International Edition
1) Pet food- covers 2/3 of
the market. Major players
being Mars International
and Royal Canin India.
Royal Canin manufactures
and supplies both dog and
cat food across the globe;
whereas Mars International
manufactures pet food
under its global brands
Pedigree and Whiskas.
Th e average selling price
of snack treats and food
being the highest in the
Asia Pacifi c. According to a
recently published research
document by TechSci
Research Report, 'India Pet
Food Market Forecast &
Opportunities, 2019', the
Indian pet food market is
projected to surpass USD
270 million by 2019.
2. Pet accessories- just as
people are fond of dolling
up themselves, they want
the same for their pet.
Cute is the trend which
never ceased from people’s
mind. Th ey want their pet
to always look adorable. A
research report says that
"Th e Global Pet Accessories
Market is poised to grow
at a CAGR of around 6.2%
during the forecast period
2015 to 2025.” People
purchase pet bowls, collars,
pet beds, diff erent styles
of clothes/costumes, leads
and harnesses custom
made for not harming the
pets’ ears from music, toys,
strollers and the list can
2019
be never ending. Th e main
global players are Bayer,
Ferplast, Petsafe and Hartz
Mountain. Th ere are others
as well, you can look for
them online.
3. Pet grooming- people
are opting for luxury for
their pets. 80% of the pet
parlours have a plethora
of grooming services that
human parlours have.
Such as, body massage,
pedicure, nail clipping
and art, spa, hair styling
and what not. Th ere are
known companies such
as Johnson's Veterinary
Products and Fresh n
Clean which produce pet
grooming products. You
can look for other pet
grooming products online
if you wish to use them at
home on your own.
4. Pet health care- as youth
is getting more urbanised
and modernised, they want
better quality in pet health
care. Th ey do not wish to
compromise anywhere.
Companies like Zoetiss,
IDEXX Laboratories,
Henry Schein (HSIC) etc
have been rigourously
researching on vet health
care and producing
medicinal remedies for pets.
Another study by Euromonitor
International said that the
Indian pet-care market has
increased by more than double
from US$77 million to
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Creature Companion | • Noida