Dublin--(BUSINESS WIRE)--"Brazil pet care market size, share and analysis, by category (dog food, cat food, other pet food, cat litter, pet health, pet dietary supplements and others), by pet Food type (dry food, wet food, pet snacks) forecasts and opportunities, 2021-2025" report has been added to ResearchAndMarkets.com products.

The Covid 19 pandemic has had an unprecedented impact on Brazil, especially in the first half of 2020, as the number of infections per capita is still higher than in other South American countries. The pandemic has put pressure on economic activity, and the country's GDP growth in 2020 will be 4.1%. The impact of the pandemic has spread across all industries, but fast-moving consumer goods and pet care have recorded positive growth. The pandemic triggered the need for a stimulus plan to revive the economy. The Brazilian Ministry of Economy announced a US$150 billion (750 billion reais) stimulus plan to mitigate the economic impact of the 2020 Covid-19 pandemic. The stimulus plan will help the economy to record a slower recovery in the second half of 2020 and continue to gain further momentum in the first and second quarters of 2021. The real GDP in the first quarter of 2021 will increase by about 1.3% from the previous month. As business sentiment improves, the pet care industry will perform better in 2021.

Brazilian pet care shows resilience:

During the Covid 19 pandemic and lockdown measures, Brazil has witnessed an increase in pet adoption due to increased loneliness. According to our latest Brazilian pet care market report, the county has the most small dogs (weight 20 pounds or less), with more than 102 dogs per 1,000 people, despite the Covid-19 pandemic and negative GDP growth. As working from home continues, Brazilian pet owners are still getting closer to their pets and prefer high-quality products, especially dog ​​and cat snacks, thereby helping snacks achieve higher year-on-year growth in 2020.

During the global pandemic, pet owners in Brazil are eager to stock up on dry pet food, while smaller pet food companies face the challenge of replenishing their inventory after the supply chain is disrupted. Therefore, the Brazilian government has to notify the entire pet industry as a necessary service to alleviate the supply chain disruption. By 2025, Brazil has a strong dog population of approximately 60 million. The humanization of pets and the continued quality of pet food will bring Brazil's pet care industry to 11 billion U.S. dollars.

Brazil has launched about 35 new dog food and cat food products, of which dog food accounts for about 61%. During 2020-21, the country witnessed the new product releases of Nestle Purina and Mogiana Alimentos, as well as the new product releases of many small companies. For example, Mogiana Alimentos launched a new high-quality cat food under the Gaubi Natural brand, which contains 66% high-quality animal-derived protein and 34% vegetable and mineral ingredients.

Global companies Mars and Nestlé Purina continue to dominate the Brazilian pet food market. Other companies such as Grandfood Industria, Total Alimentos and Mogiana Alimentos are also important players in the Brazilian pet food market. In 2021, Nestlé launched a new cat food "Purina One Visible Nutrition" in Brazil, which claims to contain real chicken and salmon. The newly launched product is aimed at cat owners who are keen to feed their cats with high-quality products and solve the problem of increasing obesity in their cats.

E-retailers have witnessed strong growth, especially in the first and second quarters of 2020, as Brazilian pet owners are more willing to buy pet supplies from online retailers. Due to the high number of Covid-19 infections per capita, consumers stay away from large modern retailers such as hypermarkets and supermarkets, and instead choose local pet stores, thereby increasing the value sales of pet stores and e-retailers. In addition, according to our internal survey in Brazil, more than 59% of e-shoppers stated that they will continue to buy pet food from e-retailers in the post-pandemic period.

Brazil's pet care market report elaborates on the following aspects of the pet care market:

For more information about this report, please visit https://www.researchandmarkets.com/r/8sekda

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900