The GMI Research extrapolates that the Indian
Pet Food Market will experience a robust demand over the forecast period.
This is because of the enlarged online presence, rising health agitation among
consumers, and helps build a stronger immune system.
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Pet food is the animal feed deliberated for consumption by
pets such as dogs, cats, or other animals. The different range of pet food
provides exceptional benefits such as better digestion, a powerful immune
system, and fewer allergies. Pet food provides carbohydrates, vitamins, fats,
protein, minerals, and preservatives, thus enriching the animal's body.
The augmenting adoption of pets has stimulated the demand
for high-quality pet foods, which is the foremost driver contributing to the
growth of the Indian pet food market. In addition, the rising recognition of
pet health and the increasing trend of nuclear families in India has stimulated
market growth. Furthermore, the rapidly accelerating urban population and the
evolving tendency of keeping a pet as a friend have encouraged the adoption of
dogs or cats among individuals. India is a habitat for approximately 20 million
pet dogs, and this number is anticipated to rise over the next few years.
Besides this, the surging awareness about several beneficial features offered
by pet foods among pet owners has further paved the way for market growth. The
pet food includes chicken meat, vegetables, fruits, lamb meat, and other
preservatives, to improve the texture, flavor, and color of the food products.
Furthermore, the facile accessibility of pet food products across several
distribution channels such as supermarkets, retail, and online stores has
allured enormous individuals towards the market. Simultaneously, the remarkable
switch in individual's choices towards vegan and grain-free pet food products
is complementing the Indian
pet food marketshare.
The dry dog food segment, based on the product type, is
predicted to expand at a faster rate over the forecast period. The dog is
considered to be the desired animal in terms of pets. The increasing demand for
dogs in ad campaigns and films has supplemented their adoption. The various
benefits imparted by dry dog food, such as lesser moisture content, high
suitability, and cost-efficiency, are further driving the market growth.
Depending on the pet type, the dog is anticipated to sustain
its dominance throughout the forecast period. Dogs are the most prominent pets
than fish, birds, cats, and other animals. The rising adoption of dogs,
primarily among youngsters, is supplementing the India Pet Food Market Size.
In accordance with the Distribution Channel, specialty
stores are anticipated to expand at a faster compound annual growth rate over
the forecast period. The existence of different pet food brands under one roof
is encouraging individuals to procure pet food products from specialty stores.
Moreover, alluring discount offers and convenient modes of payment are further
promoting market growth.
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Dry dog food
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Wet dog food
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Dog treats
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Dry cat food
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Wet cat food
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Cat treats
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Others
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Online
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Supermarkets/hypermarkets
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Specialty stores
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Others
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Dog
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Cat
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Others
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Research
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challenges, and restrains to help them in making a judicious decision.
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