Latin America Pet Care Market Expected to Reach USD 18.88 Billion by 2033 - IMARC Group

Latin America Pet Care Market Statistics, Outlook and Regional Analysis 2025-2033

The Latin America pet care market size was valued at USD 11.38 Billion in 2024, and it is expected to reach USD 18.88 Billion by 2033, exhibiting a growth rate (CAGR) of 5.79% from 2025 to 2033.

Rising ownership of pets and increased awareness about the health and well-being of pets in Latin America are positively influencing the industry of pet care. In accordance with this, there is a growing demand for healthcare, high-quality pet food, and related services, with an increasing number of pet-adoring families, primarily in countries like Chile, Argentina, Brazil, etc. The inflating popularity of high-end products, like customized diets and health-conscious items, indicates a surging trend toward more conscientious pet care methods. Also, the growing middle-class earnings and disposable budgets are strengthening the increased purchasing of pet-related goods and services. Pet care product manufacturers and producers are opening up for new opportunities as the adoption of technology and expansion of veterinary care are becoming significant.

Along with this, major companies are investing in the region. For example, Symrise Pet Food opened a cutting-edge production facility in Chapecó, Brazil, in August 2023. This plant, the largest for Symrise, is better equipped to meet the rising demand for pet food in Latin American markets. The facility strengthens Symrise's leadership in the pet food sector by producing liquid and powdered flavor enhancers for dogs and cats. Concurrently, the Mexican firm Vetalia, founded by María Gutiérrez and Marion Benítez, raised funding of USD 10 Million to introduce a comprehensive platform for pet care platform in August 2023. This platform showcased the growing significance of technology in pet care by incorporating features like medical record management, communication tools for veterinarians, and appointment scheduling, i.e., reflecting the increasing role of technology in veterinary communication capabilities. These programs demonstrate how businesses are adjusting to the region's growing demand for quality pet care solutions. By focusing on innovative services and premium products, businesses are driving the expansion of the pet care market in Latin America, improving service efficiency and accessibility for pet owners while strengthening the industry overall.

Latin America Pet Care Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others. These regions are building restaurants, event spaces, and pet friendly establishments.

Brazil Pet Care Market Trends:

Brazil's pet care business is expanding significantly because of the rising pet ownership and increased knowledge of pet health. Besides this, there is a noticeable trend toward high-end products, such as specialty medical supplies and organic foods. Aligned with these trends, companies like "Premier Pet" are becoming more well-known due to their high-quality offerings, which are contributing to the region’s growth.

Mexico Pet Care Market Trends:

The changing views about pets as an integral part of the family, complemented with higher disposable income, are boosting the pet care market growth in Mexico. Additionally, premium pet food and health products are on the rise alongside a growing interest in pet insurance and wellness services. Creative coverage solutions are being offered by companies like "Petplan Mexico" to address this demand. Mexico continues to expand in Latin America with steady growth in demand for high-quality products.

Argentina Pet Care Market Trends:

Argentina’s pet care sector is growing steadily, supported by an increase in urban pet ownership. Premium food, medical treatment, and grooming services are showing a stronger preference and are becoming popular among pet owners. In addition, Brands like "Royal Canin" have gained recognition for their exceptional quality. The concept of treating pets like family members is growing in popularity as people look for the greatest care for their furry fellows.

Colombia Pet Care Market Trends:

The industry of pet care in Colombia is growing as pet adoption rates are on the rise and more individuals consider pets to be members of their lives. There is a surge in demand for pet food, as well as grooming and training services. Furthermore, well-known pet food brands like Nutra Nuggets are gaining traction in the market. Convenience is a major factor stimulating the market expansion, as internet retailers like Petshop.com.co are also making pet care supplies easier to obtain.

Chile Pet Care Market Trends:

The need for superior goods and services increasingly influences the market in Chile. Natural and organic pet food is growing popular among consumers, and regional companies such as Dogourmet are rising to prominence. The amount spent on pet insurance, grooming, and medical care has also gone up. The market continues to grow steadily, fueled by rising disposable incomes and a growing trend of treating pets as companions.

Peru Pet Care Market Trends:

In Peru, as more households adopt pets, the pet care sector is expanding quickly. Further, there is an increasing demand for premium pet food, especially for premium brands such as Pedigree. Concurrently, the health-conscious attitude among pet owners is reflected in the rising interest in wellness programs and pet insurance. In the upcoming years, the industry is expected to grow even more as Peruvians come to see pets as part of the household.

Other Countries Pet Care Market Trends:

Others include countries such as Ecuador, Uruguay, Panama, and Bolivia, where distinct patterns impact the pet care market. Ecuador sees a growing demand for premium pet food, driven by urban pet owners focusing on quality nutrition. Uruguay emphasizes veterinary services, with clinics expanding to meet rising healthcare needs for pets. In Panama, accessories and grooming services are gaining traction, while Bolivia witnesses steady growth in local pet food brands catering to cost-conscious consumers.

Top Companies Leading in the Pet Care Industry

Companies in the pet care sector are using multifaceted strategies to keep their competitive edge and grow their market presence. Innovation in products is one of them, with businesses investing in research and development to introduce specialized solutions. In May 2024, Nestlé Purina unveiled a CHF 200 million investment to expand its Silao, Mexico pet food plant, adding production lines for wet and dry food. Moreover, innovative advancements are also important, i.e., smart pet care products like automated feeds and GPS collars are growing in popularity. Businesses are enhancing their distribution methods to develop new products by enhancing visibility online to benefit from the growing e-commerce sector.

Latin America Pet Care Market Segmentation Coverage

• On the basis of the product type, the market has been bifurcated into pet food (dry and wet), grooming products (shampoos and conditioners, combs and brushes, clippers and scissors, and others), and others. The demand for pet food, including both dry and wet varieties, is on the rise, with many brands introducing tailored formulas to meet specific needs. Grooming items, such as shampoos, clippers, and brushes, are gaining traction, reflecting a growing interest in pet care routines.
• Based on the pet type, the market is categorized into dog, cat, fish, and others. Dogs and cats are the most common pets, fueling the demand for tailored food and care products. Exotic pets, including fish, are becoming increasingly popular.
• On the basis of the distribution channel, the market has been divided into offline and online. Offline stores provide personalized shopping experiences, while online platforms are expanding rapidly, offering convenience and wider accessibility for consumers.