Indonesia Pet Care Market is Projected to Surpass US$ 5,372.8 Million by 2032

The global Indonesia pet care market is expected to surpass a valuation of US$ 5,372.8 Mn at a CAGR of over ~9.9% through 2032.

Pet humanization is a developing trend in which owners treat their dogs as part of their family. One of the primary elements driving the demand for luxury items in the industry is pet humanization.

Other factors, such as the rising incidence of pet adoption and rising per-capita pet spending, are fueling demand for high-end pet items and services. People who own pets take care of their pets in the same way that parents take care of their children in a family since pets are viewed as a vital part of the family.

Pet owners are very serious about their responsibilities toward their pets. This is encouraging pet owners to invest extensively in spending for the well-being of their pets and are willing to spend more on luxuries.

They are also spending on luxuries and necessities such as pet clothing, beds, medications, grooming services, and other veterinary services. This is one of the primary factors driving the demand for pet luxury goods in Indonesia pet care market.

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Key Takeaways from the Indonesia Pet Care Market Study

• Veterinary care segment is projected to account for maximum share over the forecast period
• By service channel, the online retail segment will dominate the market owing to the growing penetration of e-commerce industry
• By pet type, cats are expected to account for lion’s share in the global market during the forecast period
• In terms of service, pet food is expected to hold a noteworthy revenue share over the forecast period.
• Based on professional service, the grooming boarding segment is expected to witness robust growth during the assessment period

 “Growing acceptance of technologically advanced automatic pet care, increasing expenditure on pets coupled with rising adoption of dogs and cats will boost the market revenue” says an FMI analyst.

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Impact of COVID-19 on the Indonesia Pet Care Market  

Pet ownership is on the rise among millennials across the globe. According to the Indonesian Pet Food Association, the sector is growing at a rate of 20% per year, with Java accounting for 60% of the market, home to the capital Jakarta and other major cities.

Indonesia is one of the fastest-growing economies in South Asia, with rapid urbanisation and industrialization fueling its expansion. The pet food industry’s future growth depends on this demographic transition.

The COVID-19 pandemic has contributed to the increase in the number of pet adoption, as people feel pets could be their companions during their time at home. Further, the presence of pets not only reduces loneliness and boredom but also increases mental and physical health.

Who is winning?

Major players present in the pet care market are MSD Animal Health, Mars Incorporated, HAPPY PET Investment Holding GmbH, PT. NUTRICELL PACIFIC, Colgate-Palmolive Company, JM Sucker Co., Nestle SA, PT Central Proteina Prima Tbk, Groovy Vetcare Clinic, Bali Pet Shop PT, KW Aquatic Supplies Sdn Bhd, PT Citra Mandiri Kencana, and Menara Petskita Indonesia among others.

Indonesia Pet Care Market By Category

By Service Type:

• Product
  • Pet Food
    • Wet Food
    • Dry Food
    • Treats & mixers
    • Fresh Food
  • Pet Healthcare
  • Fashion, Toys, and accessories
•  Professional Services
  • Day Care
  • Grooming/Boarding
  • Pet Breeding and Training
• Value Added Service
  • Insurance
  • Veterinary Care
  • Pharmacy
  • Adoption and Charity
  • Crisis Relief Service

By Pet Type:

• Dogs
• Cats
• Birds
• Fish and Reptiles
• Small Pets
• Horses & Other Livestock

By Service Channel:

• Modern Trade
• Convenience Stores
• Care Services Centres
• Veterinary Clinics
• Online Retails
• Support Care Centres
• Pet Specialty Stores