Brazil Pet Food Market Size & Outlook, 2022-2030
Brazil pet food market, 2018-2030 (US$M)
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Brazil pet food market highlights
- The Brazil pet food market generated a revenue of USD 7,805.6 million in 2022 and is expected to reach USD 12,700.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
Pet food market data book summary
| Market revenue in 2022 | USD 7,805.6 million |
| Market revenue in 2030 | USD 12,700.0 million |
| Growth rate | 6.3% (CAGR from 2022 to 2030) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
Other key industry trends
- In terms of revenue, Brazil accounted for 7.9% of the global pet food market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pet food market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 12,700.0 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil pet food 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 food market will help companies and investors design strategic landscapes.
Brazil has emerged as the fourth-largest pet populated country, following China, the U.S., and the UK, with a population of more than 75 million cats and dogs. It is 2nd largest market for dog food and 3rd largest for pet food behind U.S. and China.
As per an article by Pet Food, in 2021 Brazil became a country with more dogs (150 million) as compared to children, with 300% more pets in one month. However, this growth stabilized over the months.
Additionally, Brazil has also emerged as a prominent exporter and the second-largest producer of dry pet food following the U.S. The country, thus, harbors several opportunities for pet food producers and distributors.
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pet food market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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