A new market report about the petfood market in India was released from companiesandmarkets.com.
It begins with a market overview, which says the market in India is currently worth about INR 876 million (US$18.8 million). The report also offers an analysis of key trends and factors affecting industry growth, such as increasing pet ownership, increasing consumer awareness and increasing promotional activities. The competition section provides an overview of the Indian competitive petfood market with profiles of major domestic and foreign players. The greatest challenge identified in the report is high import duties combined with frequent import bans.
The full report can be purchased online.
