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PETS International Country March 2010

“The greatness of a nation and its moral progress can be judged by the way its animals are treated,”
said Mahatma Gandhi, a statement to which Indians seem to be paying great heed of late. With the
ever-evolving mindset of Indians regarding their pets, not only is a more pet-inclined environment
coming to the fore in the country, but an increasing number of people are also acknowledging that
pets are worth spending one’s hard earned money on, just like one would on his or her own children.

AFFLUENT OWNERS DRIVING INDIAN PET MARKET

The rising middle class stimulates pet


By: Rutaksha Rawat

Owing to an accelerated level of phenomenal untapped potential for the pet Insurance
pet adoptions and an increase in industry at large is exceedingly apparent. Pet insurance is another concept that is
interest in animals in general over With 2.773.2 million rupees (Rs) (€42.8 catching on in the big cities as people who
the last decade, remarkable million - $59.56 million) in retail value and a spend fortunes on the acquisition of exotic
changes in pet product trends, pet 15-20% annual growth, like many sunrise pets and unique dog breeds want to ensure
care, domestic policies on pets, as industries in the country, this vertical market that their investments are secure. Ranges of
well as veterinary and pet-related is on a steady incline and is expected to chic pet couture are lavished upon dogs and
cosmetic products and services in grow further in years to come. If industry cats by fashion-conscious owners, inciting
the Indian pet industry have been estimates are to be believed, the Indian pet the spawning of various pet boutiques, pet
witnessed. food market is projected to have crossed the grooming centres, pet spas, et cetera.
50,000 tonne mark and it is estimated that
The middle class and a booming pet 30% of this market comprises imported Events
market products. Pet fairs like the India International Pet Trade
As education and economical strength Fair (IIPTF) aspire to ignite the fire that lies in
deliver more and more people into the folds The changing consumer wait within the Indian pet market by
of middle class comfort, millions are crossing While in earlier times pets in India were providing a podium to importers, exporters,
the barriers of financial insecurity. With perceived as loved but ‘animal’ parts of the manufacturers, retailers and distributors
changes in lifestyles, economic growth and household, they are now considered within the pet industry to congregate under
expanding disposable incomes, the middle indispensable and estimable members of one roof, interact, discuss, network and forge
class (a majority of the population) in India is the family. Affluent, doting pet owners in important business relationships. The IIPTF
indulging in newfound pleasures like India want nothing but the best for their not only acts as a trade event between
international vacations, high- end shopping, creature companions. Whereas before, different countries but also between various
fine dining, club memberships and all the people would leave their pets behind with a segments of the pet industry.
other leisurely activities that represent ‘the grudging neighbour or relative when they
good life’ in other parts of the world. A would leave on vacation, now they have The publishing industry is also jumping on
growing trend noticed in Indian middle class solution providers like www.petvacations.in board the growing trend towards pet
(and above) behaviour is the change in its and www.petfly.in, to facilitate pet travel and adoption. While there are a few magazines
treatment of its pets. holidaying for them. dedicated to dogs and/or cats only, the
granddaddy of them all is Creature
+20%
+20%

According to Euromonitor Gone are the days when Indians would Companion magazine that covers all species
+20%

International, there are perceive pet foods as items of indulgence to of animal companion – dogs, cats, small
+20%

currently 8,699,300 pets in be purchased only when ‘Tommy’ had been animals, rodents, fish and birds. They also
India and this number grows an especially ‘good boy’. Now, enthusiastic carry articles about the Indian pet industry.
2010*

2011*
2008

2009

every year by 26%. Given the Indian pet owners throng pet stores Creature Companion is a bi-monthly and
* estimates
country’s overwhelmingly regularly to purchase pet food and treats as circulation is India-wide.
large human population of approximately staple diets for their pets. The pet food
1.15 billion people and their growing market in India is rife with international as
inclination towards pet adoption, India’s well as domestic brands.

78 www.petsinfo.net
March 2010 Country PETS International

I N D I A

ownership
• The total pet population in the country in
2009 was 8.699.300. This number is
increasing by 26% every year;
• Total pet expenditure on dog and cat food
in 2009 amounted to Rs 1.721.8 million
(€26.6 million - $36.97 million).

Old dogs, new tricks


Here are some of the latest luxuries ‘well to
do’ Indian pets are availing of
• Air travel
• Pet insurance The more, the merrier!
• Premium pet apparel and accessories 2008 2009
• Luxury pet toiletries Pet population in India 8,157,500 8,699,300
No PETty Matter This! • Pet-friendly resorts Dog and Cats 7,602,200 8,121,000
• The retail value of the Indian pet market • Pet spas Dogs 6,824,400 7,296,800
currently stands at Rs 2.773.2 million • Pets-only resorts Small dogs 2,725,900 2,991,700
(up to 20 lbs or 9 kg)
(€42.8 million - $59.56 million) and is • Pet fashion shows Medium dogs 1,213,900 1,240,500
expected to reach Rs 4.827.5 million • Pet camps (20 to 50 lbs or 9 to 23 kg)
(€74.6 million - $103.68 million) by 2014; • Pet dating websites Large dogs 2,884,600 3,064,600
(over 50 lbs or over 23 kg)
• It is experiencing a steady 15-20% • Pet perfumes and colognes
Cats 777,700 824,200
annual growth, year after year; • Pet Magazine subscriptions
Other pets 555,300 578,300
• The Indian pet food market is projected to
Birds 120,400 124,600
have crossed the 50,000 tonne mark; Fish 367,300 385,700
• Changes in lifestyles, mindsets, economic Small mammals/reptiles 56,200 68,000
growth and amplified disposable Small mammals 11,400 56,500
incomes of Indians have and will Reptiles 67,600 11,600
continue to lead to an increase in Source: Euromonitor International
pet adoptions;
• Those people with pets are
taking better care of their pets
and spending more on them;
• Only 30% of the products are
imported, representing a largely
untapped market;
• Reduced import duties on premium
pet products (from 40% to current
30%) are encouraging trade;

www.petsinfo.net 79

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