Global India Pet Food Market
The GMI Research forecasts that the India Pet Food Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the soaring pet adoption rate, expanding online presence coupled with growing health concerns related to pets.
Introduction of the India Pet Food Market:
Pet food regards the animal feed purposed for consumption by pets which include cats, dogs, or other animals. Their different variety offers remarkable benefits such as better digestion, a strong immune system, fewer allergies. It is rich in vitamins, carbohydrates, protein, fats, minerals, and preservatives to enrich the animal’s body.
India Pet Food Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The Indian pet food market is projected to behold a robust demand in the recent years. Two prominent drivers which include the augmenting demand for premium products and the growing consciousness concerned with pet health. The transpiring inclination towards keeping a pet as a companion, accelerating urban population, and the soaring trend of nuclear families has persuaded individuals to adopt dogs or cats as a pet. India is home to approximately 20 million pet dogs, and this number is projected to expand at a considerable rate over the forecast period. The growing awareness about several advantages related to serving pets with pet products further strengthens the pet food market size. The food inculcates fruits, chicken meat, lamb meat, vegetables, and other preservatives, which improves the color, texture, and flavor of the food products. Additionally, the uninhibited accessibility of these products across different distribution channels, including retail, online stores, and supermarkets, helps broaden the market’s consumer base. The significant switch in consumer’s preference in favour of vegan and grain-free products is another factor promoting the pet food market share.
India Pet Food Market Segmentation:
Segmentation by Product Type
- Dry dog food
- Wet dog food
- Dog treats
- Dry cat food
- Wet cat food
- Cat treats
- Others
Segmentation by Distribution Channel
- Online
- Supermarkets/hypermarkets
- Specialty stores
- Others
Segmentation by Pet Type
- Dog
- Cat
- Others
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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