Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
Analysis of revenue contributions from different manufacturers in the market.
Grain-Free Pet Food Market Definition
The grain free market is growing significantly due to the rising concern of pet owners about the harmful effects of grains on pets. The rising cases of pet allergies, digestive issues, and food sensitivity have driven grain free food demand by pet owners. It has replaced food such as corn, soy, and wheat with other substitutes of carbohydrates like peas, sweet potatoes, lentils, and potatoes. There are several grain free formulas available in the market which are high in protein and added with various other nutritional benefits to pet health.
Retail sales of pet food in India has increased significantly in CAGR by 20.7% from US$245.4 million in 2018 to US$629.6 million in 2023 and is expected to further improve with an increase in CAGR of 15.0% as retail sales are anticipated to reach US$1.3 billion by 2028.
In India Mars Inc. and Indian Broiler Group were the two leading companies in 2022, representing a combined market share of 66.9%. In 2022, Mars International India PVT LTD led sales accomplishing worth US$281.5 million.
The growing e-commerce sector has also influenced this grain free pet food market significantly. It has made these foods accessibility easy for consumers which has widened the market with more enhancement in the quality of the supply.
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