The India pet food market is projected to grow significantly, from USD 843.89 million in 2024 to USD 1.98 billion by 2030 at a CAGR of 15.37%, driven by increased pet ownership, urbanization, and rising disposable incomes. This growth is further fueled by a shift towards natural, organic, and premium pet food products, as Indian pet owners increasingly prioritize health-conscious and specialized diets for their pets. Trends like pet food premiumization and humanization, where products mirror human dietary preferences such as grain-free or paleo diets, are becoming prominent. E-commerce has also expanded market access, offering convenience and broader product choices, with digital marketing strategies enhancing brand engagement. The dog food segment is experiencing particularly rapid growth.
Key market players include Mars International India Private Limited, Nestlé India Limited, Himalaya Drug Company Private Limited, Drools Pet Food Private Ltd, Venky’s (India) Limited, Goa Medicos Private Limited (Farmina), AOV Agro Foods Pvt. Ltd, Bharat International Pet Foods Private Limited, Orange Pet Nutrition Private Limited, and Hausberg Private Limited (Canine India).
Advertisement
