India’s Growing Pet Market: Dominated by Dogs, Set for Major Expansion by 2029

India’s pet population is growing, with 43% of respondents in a TGM survey reporting pet ownership, primarily dogs (63%) and cats (42%). Dogs dominate the pet product market, making up 92% of sales in 2022, with dog food sales reaching US$562.7 million and projected to grow to US$1.76 billion by 2029. The overall pet product market is expected to grow from US$850 million in 2024 to US$1.87 billion by 2029, led by companies like Mars Petcare, which holds a 35% market share, along with Charoen Pokphand, Colgate-Palmolive, and others.