Market Size of south america cat food Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.85 Billion |
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Market Size (2029) | USD 5.12 Billion |
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Largest Share by Pet Food Product | Food |
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CAGR (2024 - 2029) | 12.43 % |
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Largest Share by Country | Brazil |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South America Cat Food Market Analysis
The South America Cat Food Market size is estimated at USD 2.85 billion in 2024, and is expected to reach USD 5.12 billion by 2029, growing at a CAGR of 12.43% during the forecast period (2024-2029).
2.85 Billion
Market Size in 2024 (USD)
5.12 Billion
Market Size in 2029 (USD)
11.50 %
CAGR (2017-2023)
12.43 %
CAGR (2024-2029)
Largest Market by Product
75.44 %
value share, Food, 2022
Pet foods serve as the primary source of nutrition for cats, prompting owners to spend more on diverse food product options.
Largest Market by Country
55.38 %
value share, Brazil, 2022
Due to Brazil's higher population, there is high consumer demand for quality pet food and wide product availability compared to other countries, thus increasing the market share.
Fastest-growing Market by Product
16.38 %
Projected CAGR, Pet Treats, 2023-2029
Increasing awareness, the vital role of treats in training, rewarding, and supporting the well-being of pets, and consumer focus on pet health are driving the market's growth.
Fastest-growing Market by Country
15.73 %
Projected CAGR, Brazil, 2023-2029
The increasing pet ownership rates and growing consumer power to spend more on premium and nutritional pet food products for cats are driving the segment's growth.
Leading Market Player
22.76 %
market share, Mars Incorporated, 2022
Mars, Incorporated is the market leader, primarily focusing on product innovations in the region and launching various pet food lines under the Royal Canin and Nutro brands.
Increasing focus of pet owners on their pet health and the potential benefits of commercial pet foods are driving the market
- The cat population in South America has been steadily growing in recent years, particularly in urban areas. Cats are known for their independent nature and finicky behavior, making them a popular choice for pet owners who prefer pets requiring less space and attention than dogs. In 2022, cats accounted for 19.5% of the South American pet food market, which increased by 46.2% between 2017 and 2021, with a rise in the cat population by 13.6% over the same period.
- Wet food has emerged as the preferred choice for cats due to its high moisture and meat content, which aligns with their natural diet and nutritional requirements. Therefore, in 2022, wet food accounted for 52.9% of the South American cat pet food market.
- The pet treats segment holds the second-largest share in the cat pet food market. In 2022, it accounted for USD 256.8 million in South America. Treats are widely used as rewards and for developing a bond, particularly with newly adopted cats. Freeze-dried treats have gained significant popularity, accounting for 24.6% of the treats segment in 2022. The irresistible aroma and flavor of meat make freeze-dried treats highly attractive to cats.
- The usage of treats is expected to increase further with the rise in cat adoption, while veterinary diets for cats with infections or allergies are also anticipated to grow. During the forecast period, treats and veterinary diets are projected to record CAGRs of 16.4% and 16.2%, respectively, in South America.
- Considering the growing cat population, increasing concerns about pet health, and the potential benefits offered by commercial pet foods, the cat food market in South America is estimated to register a CAGR of 12.8% during the forecast period.
Brazil and Argentina are major cat food markets in the South America due higher cat population in these countries
- Globally, South America is one of the developing cat food markets. The region has a high potential to grow during the study period as there is a high population of cats, growing awareness about specialized pet food, and companies expanding their manufacturing facilities to meet the growing demand for cat food products. For instance, from 2017 to 2020, Agroindustrias Baires and Empresas Carozzi SA expanded their manufacturing facilities.
- Brazil has a significant market share in the region and is one of the important countries for the development of the region's cat food industry. The country had a market of USD 1.3 billion in 2022 and a significant share in the region due to the highest cat population in the region, as it had a cat population of 28.7 million in 2022 and accounted for 55.5% of the cat population in South America.
- Argentina is expected to be the fastest growing in the region, recording a CAGR of 14.8% during the forecast period as there is an increase in premiumization, changing consumer preferences, and county-based companies such as Molino Chacabuco and Baires SA offering new premium products to their customers. In 2022, these companies added new treats, wet food, and veterinary diets to their product offerings.
- The companies in South America are focusing on providing their customers with premium pet food for cats in the local flavors and recipes through veterinarians, specialty stores, and pet shops. Additionally, they are offering these products in trilaminate packaging that ensures greater convenience and preservation of products.
- Factors such as an increase in product offerings, premiumization, and high cat population are expected to help in the development of the South American cat food market during the forecast period.
South America Cat Food Industry Segmentation
Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets are covered as segments by Pet Food Product. Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets are covered as segments by Distribution Channel. Argentina, Brazil are covered as segments by Country.
- The cat population in South America has been steadily growing in recent years, particularly in urban areas. Cats are known for their independent nature and finicky behavior, making them a popular choice for pet owners who prefer pets requiring less space and attention than dogs. In 2022, cats accounted for 19.5% of the South American pet food market, which increased by 46.2% between 2017 and 2021, with a rise in the cat population by 13.6% over the same period.
- Wet food has emerged as the preferred choice for cats due to its high moisture and meat content, which aligns with their natural diet and nutritional requirements. Therefore, in 2022, wet food accounted for 52.9% of the South American cat pet food market.
- The pet treats segment holds the second-largest share in the cat pet food market. In 2022, it accounted for USD 256.8 million in South America. Treats are widely used as rewards and for developing a bond, particularly with newly adopted cats. Freeze-dried treats have gained significant popularity, accounting for 24.6% of the treats segment in 2022. The irresistible aroma and flavor of meat make freeze-dried treats highly attractive to cats.
- The usage of treats is expected to increase further with the rise in cat adoption, while veterinary diets for cats with infections or allergies are also anticipated to grow. During the forecast period, treats and veterinary diets are projected to record CAGRs of 16.4% and 16.2%, respectively, in South America.
- Considering the growing cat population, increasing concerns about pet health, and the potential benefits offered by commercial pet foods, the cat food market in South America is estimated to register a CAGR of 12.8% during the forecast period.
| Pet Food Product | |||||||||||
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| Distribution Channel | |
| Convenience Stores | |
| Online Channel | |
| Specialty Stores | |
| Supermarkets/Hypermarkets | |
| Other Channels |
| Country | |
| Argentina | |
| Brazil | |
| Rest of South America |
South America Cat Food Market Size Summary
The South America cat food market is experiencing significant growth, driven by an increasing cat population and a shift in consumer preferences towards premium and specialized pet foods. Cats have become a popular choice among pet owners due to their independent nature and lower space requirements compared to dogs. This trend is particularly evident in urban areas, where the cat population has been steadily rising. Wet food has emerged as the preferred option for cat owners, aligning with the natural dietary preferences of cats. The market is also witnessing a growing demand for pet treats, especially freeze-dried options, which are favored for their appealing aroma and flavor. The rise in cat adoption and the increasing focus on pet health are expected to further boost the market, with treats and veterinary diets projected to see substantial growth.
Brazil holds a significant share of the market, supported by its large cat population, while Argentina is anticipated to be the fastest-growing market due to premiumization and changing consumer preferences. The region's cat food market is moderately consolidated, with major players like ADM, BRF Global, Mars Incorporated, Nestle (Purina), and PremieRpet leading the industry. The market's expansion is also facilitated by the establishment of cat cafes and the growing trend of pet humanization, where pet owners are willing to invest in high-quality, natural ingredients for their pets. Despite economic challenges and price sensitivity in some countries, the demand for premium cat food products continues to rise, with offline retail channels remaining the preferred distribution method.
South America Cat Food Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Pet Food Product
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1.1.1 Food
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1.1.1.1 By Sub Product
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1.1.1.1.1 Dry Pet Food
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1.1.1.1.1.1 By Sub Dry Pet Food
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1.1.1.1.1.1.1 Kibbles
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1.1.1.1.1.1.2 Other Dry Pet Food
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1.1.1.1.2 Wet Pet Food
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1.1.2 Pet Nutraceuticals/Supplements
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1.1.2.1 By Sub Product
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1.1.2.1.1 Milk Bioactives
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1.1.2.1.2 Omega-3 Fatty Acids
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1.1.2.1.3 Probiotics
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1.1.2.1.4 Proteins and Peptides
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1.1.2.1.5 Vitamins and Minerals
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1.1.2.1.6 Other Nutraceuticals
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1.1.3 Pet Treats
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1.1.3.1 By Sub Product
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1.1.3.1.1 Crunchy Treats
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1.1.3.1.2 Dental Treats
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1.1.3.1.3 Freeze-dried and Jerky Treats
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1.1.3.1.4 Soft & Chewy Treats
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1.1.3.1.5 Other Treats
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1.1.4 Pet Veterinary Diets
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1.1.4.1 By Sub Product
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1.1.4.1.1 Diabetes
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1.1.4.1.2 Digestive Sensitivity
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1.1.4.1.3 Oral Care Diets
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1.1.4.1.4 Renal
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1.1.4.1.5 Urinary tract disease
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1.1.4.1.6 Other Veterinary Diets
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1.2 Distribution Channel
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1.2.1 Convenience Stores
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1.2.2 Online Channel
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1.2.3 Specialty Stores
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1.2.4 Supermarkets/Hypermarkets
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1.2.5 Other Channels
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1.3 Country
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1.3.1 Argentina
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1.3.2 Brazil
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1.3.3 Rest of South America
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South America Cat Food Market Size FAQs
How big is the South America Cat Food Market?
The South America Cat Food Market size is expected to reach USD 2.85 billion in 2024 and grow at a CAGR of 12.43% to reach USD 5.12 billion by 2029.
What is the current South America Cat Food Market size?
In 2024, the South America Cat Food Market size is expected to reach USD 2.85 billion.
