Press release
India Pet Food Market Size, Industry Growth and Insights Report 2023-2028
How Big Is the India Pet Food Market?The India pet food market is projected to exhibit a growth rate (CAGR) of 9.50% during 2023-2028. The changing socio-economic landscape, increasing disposable income, rising awareness about pet nutrition, increasing interest in healthier and eco-friendly pet food options and the growing e-commerce sector represent some of the key factors driving the market.
What is India Pet Food?
Pet food refers to specially formulated nutritionally balanced meals intended for the consumption of domestic animals, primarily cats, and dogs. It is created to meet the dietary requirements of pets and is available in various forms, including dry kibble, canned wet food, semi-moist treats, and even raw diets. It is essential to provide a convenient and nutritionally complete solution for pet owners to ensure their pets receive the necessary nutrients for optimal health. It is designed to provide a balanced combination of proteins, carbohydrates, fats, vitamins, and minerals necessary for the specific needs of each animal and its life stages. It is easy to digest and ensures that the nutrients are absorbed efficiently in the bloodstream, promoting optimal health of pets and minimizing waste. It supports the immune systems, growth, and energy levels of pets, contributing to their overall well-being and extending their lifespan. It also helps to prevent various health issues, such as obesity, diabetes, and dental problems, which can arise from poor diet choices. Furthermore, as it offers convenience and consistency, ensuring pets receive consistent nutrition even if their owners have busy schedules, the demand for pet food is rising in India.
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Global Industry Trends and Drivers:
At present, the increasing demand for high-quality pet foods that support the energy levels and overall vitality of pets, enabling them to lead active and engaging lives, represents one of the crucial factors impelling the market growth in India. Besides this, the rising awareness about the importance of a well-balanced diet for reducing the risk of various health conditions and supporting the long-term health of pets is contributing to the growth of the market. In addition, the growing perception of pets from traditional working animals to cherished family members is offering a favorable market outlook in India. Apart from this, the increasing number of e-commerce platforms selling various types of pet foods which can be customized according to the specific dietary needs of pets is supporting the growth of the market. Additionally, the rising demand for natural, organic, and functional pet food products that offer benefits, such as improved digestion, joint health, and weight management is strengthening the growth of the market in India. Moreover, the increasing adoption of effective marketing strategies by pet food manufacturers to connect with their target audience and boost their sales is propelling the growth of the market. Furthermore, the rising expansion of veterinary services and increasing emphasis on responsible pet ownership are bolstering the growth of the market in India.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Pet Type Insights:
Dog Food
Cat Food
Others
Product Type Insights:
Dry Pet Food
Wet and Canned Pet Food
Snacks and Treats
Pricing Type Insights:
Mass Products
Premium Products
Ingredient Type Insights:
Animal Derived
Plant Derived
Distribution Channel Insights:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
Regional Insights:
South India
North India
West and Central India
East India
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=9857&flag=C
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