Indian dog food companies will likely see double-digit growth in sales in the current fiscal year with growth expected to continue in future years, according to an industry official.
"While the world petfood market is worth US$65.8 billion and registered a 4 percent growth, the Indian petfood market has been showing a rapid growth," said Awral Beri, the founder of Kennel Kitchen, a dog food brand of Gitwako Farms (I) Pvt Limited.
Beri said that according to the Pet Food Market Assessment 2013, the sector in India is experiencing double-digit growth, well ahead of the global market, which is expected to continue its rally in coming years.
Now is the time for packagers, producers, marketers and manufacturers to capitalize on the traveling with pets trend
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
As an industry, are we missing a huge opportunity to take advantage of another aspect of the human-pet bond?
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