Pet Food Market in Peru 2022

November 2022 | 15 pages | ID: P89EBAA992E5EN
StrategyHelix Inc

Abstracts

Pet food is animal feed intended for consumption by pets. Typically sold in pet stores and supermarkets, it is usually specific to the type of animal, such as dog, cat, as well as bird food or fish. According to a report by StrategyHelix, the pet food market in Peru is set to increase by US$ 426.0 million during 2022-2028, growing at a CAGR of 10.2% during the forecast period. Pets provide well-being benefits for people because humans imbue these animals with socially-supportive attributes, that in turn, psychologically translate into experiencing social support from them. Nowadays, the majority of dog and cat owners report that their pet is a family member just like anyone else. The humanization of pets is the main driver for the pet food market. With this increase in humanization, pets are being treated with more care and hygiene, which has increased consumer demand for high-quality pet food products.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value and volume for pet food. The Peru pet food market is segmented on the basis of product, pricing, and retail channel. On the basis of product, the pet food market in Peru has been segmented into cat food, dog food, others. By pricing, the pet food market in Peru has been segmented into economy pet food, premium pet food. Among these, the economy pet food segment was accounted for the highest revenue generator in 2021. Based on retail channel, the pet food market in Peru is categorized into e-commerce, pet specialty stores, supermarkets and hypermarkets, veterinary clinics, others.

The dog food market is further segmented into dry dog food, mixers & treats, and wet dog food. In Peru, the dry dog food segment made up the largest share of the pet food market. Furthermore, the cat food market has been categorized into dry cat food, mixers & treats, and wet cat food. The dry cat food segment was the largest contributor to the Peru pet food market in 2021. The other pet food market is further divided into bird food, fish food, and others.

The Peru pet food market is highly competitive. The prominent players operating in the Peru pet food market include Rinti SA, Nestle S.A., Empresas Carozzi S.A., Colgate-Palmolive Company, Mars Incorporated, VAFO Group a.s., Rolf C. Hagen Inc. Competitive landscape gives a description of the competitive nature of the pet food market in Peru and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

Report Scope
Product: cat food, dog food, others
Pricing: economy pet food, premium pet food
Retail channel: e-commerce, pet specialty stores, supermarkets and hypermarkets, veterinary clinics, others
Years considered: this report covers the period 2018 to 2028
Company mentioned: Rinti SA, Nestle S.A., Empresas Carozzi S.A., Colgate-Palmolive Company, Mars Incorporated, VAFO Group a.s., Rolf C. Hagen Inc.

Key Benefits for Stakeholders

• Get a comprehensive picture of the Peru pet food market
• Identify regional strategies and strategic priorities on the basis of local data
• Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. PET FOOD MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Cat food
Dog food
Others

PART 4. MARKET BREAKDOWN BY PRICING

Economy pet food
Premium pet food

PART 5. MARKET BREAKDOWN BY RETAIL CHANNEL

E-commerce
Pet specialty stores
Supermarkets and hypermarkets
Veterinary clinics
Others

PART 6. KEY COMPANIES

Rinti SA
Nestle S.A.
Empresas Carozzi S.A.
Colgate-Palmolive Company
Mars, Incorporated
VAFO Group a.s.
Rolf C. Hagen Inc.
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