Pets are becoming big business in India, a country of more than a billion, and industry figures said they see no slowdown in annual growth of 10 to 15%, according to an article by the French Press Agency (AFP) .
India's pet industry is valued at around US$45 million annually, according to research firm Euromonitor , still a minnow when compared to the annual US$40 billion of the US market.
"This is still a very virgin market for pet products, but it's growing well, there's so much demand," said J. Prakash, owner of VS Associates, a pet products importer.
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.