India Pet Care Market is to hit and cross INR 16,000 Crore by 2030; Witnessing a CAGR of 18.3% from 2024 to 2030. India's pet care market is experiencing unprecedented growth, driven by rising disposable incomes, urbanization, and a growing trend of pet ownership among Indian households. India has over 2.44 million pet cats and 31 million pet dogs, the fifth largest pet population globally. The rising incidences of nuclear families coupled with loneliness in society are drastically boosting the growth of the India Pet Care Market currently and is expected to increase further in the coming years. The adoption of pets among new generations adopting them as children is more prevalent coupled with a willingness to spend has led to the emergence of a service ecosystem of pet cafes, pet grooming, and pet insurance. Pet product categories such as oral care, gourmet snacks, and lifestyle will see a rise in demand, thereby supporting a rise in the growth of the market.
Although, the pet food segment accounts for more than 60% of the market share, there seems to be a change in the demand for the other products. The consumers are expecting a more varied bouquet of offerings. Products such as supplements, accessories, treats, toys, and bowls would witness remarkable growth aligned with the same trend observed across mature pet markets such as the US and Europe. This change in the buying habits of the pet owners showcases a very good sign of the upcoming opportunities for the Indian pet care market. Also, there is a huge investment opportunity as start-ups are offering everything from pet cosmetics to tech-enabled pet tracking devices and smart collars.
Key Trends Driving Market Growth
Market Opportunities
Competitive Landscape – The Leading Players in the India Pet Care Market
Some of the key players in the India Pet Care Market are Pedigree, Royal Canin, Himalaya Pet Care, Drools, Mars Petcare, Inc., Nestlé Purina PetCare, Himalaya, , among others. The leading pet care products introduced by leading manufacturers are Choostix, Wahl, Himalaya, and PetVeda, among others. Supplements, treats, toys, bowls, brushes, Combs, Shampoo & Conditioner, and Hair & Nail Trimming are the most popular products with high demand in the market; whereas Dry Bath, powder, and shedding control are expected to witness high growth opportunities during the forecast period.
Market Segmentation and Revenue Breakdown of India Pet Food Market
Market Analysis by Animal Type (Revenue, USD Million, 2023 - 2030)
Market Analysis by Food Type (Revenue, USD Million, 2023 - 2030)
Pricing Analysis (Revenue, USD Million, 2023 - 2030)
Market Analysis by Ingredients (Revenue, USD Million, 2023 - 2030)
Market Analysis by Product Type (Revenue, USD Million, 2023 - 2030)
Market Analysis by Pet Services Offered (Revenue, USD Million, 2023 - 2030)
Market Analysis by Sales Channels (Revenue, USD Million, 2023 - 2030)
Market Analysis by Region (Revenue, USD Million, 2023 - 2030)
Company Covered
Payment Options