According to latest analysis, the pet healthcare in Latin America market was USD 1,527 million in 2023 and is expected to reach USD 2,157 million in 2029 and register a CAGR of 5.9% during the forecast period, 2024-2029. The Latin America pet healthcare market is gaining momentum, driven by rising pet ownership and increasing awareness of animal health and wellness. Economic growth in key markets, such as Brazil and Mexico, is enabling greater spending on veterinary services, preventive care, and specialized pet products. Additionally, the expanding availability of veterinary clinics and pet pharmacies across the region is improving access to healthcare, supporting the overall market expansion.
The report offers a comprehensive evaluation of the Latin America pet healthcare market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, pet type, distribution channel, and country. This comprehensive evaluation aids in identifying the growth potential within the pet healthcare industry.
Market Segmentation
The pet healthcare market in Latin America is classified into the following segments:
Product type: flea and tick prevention products, pet vitamins and supplements, pet wormers, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet shops, veterinary clinics, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America pet healthcare market is segmented on the basis of product type, pet type, distribution channel, and country. By product type, the pet healthcare market in Latin America has been segmented into flea and tick prevention products, pet vitamins and supplements, pet wormers, and others. Based upon pet type, the pet healthcare market in Latin America is categorized into cat, dog, and others. On the basis of distribution channel, the pet healthcare market in Latin America has been segmented into supermarkets and hypermarkets, pet shops, veterinary clinics, e-commerce, and others. Geographically, the pet healthcare market in Latin America is also segmented into Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
The Latin America pet healthcare market is highly competitive. The prominent players operating in the Latin America pet healthcare market include Zoetis Inc., Merck & Co. Inc., Labyes S.A., Laboratorio Drag Pharma Chile Invetec S.A., Holland de Mexico S.A. de C.V., Elanco Animal Health Incorporated, Brouwer S.A., Boehringer Ingelheim Auslandsbeteiligungs GmbH.
The report presents a detailed analysis of the Latin America pet healthcare market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America pet healthcare market.
Gain deep insights into the dynamics of the Latin America pet healthcare market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America pet healthcare 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 healthcare market – product type analysis
Latin America pet healthcare market – pet type analysis
Latin America pet healthcare market – distribution channel analysis
Latin America pet healthcare market – country analysis
Key players and market share
– Zoetis Inc.
– Merck & Co., Inc.
– Labyes S.A.
– Laboratorio Drag Pharma Chile Invetec S.A.
– Holland de Mexico S.A. de C.V.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Latin America pet healthcare market 2019-2029
Chart Latin America pet healthcare market, net growth, 2019-2029
Chart Latin America pet healthcare market, growth rates, 2019-2029
Table Latin America pet healthcare market by product type, 2019-2029
Chart Latin America pet healthcare market by product type, CAGR historic and forecast, 2019-2029
Chart Latin America pet healthcare market by product type, 2019-2029
Table Latin America pet healthcare market by pet type, 2019-2029
Chart Latin America pet healthcare market by pet type, CAGR historic and forecast, 2019-2029
Chart Latin America pet healthcare market by pet type, 2019-2029
Table Latin America pet healthcare market by distribution channel, 2019-2029
Chart Latin America pet healthcare market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latin America pet healthcare market by distribution channel, 2019-2029
Table Latin America pet healthcare market by country, 2019-2029
Chart Latin America pet healthcare market by country, CAGR historic and forecast, 2019-2029
Chart Latin America pet healthcare market by country, 2019-2029
Table Latin America pet healthcare market share (%), by companies, 2019-2023
Chart Latin America pet healthcare market, by companies, 2023
Table Latin America pet healthcare market share (%), by brands, 2019-2023
Chart Latin America pet healthcare 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 healthcare market: spend as a proportion of GDP (%)
Table Latin America pet healthcare market: consumption per capita (population)