At first glance, the data for the global pet food and accessories market paints a bleak picture for Southeast Asian (SEA) exporters. According to Alibaba.com internal data, the total trade value for this category experienced a significant 12.85% year-over-year decline in 2025. This follows a pattern of volatility, with a modest recovery in 2024 after a dip in 2023. Such a figure would typically signal a contracting market and prompt caution.
However, a deeper dive into the platform's buyer behavior metrics reveals a startling contradiction. In that same year of declining trade value, the Active Buyer (AB) rate—a measure of the proportion of buyers actively engaging with suppliers—jumped by an impressive 27.4%. Simultaneously, the supply-demand ratio, which indicates the number of active buyers per supplier, also saw a substantial increase. This creates a powerful data paradox: why are more buyers than ever showing up to shop, yet the total money spent is going down?
The 2025 Pet Food Market Paradox: Macro vs. Micro Metrics
| Metric | 2024 | 2025 | YoY Change |
|---|---|---|---|
| Global Trade Value (USD) | $X.XB | $X.XB | -12.85% |
| Active Buyer (AB) Rate | XX.X% | XX.X% | +27.4% |
| Supply-Demand Ratio | X.XX | X.XX | +18.9% |

