The Latin America, Middle East and Africa Pet Food Market is expected to witness market growth of 6.6% CAGR during the forecast period (2021-2027).
Some of the major trends of the market are an increase in disposable income and a growing number of nuclear families. Pet parents typically use packaged nutritional food to ensure that their pets get enough nutrients. Animals such as cats, fish, birds, and reptiles are less popular as pets than dogs. As a result, many pet food companies is expected to witness new opportunities to develop a diverse range of dog food products.
Some people have begun to abandon their pets as a result of widespread misunderstanding about their immunity to infection. As a result, the pet food industry launched various public awareness initiatives in order to refute the myths.
Brazil is the world's second-largest pet food market. Due to strong pet ownership, a growing focus on pet health, and high spending on natural, high-quality pet animal foods, Brazil is a highly promising country in the regional pet food market. In addition, because Brazil has the world's most diverse pet population, tiny families, childless couples, and individuals living in apartments prefer birds and fish as pets along with dogs and cats.
The Brazil market dominated the LAMEA Pet Food Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $2.2 billion by 2027. The Argentina market is expected to witness a CAGR of 7.2% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 6.3% during (2021 - 2027).
Based on Pet Type, the market is segmented into Dog, Cat and Others. Based on Food Type, the market is segmented into Dry Food, Wet Food, Treats & Snacks and Others. Based on Sales Channel, the market is segmented into Specialized Pet Shops, Supermarkets & Hypermarkets, Online Sales Channel and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unicharm Corporation (The Hartz Mountain Corporation), Farmina Pet Foods Holding B.V., Nestle S.A. (Nestle Purina), General Mills, Inc., Mars, Inc., The Colgate-Palmolive Company, The Wellness Pet Company (Clearlake Capital Group, L.P.), Schell & Kampeter, Inc., and Archer Daniels Midland Company.
Some of the major trends of the market are an increase in disposable income and a growing number of nuclear families. Pet parents typically use packaged nutritional food to ensure that their pets get enough nutrients. Animals such as cats, fish, birds, and reptiles are less popular as pets than dogs. As a result, many pet food companies is expected to witness new opportunities to develop a diverse range of dog food products.
Some people have begun to abandon their pets as a result of widespread misunderstanding about their immunity to infection. As a result, the pet food industry launched various public awareness initiatives in order to refute the myths.
Brazil is the world's second-largest pet food market. Due to strong pet ownership, a growing focus on pet health, and high spending on natural, high-quality pet animal foods, Brazil is a highly promising country in the regional pet food market. In addition, because Brazil has the world's most diverse pet population, tiny families, childless couples, and individuals living in apartments prefer birds and fish as pets along with dogs and cats.
The Brazil market dominated the LAMEA Pet Food Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $2.2 billion by 2027. The Argentina market is expected to witness a CAGR of 7.2% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 6.3% during (2021 - 2027).
Based on Pet Type, the market is segmented into Dog, Cat and Others. Based on Food Type, the market is segmented into Dry Food, Wet Food, Treats & Snacks and Others. Based on Sales Channel, the market is segmented into Specialized Pet Shops, Supermarkets & Hypermarkets, Online Sales Channel and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unicharm Corporation (The Hartz Mountain Corporation), Farmina Pet Foods Holding B.V., Nestle S.A. (Nestle Purina), General Mills, Inc., Mars, Inc., The Colgate-Palmolive Company, The Wellness Pet Company (Clearlake Capital Group, L.P.), Schell & Kampeter, Inc., and Archer Daniels Midland Company.
Scope of the Study
Market Segments Covered in the Report:
By Pet Type
- Dog
- Cat and
- Others
By Food Type
- Dry Food
- Wet Food
- Treats & Snacks and
- Others
By Sales Channel
- Pet Shops
- Supermarkets & Hypermarkets
- Online and
- Other Channels
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Unicharm Corporation (The Hartz Mountain Corporation)
- Farmina Pet Foods Holding B.V.
- Nestle S.A. (Nestle Purina)
- General Mills, Inc.
- Mars, Inc.
- The Colgate-Palmolive Company
- The Wellness Pet Company (Clearlake Capital Group, L.P.)
- Schell & Kampeter, Inc.
- Archer Daniels Midland Company
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Pet Food Market by Pet Type
Chapter 5. LAMEA Pet Food Market by Food Type
Chapter 6. LAMEA Pet Food Market by Sales Channel
Chapter 7. LAMEA Pet Food Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Unicharm Corporation (The Hartz Mountain Corporation)
- Farmina Pet Foods Holding B.V.
- Nestle S.A. (Nestle Purina)
- General Mills, Inc.
- Mars, Inc.
- The Colgate-Palmolive Company
- The Wellness Pet Company (Clearlake Capital Group, L.P.)
- Schell & Kampeter, Inc.
- Archer Daniels Midland Company
Methodology
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