Royal Canin: India to drive 30% of EM pet adoption growth over next 5 years
MD flags India as priority market growing 25% annually, with pet population near 39M and category sizing from $690M (2023) to $884M (2025). Royal Canin India revenue hit Rs 474 cr in FY25 (+5%) but profit fell 75% as Godrej, Reliance, Nestle-Drools and Wipro crowd the aisle.
What happened
Royal Canin MD says India will drive 30% of emerging-market pet adoption growth over five years. India is a priority market growing 25% annually; competition
Key facts
- 30% of EM pet adoption growth
- 85% global increase from emerging markets
- India ~1% of Royal Canin global business
- market $690.5M (2023) to $884.4M (2025)
- pet population ~39M in 2025
- Royal Canin India revenue Rs 473.84 cr FY25 (+5% YoY)
- net profit Rs 2.21 cr (-75%)
- growing 25% annually
- EUR 12M (~Rs 100 cr) packaging investment
- 7 distribution centres
- 135 recipes, 230-240 SKUs in India
- global revenue $6-7B
- Drools valued >$1B
- $100M+ pet-tech funding 2021-23
- Rs 35,000 cr market projection
Why this matters
With India sized to drive 30% of EM pet adoption growth and incumbents like Wipro, Reliance, and Godrej already deploying capital, the window for bolt-on acquisitions of regional pet food brands or D2C platforms is narrowing over the next 12-18 months.