H&H Group’s pet portfolio jumps 30% in the year to date

The pet portfolio of the Hong Kong-based health and nutrition company H&H Group brought in RMB1.38 billion ($189.3M/€179.5M) in revenue in the first 9 months of 2023, a significant 29.8% increase against the same period in 2022.

From January to September 2022, it accounted for RMB1.06 billion ($145.8M/€138.3M).

The performance of the company’s pet supplement category increased by more than 37% to RMB873.7 million ($119.4M/€113.1M) during the first 9 months of the year.

H&H Group said that the “robust sales” of its pet nutrition and care portfolio in mainland China, Australia, New Zealand and North America drove its progress in Q3.

China and North America 

Mainland China illustrated “exceptional performance,” contributing to more than 70% of the company’s overall revenue between January and September 2023.

According to the company, the pet nutrition and care categories were a “key driver” in the Asian country and recorded a growth of 28% against the same period of 2022.

“On the pet care front in China, Solid Gold has achieved significant success, solidifying its position as the second-ranked brand in China’s online premium cat food market, and is now available in over 8,800 outlets nationwide,” points out Camillo Pane, CEO at H&H Group.

Moving on to North America, the company noted that its global performance’s 22.5% year-over-year (YoY) growth was “primarily driven” by the pet nutrition care segment. Pane mentioned their focus on innovation “to capture consumer demand based on pet nutrition trends.”

According to Euromonitor, Zesty Paws is now the number 1 pet supplements brand in the US. Zesty Paws is widely available and is sold in 16,800 stores in the US, whereas Solid Gold products are sold across 4,300 locations.