"Pet owners all over the world see their animals as members of their families and seek high-quality pet care products and services to ensure their well-being. Recent advancements in the pet care market have been fuelled by concerns about these pet care products’ safety requirements. Pets have a special place and are considered family in most homes. Pet care products are becoming more popular as people are focusing more on animal welfare and well-being. Food, hygiene, toys, and other kinds of animal care products are now widely available in the market. The demand for premium pet care products and services is also being driven by rising pet adoption rates and increasing per-capita pet spending across regions. In addition, a main driver of the pet care business across the country is rapidly increasing urbanization. Cats, dogs, and other pets are most popular because they are simpler to humanize and indulge than larger animals. Nowadays, cats have become a prominent choice as pets for pet owners, which are subsequently driving the sales of cat care products and accessories. According to the report, “Brazil Pet Care Market Overview, 2022-2027” published by Bonafide Research, the market is anticipated to witness exponential growth during the upcoming time frame owing to increasing adoption of pets. Other reasons contributing to the expansion of the pet care market include improving attitudes toward pets, changing lifestyles, an increasing number of nuclear households, and a growing number of millennial. Further, demand for vegan animal food items is also likely to be driven by changing animal owners’ tendencies in feeding plant-based and healthy meals to their pets. Aside from that, the rising popularity of premium service dog and cat toys among animal owners is likely to boost the demand for pet dog and cat toys. Rising demand for high-quality animal hygiene products is expected to fuel market expansion over the coming years. Having a companion animal offers several benefits such as reduced stress, boosting confidence, healthy heart, and blood pressure and cholesterol levels control, which are scientifically proven facts that encourage people to own pets. Surging pet ownership among the millennial and generation Z along with the rapidly penetrating social media and e-commerce platforms across the globe significantly boosts the pet care market growth. Technological advancements that are making grooming, training facilities, and boarding accessible to the owners and assist in keeping track of the pets are expected to boost the market growth. Also, mobile pet grooming, a companion animal service sector is growing rapidly across the country. The hectic schedule of pet owners has propelled the demand for mobile pet grooming. For geriatric population with limited mobility, mobile grooming services have been invaluable. The Brazil pet care market is segmented into four major parts including pet food, pet healthcare, pet accessories and pet grooming. Among these types, pet food acquires higher market share compared to other types in 2021. Growing inclination towards the advantage of protein rich diet to improve the strength and help in maintaining the body condition of the pets will foster the segment size. Additionally, majority of pet parents prefer traditional proteins such as beef and chicken when it comes to the ingredients in their pets’ food. However, pet grooming and pet healthcare segments are projected to witness prominent market growth by the upcoming timeframe. Further the market is segmented into four animal types including dog, cat, aquaria and bird. Among these types, dog segment is leading the market in 2021. Based on the food type, dry food is projected to dominate the market during the forecast period. Covid-19 Impacts: The COVID-19 pandemic in 2020 had both positive and negative impact on the market growth. Due to the lockdown and social distancing norms, production units were at halt and also supply chain was heavily disrupted. On the other hand, the pet care industry was already witnessing a strong growth in the pre-pandemic. However, the lockdown restrictions imposed during the pandemic led to increased concerns among the pet owners regarding their pets’ health and this resulted in panic buying of pet food and other essential accessories and pet products. This spiked the demand for the pet care products. Considered in this report • Geography: Brazil • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Brazil pet care market with its value and forecast along with its segments • Various divers and challenges • Ongoing trends and developments • Five force models • Top profiled companies • Strategic recommendation Segment covered in the report • Pet foods • Pet healthcare • Pet accessories • Pet grooming By Pet Type in the report •Dog Food •Cat Food •Fish Food •Bird Food •Others By Food Type in the report •Dry Food •Wet or Canned •Snacks and treats •others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering, the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started, verifying the details obtained from secondary sources. Intended audience This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to pet care products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Please get in touch with our sales team to find out more."
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample