Brazil Pet Diabetes Care Market Size & Outlook, 2023-2030
Brazil pet diabetes care market, 2018-2030 (US$M)
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Brazil pet diabetes care market highlights
- The Brazil pet diabetes care market generated a revenue of USD 39.3 million in 2023 and is expected to reach USD 66.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
Pet diabetes care market data book summary
| Market revenue in 2023 | USD 39.3 million |
| Market revenue in 2030 | USD 66.2 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Merck & Co Inc, Zoetis, BD, Boehringer Ingelheim, ACON Laboratories, Taidoc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global pet diabetes care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pet diabetes care market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 49.2 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil pet diabetes care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet diabetes care market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 52.42% in 2023. Horizon Databook has segmented the Brazil pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
The need to diagnose and manage diabetes and its risk factors in pets is particularly relevant in Brazil, where the prevalence of diabetes is high among humans and is likely to affect the pets owing to pet owner behavior.
As per a study published in September 2020 in PLOS, among the surveyed pet owners, about 48% had overweight or obese dogs. However, owners underestimated their pet’s weight status, and the proportion was found to increase as the dog’s weight status increased.
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Target buyers of Brazil pet diabetes care market databook
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Our clientele includes a mix of pet diabetes care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pet diabetes care market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil pet diabetes care market size, by animal type, 2018-2030 (US$M)
Brazil Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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