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Our latest report -- Solving for India’s Elders: A Latent but Inevitable Market Opportunity – offers insights into the current state of the eldercare market in India, the limitations of existing services and products, and emerging white spaces that offer prospects for building services and brands tailored for the elderly. Watch the video or read the extended PDF version.
In the latest episode of Lightbox Espresso, Dr Sanjay Arora, founder of Suburban Diagnostics, takes us through his journey of scaling a healthcare venture and contributing to the transformation of India's health diagnostics space.
The increasing prevalence of chronic diseases, stronger digital health penetration accelerated by the pandemic and early behavioral changes observed amongst the Indian consumer piqued our interest into the space. It goes without saying that we deeply care about spaces where large problems need to be addressed and strongly appreciate companies solving for these numerous problems.
The global pet market for 2021 stands at $154BN and is growing at 7-8% YoY. Of the $154BN global pet market, India contributes a mere $494MM but has the fastest growth rate of 30% YoY. While India is still at its nascent stages in terms of market size, the number of pet parents and their spend on pet tech products and services which was growing gradually is now growing suddenly.
Of the $18BN BPC market, the top 10 FMCG companies comprise over 30% of the market. The 8 major brands are owned by 3 FMCG giants- Unilever, P&G, and L’Oreal. These 3 companies have a combined age of 388 years. Take a moment to think about these seemingly contradictory facts- in a sector where companies have 4 centuries of experience, how have 80+ brands come up in the last 5 years? Why can’t the legacy brands keep up? We try to answer these
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