Analysis and comparison of petcare in Indian markets and developed markets

Abstract

The pet industry can be considered to be one of the fastest-growing and most resilient market segments globally. As seen from the above chart, the USA and the other developed countries dominate the pet industry market. Be it per capital wise or in absolute terms. However, in the future, Emerging markets are slated to play a pivotal role in the evolution of global pet care. The pet care industry also follows the global trend in that as the global economy shifts to emerging economies, the pet care industry will also follow.