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INDIA'S PET HEALTHCARE MARKET TO DOUBLE BY 2029
BW Businessworld
|April 06, 2024
With only 30 per cent access to quality pet healthcare presently, MaxPetZ's CEO, Arun Vasudevan, believes there is ample room for expansion, positioning the sector for robust growth
In a recent interview with BW Businessworld, Arun Vasudevan, CEO of MaxPetZ, emphasised the rising demand for quality pet healthcare across India. He highlighted challenges like limited access to advanced care and a shortage of skilled vets. Vasudevan also noted increasing investor interest, expecting the pet healthcare market to grow at a CAGR of 12-14 per cent over the next decade. With only 30 per cent access to quality care currently, he sees significant growth potential, especially with government efforts to regulate the sector and promote pet health insurance.
Staying Abreast with Evolving Trends in Pet Healthcare
This story is from the April 06, 2024 edition of BW Businessworld.
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