India Pet Food Market Size & Outlook, 2022-2030
India pet food market, 2018-2030 (US$M)
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India pet food market highlights
- The India pet food market generated a revenue of USD 215.3 million in 2022 and is expected to reach USD 364.3 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
Pet food market data book summary
| Market revenue in 2022 | USD 215.3 million |
| Market revenue in 2030 | USD 364.3 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
Other key industry trends
- In terms of revenue, India accounted for 0.2% of the global pet food market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet food market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 364.3 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India pet food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
India is home to 32 million pet dogs in 2023. Events organized by agencies such as the Canine Club in Hyderabad, aimed at increasing consumer awareness regarding pets. Additionally, the diversity of cats and dog breeds available to different kinds of pet owners has enhanced the desire to own pets in India.
Moreover, in 2022, ITE Group India announced to organize PETEXPO 2022 to provide the global pet industry a platform to exchange knowledge, promote their offerings in the pet industry, and set the market trends for coming years. Thus, the above factors are attributed to result into increase in demand for pet food in India over the forecast period.
Mars, Incorporated is one of the prominent pet food market players in India. In June 2021, Mars Incorporation launched its new wet cat food range under the brand name Whiskas, thus expanding its pet food range of products in India.
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India pet food market , including forecasts for subscribers. This country databook contains high-level insights into India pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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