Indian petfood market set to grow

With over 20 million dogs, the Indian petfood market is growing at a compound annual growth rate (CAGR) of 13.9% and will be worth USD$?430 million by the end of 2020. With rapid urbanisation and an increase in nuclear families across the country, more and more people are keeping dogs as pets. As a result, many petfood, pet pharmaceuticals, grooming, toys and accessories companies have been recording growth. According to one estimate, India is home to 20 million pet dogs and this number is grow