Pet Food
Image Source - Open Pet Food Facts The Indian pet food market is expanding due to factors like rising pet ownership, increasing disposable incomes, and the humanization of pets. The market offers a variety of food types, including dry food, wet food, treats, and veterinary diets, catering to different pet needs. Swiss consumer goods giant Nestle has a large pet care business, including pet food, operating under the Purina master brand. Purina accounted for about 20.7% of Nestle's total sales in 2024. Companies like Godrej Consumer Care have also recently entered the Indian pet care market. Nestle has acquired a minority stake in Drools, an Indian pet food startup. Drools, a Bengaluru-based company, is valued at $1 billion post-investment, making it a unicorn startup. Nestle's investment is financial, and Drools will maintain its strategic and operational independence. Nestle's investment in Drools comes amidst a surge in growth within India's broader pet food and pet...