In 2023, the export of dog or cat food from India stood at 11.1 million kilograms. The forecasted data from 2024 to 2028 show a steady increase in export volume. The year-on-year percentage variations indicate consistent growth: 2024 saw a 2.9% increase from 2023, 2025 is projected to grow by 2.7%, 2026 by 2.5%, 2027 by 2.4%, and 2028 by 2.3%. Over the last five years, the compound annual growth rate (CAGR) is approximately 2.6%.
Future trends to watch for include:
- Increasing demand for premium pet food due to rising pet ownership and humanization of pets
- Expansion into new export markets driven by improved trade agreements
- Potential impacts of global economic conditions on pet food spending
- Technological advancements in pet food production enhancing quality and variety