India: Companion Animals Population 2019 -2020

One segment that has managed to buck the trend - even during Covid 19 driven slowdown - and actually gain from this adversity is companion animals’ segment. Lockdown triggered an increased adoption of pet animals as people remain largely indoors and need for companionship grew.

There have been reports of increased pet adoptions across major cities of India, which is reflected in the impressive growth rates this segment continues to witness.

While growth rates remain very impressive, however, overall the segment's contribution to AH Industry remains small compared to many developed countries on account of lower priced products.

A number of home grown marketing and distribution companies are leading the growth and further expansion of this attractive segment.

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Animal Health Industry in India
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