According to pet food processing equipment market, global trends and forecast, 2016-2022, a market research report commissioned by fpsa, there are several key urbanization — rapid urbanization is particularly driving demand in growing economies, such as china, brazil, argentina, and india pet. India: revenue in the pet food segment amounts to us$331m in 2018 the market is expected to grow annually by 150% (cagr 2018-2021) the pet food segment covers food for dogs and cats, as well asl feed products for other house pets such as rodents and reptiles. Market outlook of the global pet food marketthe global pet food market is expected to witness steady growth at a cagr of around 5% during the forecast. Pet food is the fastest growing area when we talk about indian pet industry because pet owners have lack of time, they prefer commercial pet food over homemade food for their pets in the words of vijyendra thapliyal, owner at pets world, a prominent pet food company based in noida- the trend of. The global pet food market is driven by factors such as rising trend of nuclear families, rapid humanization of pets, and increased awareness about pet health the asia-pacific region is endowed with mature markets, such as australia and japan and has emerging markets such as china, india, thailand, and others. According to india international pet trade fair (iiptf), the pet population in india has grown from 7 million in 2006 to 10 million in 2011 on an average 600,000 pets are adopted every year and techsci research report, “india pet food market forecast & opportunities, 2019”, projects that the indian pet.
The global retail market for dog and cat food continues to global trends page 3 global pet food manufacturers are responding to consumer demand for better quality and healthier products as pet owners in a growing number of markets now believe that the such as india and china, present huge opportunities. Global pet food market: snapshot europe has emerged as a prominent market for pet food across the world, thanks to the increasing number of pet owners in this region the rising trend for nuclear family and the high disposable income of consumers have been leading to a positive growth of the europe market for pet. Imarc's latest study “pet food market: global industry analysis, share, size, growth, trends, opportunity and forecast 2018-2023” provides a techno- commercial roadmap for setting up a pet food manufacturing plant the study covers all the requisite aspects of the pet food market this ranges from macro overview of the. India has a large number of pet dogs and cats in fact, a recent survey concluded that there are 36 million pet dogs in the six major cities alone indian market: waiting to be tapped the indian pet foods market is a young, growing market and there are a few major players that pet food and pet care products: forecast.
According to techsci research report, “india pet food market forecast & opportunities, 2019,” the indian pet food market is projected to surpass us$270 million by 2019 dog food segment is expected to continue its dominance as the largest revenue contributor, followed by cat and fish food segments. In line with this trend, manufacturers have been introducing different specialised products, especially in pet food for example, farmina discover the latest market trends and uncover sources of future market growth for the pet care industry in india with research from euromonitor's team of in-country analysts find hidden. On an average, 600,000 pets are adopted in india every year the pet population has grown by more than 3 million in a period of 3 to 4 years with a rise in dog ownership, market data forecast predicts india to be the fastest growing global pet market which would also make it a fast-growing pet food. “the pet food industry in india shows huge potential and is expected to double in size in the next five years,” says purina in india “with the launch into the indian market, purina will two trends are driving this: rising incomes and changing family lifestyles “we are going through a small revolution in india,.
India pet food reports: our 2018 india report include trends, statistics, opportunities, sales data, market share, segmentation projections on the pet food market page 1. Italy $26bn spain $15bn cz $325mm greece $150mm brazil $5bn india $200mm canada $3bn japan $6bn australia $2bn china $13bn russia $15bn south africa $300mm argentina $1bn global pet food market ~ +4% yoy ~$70bn source: gfk pet retail panel data & gfk estimate. Global pet food industry outlook of the 12 broad factors covered in packaged facts/watt publishing's global pet food industry survey, new product trends tops with pet food markets in australia/new zealand (48%), eastern europe ( 47%), north africa/middle east (39%), india/pakistan (33%), and south/central africa.
Discover the latest market trends and uncover sources of future market growth for the dog food industry in india with research from euromonitor's team of in- country analysts find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your. This month's market review looks at the global pet food market however, in terms of sheer volume sales, mexico and brazil offer more immediate prospects, with reasonable growth rates forecast in more established markets goodbye korma - why indian street food is the next big thing in ready meals. On an average 600,000 pets are adopted every year with dog ownership in india rising, euromonitor international has projected india to be the fastest growing global pet market, and the rising pet ownership rates are driving demand for pet food, health products, and pet accessories the indian pet market is now.
Rockville, md, dec 13, 2017 /prnewswire/ -- looking ahead to 2018 and beyond, the outlook for the pet food market remains promising the market is benefitting from several key drivers, including the same millennial- and ecommerce-related factors that are bolstering so many other segments of the. The forecasted market size for dog and cat food in india in 2016 was $103m see some interesting facts in this site: iiptf this obviously doesn't account for pet care, grooming, pet health, and splurging on your pets lets do the simple math assuming 8m pets in india, lets take the frequencies as follows: pet care:. India pet food market analysis offers latest trends, growth factors, industry competitiveness, top players, value/supply chain, porters framework analysis, industry stats, india pet food market forecast to 2022.
According to the recently published india pet food market forecast and opportunities, 2019, the pet care and food market in india is projected to cross $270 million by 2019 globally, wagcom (acquired by amazon), zoopplus ( europe), and petsathome have been successful vertical plays in the pet care. Organic pet food market size, industry analysis report, regional outlook (us, canada, mexico, uk, germany, france, italy, china, australia, india, japan, indonesia, argentina, brazil, saudi arabia, uae, kuwait, south africa), application development potential, price trends, competitive market share & forecast, 2017. India pet food market stood at $ 22557 million in 2016, and is projected to grow at a cagr of over 18%, in value terms, during 2017-2022 to reach $ 64266 mil.