Latin America Pet Food Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$17,748.1

Forecast, 2030 (US$M)

$25,950.1

CAGR, 2023 - 2030

4.9%

Report Coverage

Latin America

Latin America pet food market, 2018-2030 (US$M)

Related Markets

Global Pet Food Industry Outlook

Brazil Pet Food Market Outlook

North America Pet Food Market Outlook

U.S. Pet Food Market Outlook

Canada Pet Food Market Outlook

Europe Pet Food Market Outlook

Germany Pet Food Market Outlook

France Pet Food Market Outlook

Italy Pet Food Market Outlook

Spain Pet Food Market Outlook

UK Pet Food Market Outlook

Asia Pacific Pet Food Market Outlook

Japan Pet Food Market Outlook

China Pet Food Market Outlook

India Pet Food Market Outlook

Australia Pet Food Market Outlook

South Korea Pet Food Market Outlook

MEA Pet Food Market Outlook

South Africa Pet Food Market Outlook

Saudi Arabia Pet Food Market Outlook

Latin America pet food market highlights

The Latin America pet food market generated a revenue of USD 17,748.1 million in 2022.
The market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022	USD 17,748.1 million
Market revenue in 2030	USD 25,950.1 million
Growth rate	4.9% (CAGR from 2022 to 2030)
Historical data covered	2018 - 2021
Base year for estimation	2022
Forecast period covered	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, Latin America region accounted for 17.9% of the global pet food market in 2022.
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 28,240.9 million by 2030.

Key Regions: Brazil , U.S. , UK , Japan , Canada

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Pet Food Market Scope

Pet food market segmentation & scope

Regions

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

Countries

U.S.

Canada

Germany

France

Italy

Spain

China

India

Japan

South Korea

Australia

South Africa

Saudi Arabia

Brazil

Pet Food Market Companies

Name	Profile	# Employees	HQ	Website

Latin America 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.

The pet food market has a strong presence in developed economies and is estimated to shift from North America and Europe to emerging economies in the near future. The Central & South American market is promising, and estimated to witness significant growth over the forecast period due to the growing population of cats and dogs in the region, resulting in a rise in pet food production.

A majority of the pet food products in the region are imported from countries such as Mexico and the U.S. The region is anticipated to witness a strong product demand owing to the expanding pet food industry, primarily in Brazil, Argentina, and Chile.

The global market players are attempting to increase their footprint in Brazil by forming strategic alliances and joint ventures with domestic companies. This is likely to have a positive influence on the pet food market in the coming years.

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Target buyers of Latin America pet food market databook

Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pet food market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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