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India Pet Food Market Size, Growth, Share, Trends & Outlook 2024-2032
India Pet Food Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 15.4% (2024-2032)
The India pet food market is witnessing significant growth due to a combination of factors reflecting changing socio-economic trends and evolving consumer behaviours. According to the latest report by IMARC Group, The India pet food market size is projected to exhibit a growth rate (CAGR) of 15.4% during 2024-2032.
India Pet Food Industry Trends and Drivers:
The rising pet ownership as well as advancing perceptions toward pets as part of the family are the factors responsible for the growth of the India pet food market. As urbanization rises and nuclear families grow, more people are adopting pets, leading to a greater demand for high-quality pet food. Besides this, pet owners are becoming highly aware of the importance of nutrition in their pets' overall health, resulting in a shift from homemade meals to commercial pet food products. Moreover, the increasing presence of pet care services and veterinary clinics is also encouraging pet owners to focus more on their pets' dietary needs, further driving market expansion.
The demand for premium along with organic pet food products is on the rise as consumers look for healthier and more sustainable options for their pets, which is augmenting the India pet food market. In addition to this, brands are responding by introducing grain-free, gluten-free, and specialized diets, catering to pets with specific dietary requirements or health conditions. E-commerce platforms are playing a key role in this growth, making pet food more accessible, especially in Tier 2 and Tier 3 cities. The convenience of online shopping, coupled with the availability of a broad range of products, has significantly boosted sales in recent years. Furthermore, aggressive marketing strategies, celebrity endorsements, and awareness campaigns about pet nutrition are contributing to the increasing demand for pet food in India. The rising disposable incomes and a growing trend toward pet humanization are expected to drive continued growth in the India pet food market in the coming years.
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India Pet Food Industry Segmentation:
The report has segmented the market into the following categories:
Pet Type Insights:
Dog Food
Cat Food
Others
Product Type Insights:
Dry Pet Food
Wet and Canned Pet Food
Snacks and Treats
Pricing Type Insights:
Mass Products
Premium Products
Ingredient Type Insights:
Animal Derived
Plant Derived
Distribution Channel Insights:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
Regional Insights:
South India
North India
West and Central India
East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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