Pet Food Market: Comprehensive study explores Huge Growth by Leading Key Players Doggie Dabbas, Pedigree, Royal Canin

HTF Market Intelligence released a new research report of 35 pages on title 'Pet Food Market in India 2017' with detailed analysis, forecast and strategies. The study covers important players such as Gitwako Farms (I), Mars International India, Doggie Dabbas, Khanal Foods

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The burgeoning middle and upper class population, increasing pet ownership, along with increased awareness about pet health has given rise to the pet food market in India. According to HTF research, the pet food market in India is expected to grow at a CAGR of 19.2% to reach INR 43.5 trillion from its value of INR 15.2 trillion in 2016.

The dog food segment contributes the most to the pet food revenue compared to other pet foods such as cat and fish food. Pedigree and Royal Canin are the most preferred brands among pet owners.

Key growth factors
There has been a paradigm shift towards pet diet, health, and grooming. With changing lifestyles, pet owners are willing to spend more on quality pet products, such as ready-to-eat food and treats to provide healthy nutrition to their pets. India has also witnessed a rise in pet adoptions, which has led to subsequent increase in demand for pet food. Social networking sites have also played a key role in boosting pet adoption and indirectly giving a push to the pet food market in India. Pet food in India is easily available in physical as well as in online stores.
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Threats and key players
With the implementation of the Goods and Services Tax (GST) the prices of pet food, including imported and Indian brands, have become more expensive. Pet food packs, which were earlier charged at around 14.5% VAT/CST, now attract 18% GST. While imported pet food will cost the same, Indian brands might need to increase prices to mitigate the tax burden.

What's covered in the report?
Overview of the pet food market and market size data for the period FY 2014 to FY 2022
Trade analysis of pet food in India
Qualitative analysis of the major drivers and challenges affecting the pet food market
Analysis of the competitive landscape and profiles of major public and private players operating in the market
Key recent developments in the Indian pet food market
Future outlook for the Indian pet food market

Why buy?
Get a broad understanding of the pet food market in India, the dynamics of the market and the current state of the industry
Devise market-entry strategies by understanding the factors driving the growth of the market
Recognize major competitors' business and market dynamics, and respond accordingly
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Companies Mentioned in the Report
Public Companies
Venky's (India) Ltd.

Private Companies
Agro Food Industries Pvt. Ltd., Avanti Overseas Pvt. Ltd., Bharat International Pet Foods Pvt. Ltd., Cuddleup Diet Products Pvt. Ltd., Frigorifico Allana Pvt. Ltd., Gitwako Farms (I) Pvt. Ltd., Mars International India Pvt. Ltd., Doggie Dabbas, Khanal Foods Pvt. Ltd.

Slide 1: Executive Summary
Socioeconomic Indicators
Slide 2: Total Population (2010-2011 - 2019-2020), Population Density (2010-2011 - 2019-2020)
Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 - 2019-2020)
Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020)
Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011)
Slide 6: GDP at Market Prices (2012-2017), FDI (2012-2016), Inflation Rate (2011-2017), Unemployment Rate (2012-2016)
Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2016)
Market Overview
Slide 8: Market Definition & Structure
....Continued

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