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Argentina Pet Food Market Size, Growth, Analysis, Forecast: By Pet Type: Dog Food, Cat Food, Bird Food, Fish Food, Others; By Food Type: Dry, Wet, Snacks and Treat; By Price Category: Economy, Others; By Distribution Channels; Regional Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments; 2024-2032
Argentina Pet Food Market Outlook
The market size for Argentina pet food reached a value of more than USD 1,163 million in 2023. The Argentina pet food market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
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Key Trends in the Market
Food especially manufactured for consumption by pet animals to keep them healthy and their immune system strong is termed as pet food. It is mostly prepared using meat by-products, cereals, vitamins, minerals, and grains. Premium foods carry more benefits such as a reduced risk of upset stomachs and greater variety of ingredients and nutrients when compared to non-premium foods.
- Argentina has a significantly high number of pets per capita which in turn increases the demand for pet food to a great extent. The growing humanisation trend is also contributing to the growth of the Argentina pet food market.
- The rising demand for organic pet food driven by health and wellness awareness is growing among pet owners. Conventional food products can often cause health issues in the pets or do not provide optimum nutrition. Thus, organic food has become a key trend that is helping in the growth of the pet food market in Argentina.
- Rising costs of main ingredients of pet food is also increasing the cost of the final product that might affect the market adversely. While many owners are willing to spend extra for quality pet foods, high costs may be prohibitive to owners that are on a budget.
Market Analysis
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Based on pet type, the Argentina pet food market can be segmented into dog food, cat food, bird food, fish food, and others. On the basis of food type, it can be bifurcated into dog food and cat food. On the basis of product type the market is further divided into wet, dry, and snacks and treats. Based on price category market is divided into economy, mid-priced and premium. By distribution channel the market is segmented into supermarkets and hypermarkets, convenience stores, speciality stores, online stores, veterinary clinics.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Argentina pet food market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Mars Inc.
- Nestle SA
- Pet food Saladillo SA
- Nelsoni Ranch SA
- Agroindustries Baires SA
- Others
Market Share by Food Type
Cat food contains protein, minerals fat and vitamins in large amounts and is higher in calories to meet the metabolic needs of their body. They can tolerate the intake of Vitamin D that in large amounts can cause kidney failure and even fatality for dogs. Hence, dog food and cat food are manufactured separately and cannot be fed to each other. Dogs are more common as a pet in Argentina which makes it a larger share holder in the Argentina pet food market.
Market Share by Distribution Channels
Pet foods are distributed through various channels such as supermarkets, veterinary stores, convenient stores or online stores. A lot of pets tend to fall sick and get recommendations from the doctors for change in their food type which are easily availed from veterinary clinics. Some pet owners find it convenient to get pet food from specialty stores nearby that only keep pet foods. Supermarkets have also started selling pet foods along with other grocery items. Online stores are also becoming prevalent as they deliver food to the door, offering greater convenience . The large variety in distribution channels is contributing to the growth of the Argentina pet food market.
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Competitive Landscape
Mars Inc. was founded in 1911 and has its headquarter in Virginia, in the United States. They have around 1 lakh Mars Petcare Associates who fulfil the needs of pets while providing quality nutrition. With this food business, the company aims to serve the world more positively.
Nestle SA, founded in 1866, is headquartered in Vevey, Switzerland is the largest food and beverage company in the world. It aims at providing affordable nutrition to improve the quality of life of humans and pets and works to eradicate hunger and malnutrition from the world.
Pet food Saladillo SA was established in 2009 and is known for producing balanced pet food. They separate every process involved in the production from receiving of raw materials to the final packaging of the pet food, making sure that they have full control of the supply chain and its smooth operations.
Other market players include Nelsoni Ranch SA, and Agroindustries Baires SA, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Pet Type |
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| Breakup by Product Type |
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| Breakup by Price Category |
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| Breakup by Distribution Channels |
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| Market Dynamics |
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| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Latin America Pet Population Overview
8.1 Key Industry Highlights
8.2 Latin America Pet Historical Population (2018-2023)
8.3 Latin America Pet Population Forecast (2024-2032)
8.4 Latin America Pet Population by Country
8.4.1 Market Share
8.4.1.1 Brazil
8.4.1.2 Argentina
8.4.1.3 Mexico
8.4.1.4 Others
9 Latin America Pet Food Market Overview
9.1 Key Industry Highlights
9.2 Latin America Pet Food Historical Market (2018-2023)
9.3 Latin America Pet Food Market Forecast (2024-2032)
9.4 Latin America Pet Food Market by Country
9.4.1 Market Share
9.4.1.1 Brazil
9.4.1.2 Argentina
9.4.1.3 Mexico
9.4.1.4 Others
10 Argentina Pet Population Analysis
10.1 Key Industry Highlights
10.2 Argentina Pet Historical Population (2018-2023)
10.3 Argentina Pet Population Forecast (2024-2032)
10.4 Argentina Pet Population by Pet Type
10.4.1 Dog
10.4.1.1 Market Share
10.4.1.2 Historical Trend (2018-2023)
10.4.1.3 Forecast Trend (2024-2032)
10.4.2 Cat
10.4.2.1 Market Share
10.4.2.2 Historical Trend (2018-2023)
10.4.2.3 Forecast Trend (2024-2032)
10.4.3 Others
11 Argentina Pet Food Market Analysis
11.1 Key Industry Highlights
11.2 Argentina Pet Food Historical Market (2018-2023)
11.3 Argentina Pet Food Market Forecast (2024-2032)
11.4 Argentina Pet Food Market by Pet Type
11.4.1 Dog Food
11.4.1.1 Market Share
11.4.1.2 Historical Trend (2018-2023)
11.4.1.3 Forecast Trend (2024-2032)
11.4.2 Cat Food
11.4.2.1 Market Share
11.4.2.2 Historical Trend (2018-2023)
11.4.2.3 Forecast Trend (2024-2032)
11.4.3 Bird Food
11.4.3.1 Market Share
11.4.3.2 Historical Trend (2018-2023)
11.4.3.3 Forecast Trend (2024-2032)
11.4.4 Fish Food
11.4.4.1 Market Share
11.4.4.2 Historical Trend (2018-2023)
11.4.4.3 Forecast Trend (2024-2032)
11.4.5 Others
11.5 Argentina Pet Food Market by Food Type
11.5.1 Dry
11.5.1.1 Market Share
11.5.1.2 Historical Trend (2018-2023)
11.5.1.3 Forecast Trend (2024-2032)
11.5.2 Wet
11.5.2.1 Market Share
11.5.2.2 Historical Trend (2018-2023)
11.5.2.3 Forecast Trend (2024-2032)
11.5.3 Snacks and Treat
11.5.3.1 Market Share
11.5.3.2 Historical Trend (2018-2023)
11.5.3.3 Forecast Trend (2024-2032)
11.6 Argentina Pet Food Market by Price Category
11.6.1 Economy
11.6.1.1 Market Share
11.6.1.2 Historical Trend (2018-2023)
11.6.1.3 Forecast Trend (2024-2032)
11.6.2 Mid-Priced
11.6.2.1 Market Share
11.6.2.2 Historical Trend (2018-2023)
11.6.2.3 Forecast Trend (2024-2032)
11.6.3 Premium
11.6.3.1 Market Share
11.6.3.2 Historical Trend (2018-2023)
11.6.3.3 Forecast Trend (2024-2032)
11.7 Argentina Pet Food Market by Distribution Channels
11.7.1 Supermarkets and Hypermarkets
11.7.1.1 Market Share
11.7.1.2 Historical Trend (2018-2023)
11.7.1.3 Forecast Trend (2024-2032)
11.7.2 Convenience Stores
11.7.2.1 Market Share
11.7.2.2 Historical Trend (2018-2023)
11.7.2.3 Forecast Trend (2024-2032)
11.7.3 Specialty Stores
11.7.3.1 Market Share
11.7.3.2 Historical Trend (2018-2023)
11.7.3.3 Forecast Trend (2024-2032)
11.7.4 Online Stores
11.7.4.1 Market Share
11.7.4.2 Historical Trend (2018-2023)
11.7.4.3 Forecast Trend (2024-2032)
11.7.5 Veterinary Clinics
11.7.5.1 Market Share
11.7.5.2 Historical Trend (2018-2023)
11.7.5.3 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Trade Data Analysis (HS Code – 2309)
13.1 Major Exporting Countries by Value
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players’ Market Share
15.3 Company Profiles
15.3.1 Mars Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Demographic Reach and Achievements
15.3.1.4 Certifications
15.3.2 Nestlé SA
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Demographic Reach and Achievements
15.3.2.4 Certifications
15.3.3 Spectrum Brands, Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Demographic Reach and Achievements
15.3.3.4 Certifications
15.3.4 Petfood Saladillo SA
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Demographic Reach and Achievements
15.3.4.4 Certifications
15.3.5 Nelsoni Ranch SA
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Demographic Reach and Achievements
15.3.5.4 Certifications
15.3.6 Agroindustrias Baires SA
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Demographic Reach and Achievements
15.3.6.4 Certifications
15.3.7 Others
16 Industry Events and Developments
List of Figures and Tables
1. Latin America Pet Population Market: Key Industry Highlights, 2018 and 2032
2. Latin America Pet Food Market: Key Industry Highlights, 2018 and 2032
3. Argentina Pet Population: Key Industry Highlights, 2018 and 2032
4. Argentina Pet Historical Population: Breakup by Pet Type (USD Million), 2018-2023
5. Argentina Pet Population Forecast: Breakup by Pet Type (USD Million), 2024-2032
6. Argentina Pet Food Market: Key Industry Highlights, 2018 and 2032
7. Argentina Pet Food Historical Market: Breakup by Pet Type (USD Million), 2018-2023
8. Argentina Pet Food Market Forecast: Breakup by Pet Type (USD Million), 2024-2032
9. Argentina Pet Food Historical Market: Breakup by Food Type (USD Million), 2018-2023
10. Argentina Pet Food Market Forecast: Breakup by Food Type (USD Million), 2024-2032
11. Argentina Pet Food Historical Market: Breakup by Price Category (USD Million), 2018-2023
12. Argentina Pet Food Market Forecast: Breakup by Price Category (USD Million), 2024-2032
13. Argentina Pet Food Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
14. Argentina Pet Food Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
15. Major Importing Countries by Value
16. Major Exporting Countries by Value
17. Major Importing Countries by Volume
18. Major Exporting Countries by Volume
19. Argentina Pet Food Market Structure
Key Questions Answered in the Report
The market size reached a value of more than USD 1,163 million in 2023.
The market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
Major drivers of the market are rising adoption of pets and increasing awareness about dedicated pet foods.
Key trends of the Argentina pet food market are growing humanisation of pets leading to their better care, increase in demand for organic pet food, and increasing cost of the ingredients.
The market is segmented based on pet type, food type, price category and distribution channels.
Major market players are Mars Inc., Nestle SA, Petfood Saladillo SA, Nelsoni Ranch SA, and Agroindustrias Baires SA, among others.
By distribution channel the market is segmented into supermarkets and hypermarkets, convenience stores, speciality stores, online stores, veterinary clinics, and others.
Food especially manufactured for the consumption by the pet animals to keep their immune system strong is termed as pet food.
Premium foods carry more benefits such as reduced risk of upset stomach, diarrhoea, and vomiting in pets as well as greater quality of ingredients and nutrition when compared to non-premium food.
Pet foods are mostly prepared using meat by-products, cereals, vitamins, minerals, and grains.
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