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Latin America Pet Food Market Report and Forecast 2022-2027

Latin America Pet Food Market Report and Forecast 2022-2027

Latin America Pet Food Market Report and Forecast 2022-2027


Market Outlook

According to the report by Expert Market Research (EMR), the Latin America pet food market size reached a value of around USD 11970 million in 2021. The market is further expected to grow at a CAGR of 3.7% between 2022 and 2027 and attain nearly USD 14871 million by 2027.
Pet food are speciality foods that are manufactured according to the nutritional needs of specific domestic animals such as dogs, cats, birds, and fishes, among many other pets. These foods are comprised of minerals, vitamins, grains, and meats, among other ingredients. There are thousands of options available for pet owners.
The Latin American pet food market has developed significantly due to increasing presence of major international players, such as Archer Daniels Midland and Nestle. Major companies have started expanding their production plants to solidify their position in the growing Mexican pet food market.
Pet adoption rate has surged in the Latin American region. The rising spending power of people in Latin America has been a major trend in the Latin America pet food market. People are becoming more aware of the nutritional needs of pets and preventive measures to keep their pets healthy.
With the rising pet adoption rates, regulatory agencies are maintaining the ingredients used in pet food, ensuring the quality of the product. This further bolsters the market growth.
The COVID-19 pandemic significantly affected the pet food market as pet adoption rates surged during the lockdowns. During this period, people were increasingly using online shopping platforms to order and get products safely. This helped the e-commerce industry to flour and look at the convenience and enhanced reach provided by these platforms; many companies started providing their products on online shopping platforms.

Market Segmentation

The market can be divided on the basis of pet type, product type, ingredient type, price category, distribution channel, and major countries.

Market Breakup by Pet Type
•Dog Food
•Cat Food
•Others
Market Breakup by Product Type
•Dry Pet Food
•Wet and Canned Pet Food
•Snacks and Treats
Market Breakup by Ingredient Type
•Plant Derived
•Animal Derived
Market Breakup by Price Category
•Economy
•Mid-Priced
•Premium
•Therapeutic
•Non-Therapeutic
Market Breakup by Distribution Channels
•Supermarkets and Hypermarkets
•Speciality Stores
•Online Stores
•Others
Market Breakup by Country
•Brazil
•Argentina
•Mexico
•Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the pet food companies. Some of the major key players explored in the report by Expert Market Research are as follows:

•Mars Inc.
•Nestle SA
•Archer Daniels Midland Company
•BRF SA
•Metrive SA
•Petfood Saladillo S.A.
•PremieRpet
•Others
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents

1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Pet Population Analysis
8.1 Key Industry Highlights
8.2 Latin America Pet Historical Population (2017-2021)
8.3 Latin America Pet Population Forecast (2022-2027)
8.4 Latin America Pet Population by Pet Type
8.4.1 Dog
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Cat
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Latin America Pet Population by Country
8.5.1 Market Share
8.5.1.1 Brazil
8.5.1.2 Argentina
8.5.1.3 Mexico
8.5.1.4 Others
9 Latin America Pet Food Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Pet Food Historical Market (2017-2021)
9.3 Latin America Pet Food Market Forecast (2022-2027)
9.4 Latin America Pet Food Market by Pet Type
9.4.1 Dog Food
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2017-2021)
9.4.1.3 Forecast Trend (2022-2027)
9.4.2 Cat Food
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2017-2021)
9.4.2.3 Forecast Trend (2022-2027)
9.4.3 Others
9.5 Latin America Pet Food Market by Product Type
9.5.1 Dry Pet Food
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2017-2021)
9.5.1.3 Forecast Trend (2022-2027)
9.5.2 Wet and Canned Pet Food
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2017-2021)
9.5.2.3 Forecast Trend (2022-2027)
9.5.3 Snacks and Treats
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2017-2021)
9.5.3.3 Forecast Trend (2022-2027)
9.6 Latin America Pet Food Market by Ingredient Type
9.6.1 Plant Derived
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2017-2021)
9.6.1.3 Forecast Trend (2022-2027)
9.6.2 Animal Derived
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2017-2021)
9.6.2.3 Forecast Trend (2022-2027)
9.7 Latin America Pet Food Market by Price Category
9.7.1 Economy
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2017-2021)
9.7.1.3 Forecast Trend (2022-2027)
9.7.2 Mid-Priced
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2017-2021)
9.7.2.3 Forecast Trend (2022-2027)
9.7.3 Premium
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2017-2021)
9.7.3.3 Forecast Trend (2022-2027)
9.7.4 Therapeutic
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2017-2021)
9.7.4.3 Forecast Trend (2022-2027)
9.7.5 Non-Therapeutic
9.7.5.1 Market Share
9.7.5.2 Historical Trend (2017-2021)
9.7.5.3 Forecast Trend (2022-2027)
9.8 Latin America Pet Food Market by Distribution Channels
9.8.1 Supermarkets and Hypermarkets
9.8.1.1 Market Share
9.8.1.2 Historical Trend (2017-2021)
9.8.1.3 Forecast Trend (2022-2027)
9.8.2 Specialty Stores
9.8.2.1 Market Share
9.8.2.2 Historical Trend (2017-2021)
9.8.2.3 Forecast Trend (2022-2027)
9.8.3 Online Stores
9.8.3.1 Market Share
9.8.3.2 Historical Trend (2017-2021)
9.8.3.3 Forecast Trend (2022-2027)
9.8.4 Others
9.9 Latin America Pet Food Market by Country
9.9.1 Market Share
9.9.1.1 Brazil
9.9.1.2 Argentina
9.9.1.3 Mexico
9.9.1.4 Others
10 Regional Analysis
10.1 Brazil
10.1.1 Historical Trend (2017-2021)
10.1.2 Forecast Trend (2022-2027)
10.2 Argentina
10.2.1 Historical Trend (2017-2021)
10.2.2 Forecast Trend (2022-2027)
10.3 Mexico
10.3.1 Historical Trend (2017-2021)
10.3.2 Forecast Trend (2022-2027)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Trade Data Analysis (HS Code – 230910)
12.1 Major Exporting Countries by Value
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 Brazil Average Pet Food Retail Prices (2021)
13.2 Argentina Average Pet Food Retail Prices (2021)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Mars Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Nestlé SA
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Archer Daniels Midland Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BRF SA
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Metrive S.A.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Petfood Saladillo S.A.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 PremieRpet
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market

Report Title: Latin America Pet Food Market Report and Forecast 2022-2027


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