Mars CEO sees pet food sales in India booming, expecting 15% annual growth for five years.

Mars Inc. CEO Poul Weihrauch is optimistic about the Indian pet food market, noting unexpected growth due to more nuclear families and younger couples delaying children in favor of pets. Mars, leading with 54% market share, sees strong future growth despite an urban economic slowdown, with pet food sales expected to grow 15% annually over the next five years.

2 months ago
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