India Pet Care Market Outlook, 2022: Market is Expected to Grow at a CAGR of 20% - Food, Accessories, Grooming & Healthcare
Jan 18, 2018, 07:15 ET
DUBLIN, Jan. 18, 2018 /PRNewswire/ --
The "India Pet Care Market Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.
India pet care market is expected to grow with a CAGR of more than 20% in the forecasted period of FY 2017-18 to FY 2021-22. The market is categorised into four segments i.e. pet food, pet accessories, pet grooming and pet healthcare.
Pet food is the major segment in India capturing more than two-third of the market revenues whereas pet accessories, grooming and healthcare are growing rapidly into urban markets. The nation is characterized with a monetarily strong middle class, making the economic pricing segment an important revenue generator. India pet care market is dominated by foreign brands, namely Mars International and Royal Canin India. Mars International is engaged in manufacturing of pet food under its global brands Pedigree and Whiskas. Royal Canin India manufactures and supplies dog and cat foods worldwide.
The company produces more than 40 types of dry dog food and 20 types of dry cat food, developed for a variety of ages, weights, sizes and other factors. Many new entrants are expected to jump on the bandwagon looking at the greater potential of this industry. In coming few years, India is also expected to become a major exporter of pet related products and accessories.
The hectic and tiresome lifestyles developed due to modernization has made most urban dwellers time-handicapped, leading to an increased preference for commercial packaged pet foods. In line with most nations the dog and cat foods occupy the most dominant position. Due to certain social and cultural constrictions in India, dog populations vastly outnumber that of cats. Pets are not only a companion in India, but are also becoming a style statement for pet owners. They care about how their pet look and thus grooming products are well accepted by pet owners.
Well-groomed attractive pictures of pet shown by numerous pet magazines have also contributed towards the demand and spending for pet grooming products. There are various e-stores that offer accessories starting from basic ones to the most stylish and luxurious. With increasing awareness about the good health and well being of pets, pet healthcare segment is also expanding.
Covered in the Report:
- Pet Food
- Pet Accessories
- Pet Grooming
- Pet Healthcare
Key Topics Covered:
1. Executive Summary
2. Global Pet Care Market Outlook
2.1. Market Size By Value
2.1.1. Overall Market
2.1.2. North America Pet Care Market
2.1.3. Europe Pet Care Market
2.1.4. Asia Pacific Pet Care Market
2.2. Market Share
2.2.1. By Company
2.2.2. By Country
2.3. Global Pet Food Market Outlook
2.4. Global Pet Accessories Market Outlook
2.5. Global Pet Grooming Market Outlook
2.6. Global Pet Healthcare Market Outlook
3. India Pet Adoption, Types & Life Span Analysis
4. India Pet Care Market Outlook
4.1. Market Size By Value
4.2. Market Share
4.2.1. By Company
4.2.2. By Segment
4.2.3. By Pet Adoption Type
4.3. India Pet Food Market Outlook
4.3.1. Market Size By Value
4.3.2. Market Share
4.3.2.1. By Product Type
4.3.2.2. By Pet Type
4.4. India Pet Accessories Market Outlook
4.5. India Pet Grooming Market Outlook
4.6. India Pet Healthcare Market Outlook
5. India Economic Snapshot
6. Market Penetration
7. PEST Analysis
8. Policy & Regulatory Landscape
9. Trade Dynamics
9.1. Import
9.2. Export
10. Channel Partner Analysis
11. India Pet Care Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends & Developments
12.1. Rising Demand for Organic Pet Food
12.2. Boost in Online Marketing
12.3. Pet Owners Increasingly Seeking Professional Services
13. Competitive Landscape
13.1. Porter's Five Forces
13.2. Company Profiles
13.2.1. Mars International India Private Limited
13.2.2. Venky's (India) Limited
13.2.3. Royal Canin India Private Limited
13.2.4. Indian Broiler Group
13.2.5. Gitwako Farms India Private Limited
13.2.6. Bharat International Pet Foods Private Limited
13.2.7. Agro Food Industries
13.2.8. Champion Pet Foods
13.2.9. Provimi Animal Nutrition India Private Limited
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/7f76w9/india_pet_care?w=5
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