Globally, dogs are the most popular pet, owned by 33% of respondents, with cats coming in second, at 23%. Fish (12%), birds (6%), and other pet types (6%) all rank significantly lower. Dogs can have many positive effects on the lives of their owners. They influence social, emotional, and cognitive development in children, promote an active lifestyle, provide companionship, and have even been able to detect oncoming epileptic seizures or the presence of certain cancers. Dogs can also help to relieve stress and anxiety in people. According to Gen Consulting Company, the dog food market in Latin America is set to achieve an incremental growth of USD 4 billion, acelerating at a CAGR of almost 14.4% during the forecast period 2022-2028.
This industry report offers market estimates of the Latin America market, followed by a detailed analysis of the product, price range, distribution channel, and country. The Latin America market data on dog food can be segmented by product: dry foods, treats, toppers, or mixers, wet food. In 2021, the dry foods segment made up the largest share of revenue generated by the dog food market. Dog food market is further segmented by price range: economy dog food, premium dog food. Based on distribution channel, the dog food market is segmented into: e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others. On the basis of country, the dog food market also can be divided into: Mexico, Chile, Argentina, Colombia.
The Latin America dog food market is highly competitive. The key players in the dog food market include Mars Incorporated, Nestle S.A., Grandfood Industria e Comercio Ltda, The Archer-Daniels-Midland Company, Empresas Carozzi S.A., BRF S.A., Colgate-Palmolive Company, Contegral S.A., Champion S.A., Solla S.A., Nueva Tecnologia En Alimentacion S.A. De C.V., Rinti SA, Agroindustrias Baires S.A., Petfood Saladillo S.A., Empresas Polar C.A.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 14.41% |
| Pages | 24 |
| Key Players | Mars Incorporated, Nestle S.A., Grandfood Industria e Comercio Ltda, The Archer-Daniels-Midland Company, Empresas Carozzi S.A., BRF S.A., Colgate-Palmolive Company, Contegral S.A., Champion S.A., Solla S.A., Nueva Tecnologia En Alimentacion S.A. De C.V., Rinti SA, Agroindustrias Baires S.A., Petfood Saladillo S.A., Empresas Polar C.A. |
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