Brazil Pet Food Market Size

Brazil Pet Food Market Analysis

The Brazil Pet Food Market size is estimated at USD 9.37 billion in 2024, and is expected to reach USD 17.10 billion by 2029, growing at a CAGR of 12.78% during the forecast period (2024-2029).

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9.37 Billion

Market Size in 2024 (USD)

17.10 Billion

Market Size in 2029 (USD)

12.57 %

CAGR (2017-2023)

12.78 %

CAGR (2024-2029)

Largest Market by Product

71.57 %

value share, Food, 2022

The rising pet ownership rates and the increasing demand for commercial pet food products such as kibbles and wet pet foods have boosted the market growth in the country.

Largest Market by Animal

75.06 %

value share, Dogs, 2022

The higher population of dogs and the increased demand for dry pet food, dog treats, and veterinary diets in the country have primarily contributed to the growth of the market.

Fastest-growing Market by Product

16.64 %

Projected CAGR, Pet Veterinary Diets, 2023-2029

The increasing prevalence of pet health issues is driving the usage of veterinary diets in the country, as these diets support pet health by reducing the progression of diseases.

Fastest-growing Market by Animal

15.73 %

Projected CAGR, Cats, 2023-2029

With the increasing cat ownership rates, the consumer demand for commercial pet foods, including wet food and pet treats, resulted in growth concerning cats in the country.

Leading Market Player

15.69 %

market share, Mars Incorporated, 2022

Mars, Incorporated is the market leader, as it is primarily focused on product innovations in the country and launched various pet food lines under Royal Canin and Nutro brands.

Dogs dominate the Brazil pet food market as they are highly owned pets in the country with a high consumption rate

Brazil Pet Food Industry Segmentation

Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets are covered as segments by Pet Food Product. Cats, Dogs are covered as segments by Pets. Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets are covered as segments by Distribution Channel.

• With the growing pet humanization trend, Brazil has emerged as one of the largest markets for pet food in South America. The country's pet population has witnessed a significant increase. The pet population reached 156.4 million in 2022 from 127.1 million in 2017. The increase in pet humanization has further helped in the growth of the pet food industry in Brazil, as pets are increasingly regarded as integral members of the family.
• Dogs have a major share in Brazil's pet food market, and the dogs segment accounted for 75.1% in 2022. This can be attributed to dogs having a significant share of the pet population, as they accounted for 38.2% in 2022. Furthermore, there is a growing trend toward premium dog food products in the region, and the dog food segment is projected to register a CAGR of 12.8% during the forecast period.
• In 2022, cats have the second-largest market share in the Brazilian pet food market, accounting for 17.0%. However, the share of cats is lower than dogs primarily due to their lower population. The number of pet cats in Brazil was less than 50% of the number of pet dogs in 2022. However, the pet cat population increased by about 29.4% between 2017 and 2022, indicating a faster growth rate compared to the 13.4% increase observed in the pet dog population during the same period. This growth reflects the rising popularity of pet cats in the country.
• The other animals include birds, small mammals, rodents, and others. These animals have unique nutritional requirements that need to be fulfilled through specialized pet food products. In 2022, the market for other animal pet food reached USD 588.3 million.
• The increasing awareness among pet owners and the growing population of pets in the country are expected to drive the pet food market in the coming years.