India Pet Food Market Overview

India Pet Food Market is anticipated to register significant growth over the coming years owing to the rising adoption of pets in the country. An increase in the number of nuclear families, the rapid pace of urbanization, government initiatives for encouraging the adoption of pets, and the rising concerns for the healthy growth of pets are some of the potential drivers for the India pet food market in the years to come. Moreover, the growing premiumization coupled with an increase in the demand for enhanced quality of pet food is anticipated to benefit the Indian pet food market to register a double-digit growth rate during the forecast period. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

Market Analysis by Pet Types

India pet food market is estimated to gain traction in the upcoming six years on the back of the rising expansion of supermarkets and retail stores in the country. A supermarket is a clear indication of easy availability of pet food and more and more footfall registered by the supermarkets each day along with deeper penetration of pet adoption is expected to assist the India pet food market to achieve positive growth in the forthcoming time. Additionally, on the basis of users, the high-income group is the major segment expected to contribute towards the growth of the India pet food market underpinned the rising trend of adopting a pet in the house and as a result, has led to rising requirement for food containing high nutritional values which are estimated to spur the significant demand for pet food and would benefit the India pet food market in the coming years.

Key Highlights of the Report

  • India Pet Food Market Overview
  • India Pet Food Market Outlook
  • India Pet Food Market Forecast
  • Market Drivers and Restraints
  • Industry Life Cycle
  • India Pet Food Market Trends & Evolution
  • India Pet Food Market Opportunity Assessment
  • India Pet Food Market Share, By Players
  • India Pet Food Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

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