Tag: Latin America Pet Food Market Forecast

Latin America Pet Food Market Size, Share, Growth Insight – 8.5% Estimated CAGR Growth By 2030

How big is the Latin America Pet Food market?

According to MarkNtel Advisors study, The Latin America Pet Food Market size is projected to grow at a CAGR of around 8.5% during the forecast period, i.e., 2024-30.

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Latin America Pet Food Market Trend:

Growing Preference for Functional Pet Food Gaining Momentum – A significant trend in the Latin America Pet Food Market is the growing consumer preference for functional pet food formulations. Pet owners are seeking products that not only provide basic nutrition but also offer additional health benefits tailored to their pet’s specific needs. Functional ingredients such as probiotics, antioxidants, and omega-3 fatty acids are becoming increasingly popular as pet owners become more aware of the role nutrition plays in their pets’ overall well-being. This reflects a shift towards preventive healthcare for pets, with owners seeking out products that would address issues such as digestive health, joint support, and skin and coat health. As a result, pet food manufacturers in Latin America are focusing on developing innovative formulations that cater to these demands, thereby driving growth in functional pet food.

Leading Companies in the Latin America Pet Food market:

  • Mars Incorporated
  • Nestle Purina
  • Hill’s Pet Nutrition, Inc.
  • Schell & Kampeter, Inc.
  • Sera GmbH
  • Spectrum Brands Inc.
  • ADM Animal Nutrition
  • Grupo Pilar S.A.
  • Nicoluzzi Indústria de Rações Ltda
  • Elanco Animal Health Incorporated
  • Mogiana Alimentos S/A.
  • Lenda Pet Food SL.
  • others

Explore Full Market Research Report – https://www.marknteladvisors.com/research-library/latin-america-pet-food-market.html

Latin America Pet Food Market Segmentation:

By Pet Type

  • Dog- Market Size & Forecast 2019-2030F, Thousand Tons
  • Cat- Market Size & Forecast 2019-2030F, Thousand Tons
  • Fish- Market Size & Forecast 2019-2030F, Thousand Tons
  • Birds- Market Size & Forecast 2019-2030F, Thousand Tons
  • Others (Ferrets, Hamsters, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons

Pet food supplies for the dog segment hold the largest market share across the region, principally due to the growing trend of pet humanization, leading to a rising health consciousness & greater demand for high-quality pet food, i.e., free from sugar, dye, grain, & other chemical additives.

By Food Type

  • Dry Food- Market Size & Forecast 2019-2030F, Thousand Tons
  • Wet Food- Market Size & Forecast 2019-2030F, Thousand Tons
  • Chilled & Frozen- Market Size & Forecast 2019-2030F, Thousand Tons

By Form

  • Pellets- Market Size & Forecast 2019-2030F, Thousand Tons
  • Crumbles- Market Size & Forecast 2019-2030F, Thousand Tons
  • Mash- Market Size & Forecast 2019-2030F, Thousand Tons
  • Flakes- Market Size & Forecast 2019-2030F, Thousand Tons

By Ingredients

  • Animal-Based- Market Size & Forecast 2019-2030F, Thousand Tons
  • Plant-Based- Market Size & Forecast 2019-2030F, Thousand Tons

By Distribution Channel

  • Online- Market Size & Forecast 2019-2030F, Thousand Tons
  • Specialized Pet Store- Market Size & Forecast 2019-2030F, Thousand Tons
  • Supermarket/Hypermarket- Market Size & Forecast 2019-2030F, Thousand Tons

Regional/ Countries Insight:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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Read More:

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