Latin America Pet Diabetes Care Market Size & Outlook
Latin America pet diabetes care market, 2018-2030 (US$M)
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Latin America pet diabetes care market highlights
- The Latin America pet diabetes care market generated a revenue of USD 108.6 million in 2023.
- The market is expected to grow at a CAGR of 8.6% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 108.6 million |
| Market revenue in 2030 | USD 193.1 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.0% of the global pet diabetes care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 672.4 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 52.3% in 2023. Horizon Databook has segmented the Latin America pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for pet diabetes care solutions in the Latin America market is projected to increase over the forecast period. This can be attributed to the growing pet population, awareness about pet ailments, rising expenditure, and advancing veterinary healthcare infrastructure.
In terms of country, Brazil dominated the market in 2022 owing to a notably high pet population and growing veterinary visits. Mexico is anticipated to grow at the fastest CAGR over the forecast period.
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Target buyers of Latin America 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 continent-level data and insights on the Latin America pet diabetes care market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America pet diabetes care market size, by country, 2018-2030 (US$M)
Latin America Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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