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HOW INDIA'S PET CARE BOOM IS CREATING NEW AVENUES FOR SMALL BUSINESS OWNERS
Southern Mail Newspaper
|May 18, 2025
Explore the rise of India's pet care industry, from ₹100.43 crore in funding, eligible MSME schemes, business opportunities, and startup trends in grooming, food and wellness.
The pet care industry in India is growing rapidly. Market intelligence platform Tracxn reports that India's pet care startup sector secured ₹100.43 crore in funding during 2019-24. Funding peaked in 2021 at ₹47 crore across 13 rounds. In 2024, it stood at ₹14.4 crore. The sector is projected to clock annual revenue of around ₹996 crore.
The country has witnessed rising awareness about animal health and wellness. As demand for pet grooming, nutrition, and healthcare surges, the sector is a fertile ground for entrepreneurship. Aspiring business owners can tap into this market to establish small startups or premium wellness brands.
Governments recognise and plan to support the sector's growth. In 2023, Karnataka's Large and Medium Industries Minister, M.B. Patil, said that the State government was committed to supporting initiatives that promote research, education, and dissemination of best practices in the pet industry. He observed that the pet industry is likely to be worth around ₹20,000 crore in India by 2025.
Bu hikaye Southern Mail Newspaper dergisinin May 18, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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