Petfood Industry - July 2018 - 32
32 | www.PetfoodIndustry.com
Brazil, Mexico lead
Latin America in pet food
Many other Latin American nations have the potential to increase their
pet food consumption per animal, although some face economic and
Boosting the daily amount of
commercial pet food consumed is one
way less populated countries could
become 'bigger than they are' in the
pet food market.
photo by Iryna Inshyna I shutterstock.com
While Brazil and Mexico dominate Latin
American pet food markets, other nations
have the potential to grow by following
similar patterns to the two leaders, said Ivan
Franco, founder of Triplethree International
Market Research, during the opening session
of Foro Mascotas 2018 on May 31 in Guadalajara, Jalisco, Mexico.
Franco examined the total volume
of pet food sold in various North and
South American nations where Romance
languages predominate. Likewise, he
analyzed the amount of commercial pet
food given daily to pets in these countries.
Franco found that Brazil stands above
Latin America's pet food market has growth potential
all other markets in Latin America in
total volume of commercial pet food sold.
Mexico's pet food market ranked second
in total volume with a somewhat higher
amount of daily consumption per pet than
Brazil. That consumption per day is one
area where other nations can focus to grow
their regional pet food markets.