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Analysis of the Market Prospects of Domestic Intelligent Feeders

Time:2023/9/23 Posted:Shenzhen Yeda Industrial Co., Ltd.
Intelligent feeder is a smart home product that combines Internet of Things technology and intelligent control technology. It can achieve functions such as automated feeding, timed feeding, and remote feeding, providing pet owners with more convenient, safe, and efficient feeding methods.

With the improvement of people's living standards, more and more families are starting to keep pets, therefore, the market potential of intelligent feeders is enormous. According to data from market research firm iResearch, the size of China's pet market reached 202.3 billion yuan in 2019 and is expected to reach 426.3 billion yuan by 2023, with a compound annual growth rate of 15.2%. With the development of the pet market, the intelligent feeder market will also experience rapid development.

At present, the domestic intelligent feeder market is showing the following trends:

1. Market size continues to expand: With people's attention to pet health and quality of life, the market size of intelligent feeders continues to expand. It is estimated that the smart feeder market will maintain rapid growth in the coming years.

2. Continuously upgrading technology: The competition in the intelligent feeder market is becoming increasingly fierce, and the speed of product upgrades is also increasing. At present, intelligent feeders on the market have multiple functions such as voice control, remote control, and intelligent recognition.

3. Intensified brand competition: With the expansion of market size, the competition between smart feeder brands is also becoming increasingly fierce. Famous brands such as pet product brand Herm è s, smart home brand Xiaomi, JD, Tmall, etc. have joined the smart feeder market and launched their own smart feeder products. Huiyan Video has also launched its own Falcon Eye Xiaocong feeder, and the intensification of brand competition has also promoted technological innovation and marketing of intelligent feeders.

4. Consumer demand is gradually diversified: With the increasing demand for pet health and quality of life, the functions of intelligent feeders are also constantly upgrading. At present, intelligent feeders on the market can achieve various functions such as quantitative feeding, timed feeding, intelligent recognition, voice control, etc., meeting the different needs of consumers.

Overall, the domestic market for smart feeders has broad prospects, and with the increasing emphasis on pet health and quality of life, the smart feeder market will develop rapidly. In the future, with the continuous upgrading of technology and changes in consumer demand, the competition in the intelligent feeder market will also become increasingly fierce, and differentiated competition between brands will become the main feature of the market. At the same time, the development of the intelligent feeder market will also promote the further growth of the pet market, bringing more opportunities and challenges to the development of the entire pet industry chain.
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