India Pet Care Market Overview, 2022-28

India Pet Care Market Overview, 2022-28

The report entitled “India Pet Care Market Outlook, 2027-28” by Bonafide Research gives a comprehensive analysis of the pet care market of India for the segmentations of Pet Food, Pet Accessories, Pet Grooming & Pet Healthcare, along with in-depth analysis for market share by animal type (Dog, Cat, rabbit, bird, and others), by food type (wet & dry), by accessories (toys; harness, collar, leashes chain & muzzles; Beds, Pet Houses, Crates & Cages; Bowls, Feeders, training tray & pads, Litter box; and others), by grooming product (Shampoo & conditioner, oil, spray; brushes, combs, trimmers; & others) by sales channel (Specialized Stores, Multi Brand Retails & Online Retails), by region (east, west, north, and south), by cities (Bangalore, Mumbai, Hyderabad, Delhi, Chennai, and others) and by major companies.

India's pet care market is expected to grow at a value of INR 7500 Crores by the end of the forecasted period, on account of rising nuclear families, double-income households, change in lifestyle, urbanization, and increasing pet ownership. Delayed parenthood witnessed in most urban and newly married couples have eventually increased the pet adoption ratio in the country, thus making it an emotional stimulant. The market is led by the dog segment which accounted for more than half of the market share, while the rabbit segment is expected to grow to more than 26% anticipated CAGR.

The entry and expansion of many players into the pet care industry forecast a positive view for the market in India. Due to certain social and cultural constrictions, dog populations vastly outnumber that of cats in India. The hectic and tiresome lifestyles developed due to modernization have made most urban dwellers time-handicapped, leading to an increased preference for commercially packaged pet foods. The products such as Multivitamin, supplements, Eye and ear care products, Dental care/oral care products, diapers, etc. are some of the trending pet healthcare products in the market.

The easy availability of these pet care products is a major attraction factor for pet parents. With the organized sales channel and rising demand, the India Pet Care Market is expected to see robust growth in the future. Even though the online store segment holds the least market share, it is expected to be growing with the highest anticipated CAGR of 32.11% in the forecasted period. This pet boom has led to the proliferation of pet startups across the country. BarkNBond, an app currently available only in Mumbai, helps find all pet-related essentials, everything from veterinary clinics to pet-friendly cafes.

A large number of cities in the developed world have well-enunciated pet policies mandating a set of DO’s and DON’Ts that are applicable to the ownership of pets. The absence of such rules and regulations in India has raised a slew of disputes that do not get adequately addressed, especially in cities where most pets have to be mostly kept within the confines of small apartments.

Major players operating in the pet care market of India are Mars International India Private Limited, Venky's (India) Limited, Royal Canin India Private Limited, Indian Broiler Group, and Provimi Animal Nutrition India Private Limited.

Key Aspects Covered in this report:
• Global Pet Care Market Outlook
• India Pet Care Market Outlook
• India Pet Food Market Outlook
• India Pet Accessories Market Outlook
• India Pet Grooming Market Outlook
• India Pet Healthcare Market Outlook
• Market Trends and Developments
• Company Profiles of the leading market players

This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to the PetCare industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.