The pet industry managed to maintain its reign in Brazil despite the pandemic, political turmoil, and economic crisis.In a country with more dogs than children, the pet products market has expanded. In the last five years, the pet food and accessories sector grew 87%.

With people spending more time at home, they started to invest more in their animals. Isolation also made many people decide to adopt their first pet. Some surveys show that the segment grew 13.5% in 2020 in the country compared to 2019. The increase in the number of adoptions of dogs and cats also influenced the expansion of the market

The sector was also favored by being classified as essential, which allowed veterinary shops and clinics to stay open amid restrictions imposed intermittently in the country since March 2020. The economic impact of the pandemic, however, should not overshadow the future of the pet market, which is expected to grow by 87% by 2026.

In 2021, according to Euromonitor International, Brazil should be the sixth largest pet market in the world. The country is already the world’s second largest market for dog food (54.2 million in 2018, according to Pet Brazil) and third for pet food, behind the United States and China.

Don’t miss this opportunity to hear from experts about the market and how your company can enter the Brazilian pet market.