India Pet Market Industry Trends & Forecast Report, 2031
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Pet Market size by value at USD 861.46 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Pet Market size to boom at a robust CAGR of 16.70% reaching a value of USD 2,539.41 million by 2031. The Pet Market in India is driven by rising pet ownership, increased urbanization, and growing disposable incomes. The trend of pet humanization, with pets considered family members, boosts demand for premium pet food, grooming, and healthcare products. Expanding e-commerce and pet-focused startups enhance accessibility to pet products and services. Additionally, growing awareness about pet nutrition, veterinary care advancements, and the influence of social media in promoting pet adoption and lifestyle contribute to the market growth.
Opportunity – Expansion of E-commerce Platforms
The rapid expansion of e-commerce platforms in India is significantly propelling the growth of the pet market. Online marketplaces, such as Amazon, Flipkart, and pet-specific platforms like Heads Up For Tails and PetKonnect, offer a wide array of pet products, from food and grooming supplies to accessories and healthcare items. The convenience of online shopping, competitive pricing, doorstep delivery, and access to premium and niche products are attracting pet owners nationwide. Additionally, digital platforms facilitate subscriptions for regular pet supplies and provide access to veterinary services and pet care advice. The deepening internet penetration, smartphone usage, and the adoption of digital payment methods are further bolstering the e-commerce channel, enhancing market accessibility and growth.
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Pet Food Segment Dominates India Pet Market
The pet food segment holds the largest share of India Pet Market. The growing trend of pet humanization, increasing awareness of pet nutrition, and the convenience of packaged and ready-to-eat pet foods contribute significantly to this dominance. Pet owners are increasingly opting for premium and specialized diets, including breed-specific and age-specific foods, which further boosts this segment. The rise of e-commerce and pet specialty stores also enhances the availability and variety of pet food products. Additionally, the influence of Western culture, rising disposable incomes, and increasing adoption of pets among urban households contribute to the continued growth of the pet food segment in India.
Impact of Escalating Geopolitical Tensions on India Pet Market
Escalating geopolitical tensions could impact the growth of India Pet Market through supply chain disruptions, particularly for pet food, accessories, and healthcare products that rely on imports. Fluctuating exchange rates may lead to higher costs for imported goods, affecting pricing strategies and consumer purchasing power. Geopolitical instability can also influence raw material availability, leading to potential shortages or delays in manufacturing pet products domestically. Additionally, shifts in trade policies and tariffs could alter market dynamics, with businesses needing to adapt sourcing strategies. However, the strong domestic demand for pets and pet-related products, driven by the increasing pet humanization trend, may cushion the market to some extent, encouraging local production and innovation to reduce dependence on international supply chains.
Competitive Landscape
India Pet Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Mars Petcare, Nestlé Purina, Royal Canin, Pedigree, Himalaya Herbals, Drools, Farmina Pet Foods, Arden Grange, Me-O, Whiskas, and Petmate. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in India Pet Market.
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