Market Size of south america dog food Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 9.94 Billion |
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Market Size (2029) | USD 17.54 Billion |
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Largest Share by Pet Food Product | Food |
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CAGR (2024 - 2029) | 12.03 % |
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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 Dog Food Market Analysis
The South America Dog Food Market size is estimated at USD 9.94 billion in 2024, and is expected to reach USD 17.54 billion by 2029, growing at a CAGR of 12.03% during the forecast period (2024-2029).
9.94 Billion
Market Size in 2024 (USD)
17.54 Billion
Market Size in 2029 (USD)
12.45 %
CAGR (2017-2023)
12.03 %
CAGR (2024-2029)
Largest Market by Product
75.71 %
value share, Food, 2022
The higher dog population and many households considering commercial pet food, especially dry food, for regular usage for their dogs are promoting market growth.
Largest Market by Country
69.39 %
value share, Brazil, 2022
Due to its significant dog population, higher spending by pet owners, and the presence of well-established companies compared to others, the country is registering an increased share.
Fastest-growing Market by Product
15.65 %
Projected CAGR, Pet Veterinary Diets, 2023-2029
The increasing diseases in dogs, specifically digestive and CKD issues, increased the necessity of diets to support canine health, thereby promoting market growth.
Fastest-growing Market by Country
17.04 %
Projected CAGR, Argentina, 2023-2029
The rising pet ownership rates, improving economic conditions, and increased disposable incomes among dog owners in the country are driving the market's growth.
Leading Market Player
11.46 %
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.
Veterinary diets are the fastest-growing segment, driven by increasing incidence of diseases such as renal, urinary tract, and diabetes
- In South America, dogs are the major pets dominating the overall pet food market due to the higher per capita consumption and high population. Therefore, in 2022, dogs held 68.8% of the region's pet food market, which increased by 83.9% between 2017 and 2022 due to an increase in the dog population by 12.7% during the same period.
- In 2022, the pet food segment was the largest segment of the regional dog food market, with a market value of USD 6,038.3 million. It is due to the regular feeding of pet food to meet their daily nutritional requirements, which act as a staple food for dogs. Moreover, dry pet food dominated over wet pet food as it accounted for a 75.3% share in 2022 due to its convenience to feed, cost-effectiveness, high shelf life, and nutritional balance.
- The treats segment was the second-largest segment, with a market value of USD 1,041.8 million in 2022, followed by veterinary diets (USD 701.5 million) and nutraceuticals/supplements (USD 199.2 million). The treats segment grew by 79.2% between 2017 and 2022 due to their advantages, such as positive reinforcement during training sessions, source of mental stimulation and entertainment, providing special indulgence, and strengthening the bond between the pet and its parent.
- However, the veterinary diets market is projected to register the fastest CAGR of 15.6% during the forecast period. It is due to the growing adoption of veterinary diets as a proactive approach to preventive care for dogs and the increasing incidence of diseases such as renal, urinary tract, and diabetes.
- The increase in population, increased awareness of preventive approaches, rise in pet humanization, and advantages of product types are the factors expected to drive the market with a CAGR of 12.3% during the forecast period.
Understand The Key Trends Shaping This Market
Brazil dominated the market with the presence of a highly established distribution network
- In 2022, South America emerged as one of the largest markets in the global dog food market, with a market value of around USD 7.97 billion. Brazil and Argentina are the major contributors to the dog food market in South America due to the high pet ownership rates in these countries. The South American dog food market grew by 84.9% from 2017 to 2022, driven by the increasing adoption of pets, the growing awareness of dog health and wellness, and the rising trend of pet humanization.
- Brazil dominates the South American dog food market, with a market value of USD 5.53 billion in 2022. This is mainly due to the country's significant pet dog population, which reached 5.9 million in 2022. Growing disposable income, changing demographic patterns, and evolving consumer preferences have also contributed to Brazil's strong market presence.
- Argentina is one of the biggest pet-loving countries in South America. Dogs are the primary choice of pets, accounting for 36.4% of the pet population of the country in 2022. This significant dog population has contributed to the growth of the dog food market in the country, which reached a market value of USD 800.8 million in the same year.
- The Rest of South America segment includes countries like Chile, Paraguay, and Venezuela. There is a rising demand for dog food products in these countries as more people adopt dogs as pets. The dog food market in the Rest of South America was valued at USD 1.64 billion in 2022. It is driven by the increased humanization of pets, higher disposable incomes, and a shift in customer preferences toward commercial pet food.
- The growing dog population, increased disposable income, and pet adoption in South America are expected to fuel the growth of the market during the forecast period.
South America Dog 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.
- In South America, dogs are the major pets dominating the overall pet food market due to the higher per capita consumption and high population. Therefore, in 2022, dogs held 68.8% of the region's pet food market, which increased by 83.9% between 2017 and 2022 due to an increase in the dog population by 12.7% during the same period.
- In 2022, the pet food segment was the largest segment of the regional dog food market, with a market value of USD 6,038.3 million. It is due to the regular feeding of pet food to meet their daily nutritional requirements, which act as a staple food for dogs. Moreover, dry pet food dominated over wet pet food as it accounted for a 75.3% share in 2022 due to its convenience to feed, cost-effectiveness, high shelf life, and nutritional balance.
- The treats segment was the second-largest segment, with a market value of USD 1,041.8 million in 2022, followed by veterinary diets (USD 701.5 million) and nutraceuticals/supplements (USD 199.2 million). The treats segment grew by 79.2% between 2017 and 2022 due to their advantages, such as positive reinforcement during training sessions, source of mental stimulation and entertainment, providing special indulgence, and strengthening the bond between the pet and its parent.
- However, the veterinary diets market is projected to register the fastest CAGR of 15.6% during the forecast period. It is due to the growing adoption of veterinary diets as a proactive approach to preventive care for dogs and the increasing incidence of diseases such as renal, urinary tract, and diabetes.
- The increase in population, increased awareness of preventive approaches, rise in pet humanization, and advantages of product types are the factors expected to drive the market with a CAGR of 12.3% during the forecast period.
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| Online Channel | |
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| Argentina | |
| Brazil | |
| Rest of South America |
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South America Dog Food Market Size Summary
The South America dog food market is experiencing significant growth, driven by the increasing dog population and the region's preference for dogs as pets. Dogs dominate the pet food market in South America, accounting for a substantial share due to their high per capita consumption and population. The market is characterized by a strong demand for pet food, particularly dry pet food, which is favored for its convenience, cost-effectiveness, and nutritional balance. The treats segment also shows robust growth, attributed to their role in training and bonding with pets. Additionally, the veterinary diets market is poised for rapid expansion, reflecting a growing trend towards preventive care and addressing health issues in dogs.
Brazil and Argentina are key contributors to the market's expansion, with Brazil leading due to its large pet dog population and evolving consumer preferences. The market's growth is further supported by increasing disposable incomes, pet humanization trends, and a shift towards premium pet food products. Despite economic challenges and price sensitivity in some countries, the demand for high-quality dog food remains strong. The market is fragmented, with major players like BRF Global, Empresas Carozzi SA, Mars Incorporated, Nestle (Purina), and PremieRpet leading the charge. The rise of e-commerce during the pandemic has also influenced distribution channels, although offline retail remains predominant.
South America Dog 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 Dog Food Market Size FAQs
How big is the South America Dog Food Market?
The South America Dog Food Market size is expected to reach USD 9.94 billion in 2024 and grow at a CAGR of 12.03% to reach USD 17.54 billion by 2029.
What is the current South America Dog Food Market size?
In 2024, the South America Dog Food Market size is expected to reach USD 9.94 billion.
