The India companion animal health market size reached USD 895.60 Million in 2024 Looking forward, IMARC Group expects the market to reach USD 1,695.63 Million by 2033 exhibiting a growth rate (CAGR) of 7.40% during 2025-2033 The growing adoption of pets and rising awareness about veterinary care are catalyzing the demand for vaccinations and preventive treatments. Besides this, the India companion animal health market share is driven by escalating demand of pet food and healthcare services, along with government initiatives like funding and regulations.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 895.60 Million |
Market Forecast in 2033 | USD 1,695.63 Million |
Market Growth Rate (2025-2033) | 7.40% |
Government Initiatives and Regulations
Government initiatives and regulations are significantly influencing the India companion animal health market outlook by improving healthcare standards and disease management. Authorities are implementing policies to enhance veterinary research, ensuring better treatment options for companion animals. Stringent regulations on pet vaccines and medicines are improving the quality and safety of healthcare products. Subsidies and funding for veterinary healthcare infrastructure are expanding access to quality treatment across urban and rural areas. In October 2024, Union Minister Shri Rajiv Ranjan Singh introduced a $25 million Pandemic Fund Project to enhance animal health security in India. Supported by the G20 Pandemic Fund, this initiative aims to improve disease surveillance, laboratory infrastructure, and cross-border collaboration, strengthening veterinary healthcare systems. Moreover, government-run awareness campaigns on responsible pet adoption and disease prevention are catalyzing the demand for veterinary services. Regulations mandating regular pet vaccinations and disease control programs are strengthening preventive healthcare measures nationwide. Policies supporting local pharmaceutical production are reducing dependence on imports, making veterinary drugs more affordable. Initiatives promoting veterinary education and training are increasing the availability of skilled professionals in pet healthcare. The introduction of pet insurance guidelines is encouraging pet parents to seek advanced treatments without financial burden.
Growing Awareness About Pet Healthcare
Pet parents are becoming more conscious of preventive care, leading to higher vaccination rates and routine check-ups. Awareness campaigns by veterinary organizations and pet care companies are educating pet parents about common pet diseases. Rising social media influence is spreading information on pet nutrition, grooming, and overall well-being among pet parents. Increased access to veterinary information online is encouraging timely medical intervention and better disease management for pets. Besides this, the growing concerns about zoonotic diseases are making pet parents more responsible about vaccinations and deworming. Expansion of pet wellness programs by veterinary clinics is promoting early diagnosis and preventive healthcare measures. Awareness about dietary supplements and functional foods is encouraging healthier pet nutrition choices among pet parents. The pet food market is also expanding, with Avanti Pet Care, a subsidiary of Avanti Feeds, introducing its Avant Furst cat food brand in the country. The company plans to launch dry, wet, and treat formats for cats and dogs by late 2025, addressing the rising demand for high-quality pet nutrition. Additionally, a modern pet food manufacturing facility is set to be established in Hyderabad, India, further supporting pet healthcare advancements. Educational initiatives by government and NGOs are promoting responsible pet adoption and better healthcare practices, strengthening the overall India companion animal health market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033 Our report has categorized the market based on type, product, distribution channel, and end use.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes dogs, equine, cats, and others.
Product Insights:
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes vaccines, pharmaceuticals (OTC and prescription), feed additives, diagnostics, and others.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes retail, e-commerce, and hospitals pharmacies.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes point-of-care/in-house testing, hospitals and clinics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Dogs, Equine, Cats, Others |
Products Covered |
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Distribution Channels Covered | Retail, E-Commerce, Hospitals Pharmacies |
End Uses Covered | Point-of-care/In-house testing, Hospitals and Clinics, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: