India Pet Food Market (2020-2026) | Size, Share, Outlook, Revenue, Analysis, Forecast, Trends, Growth & COVID-19 IMPACT

India Pet Food Market Size & Growth Rate

India Pet Food Market is projected to grow at a CAGR of 12.3% during 2020–2026, driven by rising pet adoption, urbanization, nuclear family structures, and growing disposable incomes. Demand is shifting from homemade meals to packaged, premium, and natural pet food products.

India Pet Food Market report thoroughly covers the market by product types, pet types, ingredient types, distribution channels, and regions. The India pet food market outlook report provides an unbiased and detailed analysis of the ongoing India pet food market trends, India pet food market share, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest 2023 Development of the India Pet Food Market

India Pet Food Market had been experiencing steady growth in recent years primarily due to an increasing number of pet owners opting for packaged pet food over traditional homemade food. Also, the market is expected to gain traction in the coming years by the changing lifestyles, rising disposable incomes, and a growing awareness of maintaining pet health. Apart from this, the major trend propelling the growth in the India pet food industry is the bourgeoning demand for natural pet food products. In addition to this, there has been an increasing availability of premium pet food brands in India that offers premium quality products for pets according to their dietary preferences.

The number of pet owners in India is growing rapidly due to the rising number of people with high disposable incomes. Nowadays, more and more people are choosing to keep pets, which is driving up demand for pet food. The growth of e-commerce platforms in India has made it easier for pet owners to access a wide variety of pet food products. However, the lack of proper regulations and standards for pet food manufacturing and marketing is hampering the India Pet Food Market growth. Additionally, the high cost of pet food products compared to traditional homemade diets can be a barrier for low incomes pet owners. 

India Pet Food Market Synopsis

India Pet Food Market is anticipated to register significant growth over the coming years owing to the rising adoption of pets in the country. An increase in the number of nuclear families, the rapid pace of urbanization, government initiatives for encouraging the adoption of pets, and the rising concerns for the healthy growth of pets are some of the potential drivers for the India pet food market in the years to come. Moreover, the growing premiumization coupled with an increase in the demand for enhanced quality pet food is anticipated to benefit the Indian pet food market to register a double-digit growth rate during the forecast period. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in overall market growth.

According to 6Wresearch, India Pet Food Market size is projected to grow at a CAGR of 12.3% during 2020-2026. Amidst the ongoing COVID-19 pandemic, the pet care industry is undergoing a major downfall owing to the dried-up offline sales backed by a complete lockdown across the country. However, the pet food segment of the overall India pet care industry is not much affected as pet food is under the essential category domain of the industry. The COVID-19 pandemic has thus, caused a sales dip in the India pet food market but not much as compared to the other domains of the pet care industry such as the pet accessories segment, which has been highly affected by the pandemic outbreak and the consequent shutdown of economic activities in the country during the past months.

Market Analysis by Pet Types

Based on pet types, the dog food segment is anticipated to dominate the revenues in the overall India pet food market in 2019 and in the forthcoming years owing to the increasing adoption of dogs as pets by the millennial population on the back of the rising diversity and power of dogs for security and companionship. Further, based on product types, the dry pet food segment of the overall India pet food market is anticipated to register the highest growth in the near future owing to increased shelf life along with ease of digestion of dry pet food such as biscuits and kibble and as a result, is anticipated to create the future of pet industry in India as well in the coming future.

India pet food market is estimated to gain traction in the upcoming six years on the back of the rising expansion of supermarkets and retail stores in the country. A supermarket is a clear indication of the easy availability of pet food and more and more footfall registered by the supermarkets each day along with deeper penetration of pet adoption is expected to assist the India pet food market to achieve positive growth in the forthcoming time. Additionally, on the basis of users, the high-income group is the major segment expected to contribute towards the growth of the India pet food market underpinned by the rising trend of adopting a pet in the house and as a result, has led to rising requirement for food containing high nutritional values which are estimated to spur the significant demand for pet food and would benefit the India pet food market in the coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• India Pet Food Market Overview
• India Pet Food Market Outlook
• India Pet Food Market Forecast
• Historical Data of India Pet Food Market Revenues for the Period 2016-2019
• India Pet Food Market Size and India Pet Food Market Forecast of Revenues until 2026
• Historical Data of India Pet Food Market Revenues, By Pet Types, for the period 2016-2019
• Market Size and Forecast of India Pet Food Market Revenues, By Pet Types, until 2026
• Historical Data of India Pet Food Market Revenues, By Product Types, for the period 2016-2019
• Market Size and Forecast of India Pet Food Market Revenues, By Product Types, until 2026
• Historical Data of India Pet Food Market Revenues, By Ingredient Types, for the period 2016-2019
• Market Size and Forecast of India Pet Food Market Revenues, By Ingredient Types, until 2026
• Historical Data of India Pet Food Market Revenues, By Distribution Channels, for the period 2016-2019
• Market Size and Forecast of India Pet Food Market Revenues, By Distribution Channels, until 2026
• Historical Data of India Pet Food Market Revenues, By Regions, for the period 2016-2019
• Market Size and Forecast of India Pet Food Market Revenues, By Regions, until 2026
• Market Drivers and Restraints
• Industry Life Cycle
• India Pet Food Market Trends & Evolution
• India Pet Food Market Opportunity Assessment
• India Pet Food Market Share, By Players
• India Pet Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Pet Types

• Dog Food
• Cat Food
• Bird Food
• Fish Food
• Others

By Product Types

• Dry Pet Food
• Wet Pet Food
• Snacks & Treats
• Others

By Ingredient Types

• Animal Derived
• Plant-Derived
• Others

By Distribution Channels

• Hypermarkets/Supermarkets
• Retailers
• Specialized Pet Food Stores
• Others

By Regions

• Eastern
• Western
• Northern
• Southern