The pet food market in Latin America is projected to rise by USD 19.5 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 9.1 percent during the forecast period. The Latin America pet food market is shaped by the rising trend of pet humanization, where owners increasingly prioritize their pets’ well-being, driving demand for high-quality, nutritious food. Economic recovery in key markets like Brazil and Mexico is bolstering consumer spending power, leading to greater investment in premium pet products. Additionally, the region’s expanding middle class is fueling the shift towards more sophisticated pet food options, including organic and natural products, as pet owners become more health-conscious and seek products that reflect their own dietary choices.
The report delivers an in-depth analysis of the Latin America pet food industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like pet type, type, pricing, ingredient, and distribution channel, and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the pet food market.
Market Segmentation
The following outlines the segmentation of the pet food market in Latin America:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, others
Type: therapeutic pet foods, non-therapeutic pet foods
Pricing: economy pet food, premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, others
Distribution channel: convenience stores, discounters, supermarkets and hypermarkets, warehouse clubs, grocery stores, small grocery stores, pet shops, e-commerce, veterinary clinics, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America pet food market is segmented on the basis of pet type, type, pricing, ingredient, distribution channel, and country. By pet type, the pet food market in Latin America has been segmented into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. Based upon type, the pet food market in Latin America is categorized into therapeutic pet foods, and non-therapeutic pet foods. On the basis of pricing, the pet food market in Latin America has been segmented into economy pet food, and premium/super premium pet food. By ingredient, the pet food market in Latin America has been segmented into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. Based on distribution channel, the pet food market in Latin America is categorized into convenience stores, discounters, supermarkets and hypermarkets, warehouse clubs, grocery stores, small grocery stores, pet shops, e-commerce, veterinary clinics, and others. Geographically, the pet food market in Latin America is segmented into Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
The Latin America pet food market is highly competitive. Key companies profiled in the report include Vitalcan S.A., The Archer-Daniels-Midland Company, Spectrum Brands Holdings Inc., Solla S.A., Rinti SA, Petfood Saladillo S.A., Nutropica Nutricao Especializada Ltda, Nueva Tecnologia En Alimentacion S.A. De C.V., Nestle S.A., Molino Chacabuco S.A., Metrive S.A., Mars Incorporated, Manfrim Industrial e Comercial Ltda, Lupus Desenvolvimento em Alimentos Ltda, Italcol S.C.A., Industrias Bachoco S.A.B. de C.V., Industria e Comercio de Alimentos Desidratados Alcon Ltda, Grupo Pilar S.A., Grandfood Industria e Comercio Ltda, Empresas Polar C.A., Empresas Iansa S.A., Empresas Carozzi S.A., Contegral S.A., Colgate-Palmolive Company, Champion S.A., BRF S.A., Aquamundo Ltda, ALICAN S.A., Agroindustrias Baires S.A., Adimax Industria e Comercio de Alimentos Ltda.
This report delivers an in-depth breakdown of key players within the Latin America pet food market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America pet food market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America pet food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America pet food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewLatin America pet food market – pet type analysis
Latin America pet food market – type analysis
Latin America pet food market – pricing analysis
Latin America pet food market – ingredient analysis
Latin America pet food market – distribution channel analysis
Latin America pet food market – country analysis
Key players and market share
– Vitalcan S.A.
– The Archer-Daniels-Midland Company
– Spectrum Brands Holdings, Inc.
– Solla S.A.
– Rinti SA
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Latin America pet food market 2019-2029
Chart Latin America pet food market, net growth, 2019-2029
Chart Latin America pet food market, growth rates, 2019-2029
Table Latin America pet food market by pet type, 2019-2029
Chart Latin America pet food market by pet type, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by pet type, 2019-2029
Table Latin America pet food market by type, 2019-2029
Chart Latin America pet food market by type, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by type, 2019-2029
Table Latin America pet food market by pricing, 2019-2029
Chart Latin America pet food market by pricing, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by pricing, 2019-2029
Table Latin America pet food market by ingredient, 2019-2029
Chart Latin America pet food market by ingredient, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by ingredient, 2019-2029
Table Latin America pet food market by distribution channel, 2019-2029
Chart Latin America pet food market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by distribution channel, 2019-2029
Table Latin America pet food market by country, 2019-2029
Chart Latin America pet food market by country, CAGR historic and forecast, 2019-2029
Chart Latin America pet food market by country, 2019-2029
Table Latin America pet food market share (%), by companies, 2019-2023
Chart Latin America pet food market, by companies, 2023
Table Latin America pet food market share (%), by brands, 2019-2023
Chart Latin America pet food market, by brands, 2023
Table Latin America – population (millions) and forecast
Table Latin America – consumer price index (CPI) and forecast
Table Latin America – gross domestic product and forecast
Table Latin America pet food market: spend as a proportion of GDP (%)
Table Latin America pet food market: consumption per capita (population)