Brands Supplier/Manufacturer Share in 2024 value Royal Canin Mars Hong Kong Ltd 5.8% Hill's Science Diet Hill's Pet Nutrition Inc 4.7% Pedigree Mars Hong Kong Ltd 3.9% Hill's Prescriptions Diet Hill's Pet Nutrition Inc 2.0% DoggyMan DoggyMan Hayashi KK 1.7% Sunrise Sunrise Co Ltd 1.5% Others 80.4% (Source: Euromonitor International)