India Pet Food Market to Grow with a CAGR of 15.37% through 2030
The India pet
food market is experiencing rapid growth due to increasing pet ownership,
urbanization, and rising disposable incomes. It is driven by demand for
nutritious, specialized pet diets and expanding retail distribution channels.
According
to TechSci Research report, “India Pet Food Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Pet Food market stood at USD 843.89
million in 2024 and is anticipated to grow with a CAGR 15.37% through 2030. The India pet food market has witnessed significant growth in recent years, driven by rising pet ownership, increased disposable income, and changing consumer attitudes towards pet health and nutrition. As more Indian households embrace pets, especially dogs and cats, there is a growing emphasis on providing high-quality, nutritious food to ensure their well-being. Urbanization and the rise of nuclear families have also contributed to this trend, as pets are increasingly seen as family members. The expansion of e-commerce platforms has made pet food more accessible, further boosting the market's growth. Additionally, the rising awareness of the health benefits associated with feeding pets specialized diets, such as grain-free, organic, and breed-specific food, has spurred demand for premium products.
However, the market faces challenges. One significant hurdle is the price sensitivity of Indian consumers. Although premium and specialized pet foods are gaining traction, they remain unaffordable for many pet owners, particularly in rural and semi-urban areas. Another challenge is the lack of stringent regulations regarding pet food quality and safety, which can lead to the proliferation of low-quality products in the market. Additionally, the diverse dietary habits of pets across different regions in India make it difficult for companies to standardize their offerings. Limited availability of local ingredients for high-quality pet food also poses challenges for manufacturers, increasing production costs and affecting product pricing. Despite these challenges, the India pet food market is expected to grow steadily, with pet owners becoming more conscious of their pets' health, driving demand for specialized and premium products
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" India Pet Food Market”
The India Pet
Food market is segmented into pet type, food type, ingredients, sales channel, regional
distribution, and company.
Based on sales channel, The online segment is rapidly emerging as the fastest-growing channel in the Indian pet food market. This growth is driven by several factors, including increasing internet penetration, rising smartphone usage, and changing consumer shopping habits. Online platforms offer unparalleled convenience and accessibility, allowing pet owners to browse a wide range of pet food products, compare prices, read reviews, and make purchases from the comfort of their homes. This convenience is particularly appealing to busy urban dwellers who may prefer the ease of online shopping over visiting physical stores. Moreover, the COVID-19 pandemic accelerated the adoption of online shopping for pet essentials as consumers sought contactless shopping options. E-commerce platforms responded by enhancing their product offerings, improving logistics, and implementing robust customer service to cater to the growing demand. Manufacturers and retailers are investing in digital marketing strategies and partnerships with e-commerce platforms to expand their online presence and reach a broader audience across geographies. As a result, the online segment continues to experience exponential growth, shaping the future of the pet food market in India.
Based on region,
the south region has emerged as one of the fastest-growing areas, driven by
several key factors contributing to its rapid expansion. Geographically, the
South region includes major metropolitan cities such as Bengaluru, Chennai,
Hyderabad, and Kochi, which are witnessing increasing urbanization and a rising
middle-class population with higher disposable incomes. These factors have led
to a significant rise in pet ownership, particularly among younger demographics
who view pets as companions and integral parts of their families. Cultural shifts
towards nuclear families and smaller living spaces in urban areas have also
contributed to the growing popularity of pets, particularly dogs and cats, in
South India. This demographic trend has fueled demand for a diverse range of
pet food products that cater to different pet species, breeds, and dietary
preferences. The South
region's robust retail infrastructure, including the presence of pet specialty
stores, supermarkets, and online platforms, has further facilitated the
accessibility of pet food products to consumers. Manufacturers and retailers
are increasingly focusing on expanding their market reach in South India
through localized marketing strategies, product innovation, and partnerships
with regional distributors. As a result, the South region continues to
experience accelerated growth in the pet food market, shaping its future
trajectory across the country.
Major companies
operating in India Pet Food market are:
- Mars
International India Private Limited
- Nestlé India
Limited
- Himalaya Drug Company Private Limited
- Drools Pet Food Private Ltd
- Venky's (India)
Limited
- Goa Medicos
Private Limited (Farmina)
- AOV Agro Foods
Pvt. Ltd
- Bharat
International Pet Foods Private Limited
- Orange Pet
Nutrition Private Limited
- Hausberg Private Limited (Canine India)
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“One key trend in the India pet food market is the growing demand for organic and natural pet food. As pet owners become more health-conscious, they are seeking products that are free from artificial additives, preservatives, and fillers. Organic pet food, made from natural ingredients, is gaining popularity due to its perceived health benefits, such as improved digestion, stronger immunity, and healthier coats. This trend is expected to accelerate as consumers prioritize their pets' long-term health”, said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
India Pet Food Market, By Pet Type (Dog, Cat, Fish, Other), By Food Type (Dry, Wet, Others
(Treats, Flake & Pellet, Freeze-Dried, etc.)), By Ingredients (Plant-based,
Animal-based), By Sales Channel (Pet Specialty Store, Supermarket/Hypermarket,
Online, Others), By Region, Competition, Forecast & Opportunities,
2020-2030F”, has evaluated the future growth potential of India Pet
Food market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the India Pet Food market.
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