Zhang Zhang Zhang, who is in charge of the management of capital, has publicly stated that he has invested $12 billion in the biomedicine industry, but it is rarely known that he is the only institution in the major capital that has a heavy pet market.
According to statistics from IT oranges, high capital holds shares in more than 100 pet-related enterprises, more than 80 per cent of which are found in large pet service brands, and the share share of these pet hospitals is mostly 100 per cent and the rest is more than 50 per cent.
Key nodes, in 2018. According to pets statistics for 2018, China had more than 17,000 pet hospitals, of which Gao Quan capital, Rei Peng Group and Rei Pyi Group (established in 2012 and rapidly growing through M & As) ranked third in market ownership, with over 700, 400 and 300, respectively.
In August of this year, the Ripper Group completed a new three-board pick-up and the pattern of the pet medical market, supported by three main factions, was quickly broken. Takashi Capital announced a strategic collaboration with Ripany, which included investing in Ripany, while Takashi would be fully integrated with his medical assets as a pet under his flag.
Five months later, the “New Ripper Group” formed by both sides was formally established. Twin male and female, New Ripper has more than 1,300 pet hospitals, and a medical “carrier” of pets was born, as was a unicorn valued at nearly RMB 30 billion.
In response to this integration, Zhang Zhang said to the media that “many people may be more concerned about the volume and industry impact of the new Serpent, while Takashi has always emphasized `Think big, Think long'”.
It's easy to see Zhang Yi wants to make a big business cake. The question is, why did Takashi go so far into the pet health market?
You know, the “single economy”, the “single economy” and the “silver economy” are gradually becoming a large market, and the pet economy is becoming a new windfall.
Data from the Aids consultation show that the Chinese pet industry reached a market size of $17.8 billion in 2018, with growth rates approaching 30 per cent. Growth rates have continued to rise in recent years, and market size is expected to reach 300 billion by 2020.
This trend was particularly evident during the two-xiitory period. According to data from this year ' s Cat Two 11, the price of a man buying for a dog has increased by 1.01 times the price of a man buying for a child.
Another group of data shows that men focused on 71 per cent of the 3C digital ratio during the two-xiitory period, followed by 68 per cent of pet supplies. In contrast, women are most concerned with mother and child products, up to 89 per cent, followed by clothing shoes and makeup.
Women are more concerned about children, men prefer wives or children? No, I love dogs more because men spend money on pets.
A man who spends his life for a pet can't afford less. According to the White Paper on the Chinese pet industry of 2019, the average annual consumption of a single dog dog in China has reached $6082, an increase of 9 per cent over the previous year; the average annual consumption of a single pet cat is $475, an increase of 10.3 per cent over the previous year.
In addition, according to the 2020 Insight of Medical Consumption of Pets, the number of Chinese urban cats and dogs will exceed 110 million by 2022. Based on the average consumption of pets and dogs in 2019, the market size will reach almost 600 billion.
The vast majority of pet-related consumption is related to pet hospitals. Do not think that pet hospitals are places where pets are sick, and in a profit-making model, pet hospitals already have a variety of activities such as pet medicine and health care, pet beauty and the sale of pet food items.
Tiger sniffs an article that says, "No one in the pet hospital knows more about the fees!"
In addition to the costs, the article revealed two cases: a girl from the Shenzhen South Mountain who adopted a stray cat on the social network and spent about $3,000 a month on medicine, but her salary was only $6,000 a month; and another customer of a pet hospital who gave $50,000 for a pacemaker implant for a pet.
It is particularly noteworthy that many pet owners believe that many pet doctors would recommend many “unnecessary” screenings.
Whether it's a pet hospital's ability to suck money, or this kind of “check-out”, it's hard to think of a hospital in the field. As the market grows, men spend money. Maybe the pet hospital's profits can beat the hospital!