Petfood Industry - May 2019 - 28

28 | www.PetfoodIndustry.com

Venezuela's crisis is
worsening pets' nutrition
Few pet owners in Venezuela can afford to feed their pets,
leading to pet malnutrition or abandonment.
IVÁN FRANCO

The long political crisis in Venezuela has severely
soured the local pet food market in many ways.
Along with hyperinflation, there is a generalized
scarcity of raw inputs to produce pet food, challenging local companies to keep their businesses
running and distribute these products regularly.
Most importantly, consumers no longer can afford to
pay for pet food products.
Owning and taking care of a pet in Venezuela
has become quite luxurious. As inflation rises every

day, it is complex and pointless to analyze the real
cost of a package of dry dog or cat food. Yet local
and international sources revealed that the cost of
buying one kilogram of dog food is equal to 10 to 20
days' salary for a minimum-wage worker.
From the supply side, there are just a few local
companies that can produce pet food products,
although with many restrictions. On the other
hand, imports are not viable due to the difficulty of
obtaining foreign currency in the formal market.

Venezuelan pet population decreasing
As a result of the economic recession and
the shortage of pet food and overall food products, pet owners are increasingly abandoning
their pets in the streets of Venezuela, ravaging
pets' health and nutrition.
Thus, it is not surprising that the pet population is decreasing in the country, either due
to malnutrition or abandonment. According
to estimates, Venezuela has around 3.5
million dogs and cats. As the local industry
is producing dog and cat food at a minimum
capacity, pet nutrition suffered a significant
reduction in caloric penetration, with just
around 25 grams per pet daily, the lowest in
south America.
Local pet owners are increasingly substituting pet food with food scraps, homemade
preparations using chicken feet and kidneys or,
often, swine food.
Vadim Petrakov I shutterstock.com
Peter Hermes Furian I AdobeStock.com

May 2019

Industry


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Petfood Industry - May 2019

Table of Contents for the Digital Edition of Petfood Industry - May 2019

Petfood Industry - May 2019
Contents
Pet food M&A reaches throughout the supply chain
Speaking of…
Top 50 companies in 2019
Latin America pet food ingredient use: local vs. imported
Is pet food production signaling recession in Mexico?
Brazil pet food market likely to maintain positive growth
Venezuela’s crisis is worsening pets’ nutrition
Argentina: pet-loving market dealing with poor economy
Guide to Petfood Forum Europe 2019
Independent Conclusions of GRAS: Will AAFCO allow?
Synthetic preservatives in my pet’s food —no thanks!
Pet market trends: signals from pet services
New Products
Marketplace
Advertiser’s Index May
Petfood Industry - May 2019 - BB1
Petfood Industry - May 2019 - BB2
Petfood Industry - May 2019 - Petfood Industry - May 2019
Petfood Industry - May 2019 - Cover2
Petfood Industry - May 2019 - 1
Petfood Industry - May 2019 - Contents
Petfood Industry - May 2019 - 3
Petfood Industry - May 2019 - Pet food M&A reaches throughout the supply chain
Petfood Industry - May 2019 - 5
Petfood Industry - May 2019 - Speaking of…
Petfood Industry - May 2019 - 7
Petfood Industry - May 2019 - 8
Petfood Industry - May 2019 - 9
Petfood Industry - May 2019 - Top 50 companies in 2019
Petfood Industry - May 2019 - 11
Petfood Industry - May 2019 - 12
Petfood Industry - May 2019 - 13
Petfood Industry - May 2019 - 14
Petfood Industry - May 2019 - 15
Petfood Industry - May 2019 - 16
Petfood Industry - May 2019 - 17
Petfood Industry - May 2019 - 18
Petfood Industry - May 2019 - 19
Petfood Industry - May 2019 - Latin America pet food ingredient use: local vs. imported
Petfood Industry - May 2019 - 21
Petfood Industry - May 2019 - 22
Petfood Industry - May 2019 - 23
Petfood Industry - May 2019 - Is pet food production signaling recession in Mexico?
Petfood Industry - May 2019 - 25
Petfood Industry - May 2019 - Brazil pet food market likely to maintain positive growth
Petfood Industry - May 2019 - 27
Petfood Industry - May 2019 - Venezuela’s crisis is worsening pets’ nutrition
Petfood Industry - May 2019 - 29
Petfood Industry - May 2019 - 30
Petfood Industry - May 2019 - 31
Petfood Industry - May 2019 - 32
Petfood Industry - May 2019 - 33
Petfood Industry - May 2019 - Argentina: pet-loving market dealing with poor economy
Petfood Industry - May 2019 - 35
Petfood Industry - May 2019 - 36
Petfood Industry - May 2019 - 37
Petfood Industry - May 2019 - Guide to Petfood Forum Europe 2019
Petfood Industry - May 2019 - 39
Petfood Industry - May 2019 - 40
Petfood Industry - May 2019 - 41
Petfood Industry - May 2019 - Independent Conclusions of GRAS: Will AAFCO allow?
Petfood Industry - May 2019 - 43
Petfood Industry - May 2019 - 44
Petfood Industry - May 2019 - 45
Petfood Industry - May 2019 - Synthetic preservatives in my pet’s food —no thanks!
Petfood Industry - May 2019 - 47
Petfood Industry - May 2019 - 48
Petfood Industry - May 2019 - 49
Petfood Industry - May 2019 - Pet market trends: signals from pet services
Petfood Industry - May 2019 - 51
Petfood Industry - May 2019 - 52
Petfood Industry - May 2019 - New Products
Petfood Industry - May 2019 - 54
Petfood Industry - May 2019 - 55
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Petfood Industry - May 2019 - Marketplace
Petfood Industry - May 2019 - 63
Petfood Industry - May 2019 - Advertiser’s Index May
Petfood Industry - May 2019 - Cover3
Petfood Industry - May 2019 - Cover4
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