India Solutions Blog Solutions Education Politics Health Technology LifeStyle World Business Stocks Sports Entertainment Videos

Dec 21, 2023

Pandemic puppies power pet care business boom

Lockdown loneliness during the pandemic has led to a surge in pet parenting in nuclear families, resulting in the rapid growth of India's pet care industry. Pet adoption has increased across metros as well as tier-2 and -3 cities, driven by factors such as rising disposable incomes, changing lifestyles, and increased knowledge of the benefits of pet ownership. Furthermore, the increasing number of Gen Z and millennial pet owners has fueled the demand for innovative and high-quality pet care solutions. This trend is expected to continue, with the pet population in India projected to grow at a CAGR of 9.2% between 2022 and 2027.

from Times of India https://ift.tt/IJkuiPB