India Pet Food Market Report 2020-2026 Featuring Mars International, Indian Broiler Group, Charoen Pokphand, Farmina, Gitwako Farms, Venky s
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India Pet Food Market Report 2020-2026 Featuring Mars International, Indian Broiler Group, Charoen Pokphand, Farmina, Gitwako Farms, Venky s
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The Indian Pet Food Market is expected to grow at a robust rate by exhibiting a CAGR of 16.64% during the forecast period
Growth of the pet food market in India can be attributed to the growing pet population, increasing product innovations in pet food industry, people adopting western culture, which is evident from their changing lifestyles, consumer preference for good and premium quality pet food products and increasing demand for organic pet food.
Rising disposable income and increasing awareness regarding the fact that pets should be given pet food instead of home-made food are other factors contributing to the growth of the pet food market in India. Moreover, evolving pet food demand from middle-class populations and rising ownership of pets across the country, especially dogs, are some major drivers of pet food market in India.