South America Pet Food Market

South America Pet Food Market by Products (Veterinary Diet, Wet Pet Food, Treats/Snacks, Dry Pet Food, and Others), Animal Types (Cats, Birds, Dogs, Fishes, and Others), Sales Channels (Internet Sales, Specialized Pet Shops, Hypermarkets, and Others), and Geography (Argentina, Brazil, Chile, and the Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CG-1536
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 159
  • Format:
  • Pub. Date: Upcoming
  • Share:

The South America pet food market size is expected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to pet humanization is on the rise, and pet owners are becoming more concerned about their pets' health. Customers' purchasing decisions are heavily influenced by these elements.

South America Pet Food Market Key Takeaways

Pet foods are commercially produced foods for pets that contain uncooked or refrigerated ingredients such as fresh vegetables, fruits, nutrients, bones, and meats.  Fresh pet meals have a shorter shelf life than packaged pet foods, but they are a better source of energy and are easier to digest, so they require little cleaning in the garden.

Pet owners nowadays choose pet diets that contain high-quality nutrients that have significant health benefits. Freshness is often associated with human-grade pet treats designed with premium ingredients. Due to the absence of chemicals, human-grade pet meals improve digestion and help pets develop a robust immune system.

The modifications have resulted in pet ‘humanization,' in which human attributes are given to pets. Proprietors are becoming more attentive to pet health, nutritional requirements, and overall wellbeing as a result of this trend of humanization. Customers' search for natural compositions has prompted companies to diversify their product portfolio by introducing natural ingredients-based products. In the market, companies with formulations free of artificial additives and tastes are seen favorably. People are increasingly treating their pets as loved ones and are ready to spend more on higher-priced pet food.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing in dietary supplements of high quality has grown rapidly, owing to favorable economic conditions and increased consciousness of healthy pet food is anticipated to propel the market growth in the coming years.
  •  Rising sales of luxury pet meals are projected to spur the market expansion during the forecast period.
  • Growing invention by pet food producers is positively changing the market, which is expected to boost the market growth during the forecast period.
  • Rising obesity in pets with high obese content food, people getting sensitive from pets are estimated to impede the market expansion.
  • Growing costs for feeding pets possess as a key factor that can hinder the market growth in the coming years.

Scope of the Report

The report on the South America pet food market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Pet Food Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Veterinary Diet, Wet Pet Food, Treats/Snacks, Dry Pet Food, and Others), Animal Types (Cats, Birds, Dogs, Fishes, and Others), Sales Channels (Internet Sales, Specialized Pet Shops, Hypermarkets, and Others)

Geography

Argentina, Brazil, Chile, and the Rest of South America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Merrick Pet Care; Blue Buffalo; Diamond Pet Foods; J.M. Smucker (Big Heart); Mogiana Alimentos SA; Agrolimen SA; InVivo NSA; Nutriara Alimentos Ltda; Uni-Charm Corp.; Colgate Palmolive ( Hill's Pet Nutrition); Nestle SA (Purina); and Mars Inc.

Market Segment Insights

Dry pet food segment is projected to account for a key market share

Based on products, the South America pet food market is divided into veterinary diet, wet pet food, treats/snacks, dry pet food, and others. The dry pet food segment is expected to hold a key share of the market during the forecast period due to customers prefer dry pet food, and it is the most popular type of pet food. Dry pet food is also imported in big numbers from nations such as China. Countries in the area have imposed several food trade restrictions on importing countries to assure high-quality imports.

South America Pet Food Market By Products

Dogs segment is expected to register at a significant pace

On the basis of animal types, the market is segmented into cats, birds, dogs, fishes, and others. The dogs segment is expected to constitute a key share of the market in the coming years due to the growing inclination of small families and the rising inclination of customers towards dogs for company and safety. In addition, dogs require a variety of nutrients to live a healthy life. As a result, dog owners have focused on giving suitable pet food that provides essential nutrients to keep their dogs healthy. This, combined with dog owners' increased attention to selecting healthy and nutritious food for their pets, is driving sales of various types of dog foods across the country.

Specialized pet shops segment is anticipated to expand at a rapid CAGR

In terms of sales channels, the South America pet food market is segregated into internet sales, specialized pet shops, hypermarkets, and others. The specialized pet shops segment is expected to represent a key share of the market during the forecast period owing to the tiny retailers' continuous pricing range, as opposed to the price volatility of large-scale outlets of big companies, as these retailers are frequently involved in the production of new, organically and sustainably sourced products, their specialized pet food product lines are gaining traction with customers.

Brazil is anticipated to dominate the market

On the basis of geography, the market is categorized as Argentina, Brazil, Chile, and the Rest of South America. Brazil is anticipated to dominate the market at an impressive CAGR during the forecast period. The market growth of the country can be attributed to the ingredients for Brazilian pet food formulas are sourced from American companies. With the growth of the Brazilian pet food market and increased demand for new pet products, ingredient providers must enroll with the MAPA's Department of Animal Production Inspection and Development (DFIP) as a condition of exporting to Brazil.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pet Food Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pet Food Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pet Food Market - Supply Chain
  4.5. Global Pet Food Market Forecast
     4.5.1. Pet Food Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pet Food Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Pet Food Market Absolute $ Opportunity
5. Global Pet Food Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Pet Food Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Pet Food Demand Share Forecast, 2019-2026
6. North America Pet Food Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Pet Food Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Pet Food Demand Share Forecast, 2019-2026
7. Latin America Pet Food Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Pet Food Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Pet Food Demand Share Forecast, 2019-2026
8. Europe Pet Food Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Pet Food Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Pet Food Demand Share Forecast, 2019-2026
9. Asia Pacific Pet Food Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Pet Food Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Pet Food Demand Share Forecast, 2019-2026
10. Middle East & Africa Pet Food Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Pet Food Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Pet Food Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Pet Food Market: Market Share Analysis
  11.2. Pet Food Distributors and Customers
  11.3. Pet Food Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Merrick Pet Care Blue Buffalo Diamond Pet Foods J.M. Smucker (Big Heart) Mogiana Alimentos SA
Segments Covered in the Report
The South America pet food market has been segmented based on

Products
  • Veterinary Diet
  • Wet Pet Food
  • Treats/Snacks
  • Dry Pet Food
  • Others
Animal Types
  • Cats
  • Birds
  • Dogs
  • Fishes
  • Others
Sales Channels
  • Internet Sales
  • Specialized Pet Shops
  • Hypermarkets
  • Others
Geography
  • Argentina
  • Brazil
  • Chile
  • The Rest of South America
Key Players
  • Merrick Pet Care
  • Blue Buffalo
  • Diamond Pet Foods
  • J.M. Smucker (Big Heart)
  • Mogiana Alimentos SA
  • Agrolimen SA
  • InVivo NSA
  • Nutriara Alimentos Ltda
  • Uni-Charm Corp.
  • Colgate Palmolive ( Hill's Pet Nutrition)
  • Nestle SA (Purina)
  • Mars Inc.

Key players competing in the South America pet food market include Merrick Pet Care; Blue Buffalo; Diamond Pet Foods; J.M. Smucker (Big Heart); Mogiana Alimentos SA; Agrolimen SA; InVivo NSA; Nutriara Alimentos Ltda; Uni-Charm Corp.; Colgate Palmolive ( Hill's Pet Nutrition); Nestle SA (Purina); and Mars Inc. Some of these players are adopting several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.

South America Pet Food Market By Key Players

Buy Report