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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Argentina Pet Food Market Size
The Argentina pet food market attained a value of USD 1,212.80 million in 2023. The market is expected to grow at a CAGR of 4.2% between 2024 and 2032, reaching almost USD 1,761.43 million by 2032.
Key Takeaways
- Argentina is a self-sufficient producer of corn and meat, the key raw materials for pet food production.
- In 2021, Argentina produced about 764,000 tons of pet food.
- Increasing trend of pet humanisation is supporting the adoption of high-quality products.
Pet food is available in a variety of forms, including canned, dehydrated, and frozen, enriched with different ingredients to meet the varied nutritional requirements and healthcare needs of animals.
Argentina has the presence of 40 pet food manufacturers, majorly concentrated in 3 states (Buenos Aires, Cordoba, and Santa Fe).
Pet owners are becoming more demanding in search for adequate food for their companion animals as a result of rising concern for pet’s welfare, health, and comfort. Pet food manufacturers are working to create formulas that not only taste good to animals but also improve their quality of life.
Further, the rising disposable income of the population has increased the sales of pet food. The increasing consumer demand for organic pet foods are contributing to the growth of the premium category.
Argentina Pet Food Market Report Snapshots
Argentina Pet Food Market Size
Argentina Pet Food Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Argentina pet food market reached a value of USD 1,212.80 million in 2023.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The factors supporting the market growth include increasing pet humanisation, rising disposable incomes, increasing awareness regarding pet health, and the demand for premium pet foods.
The different pet types are dog, cat, fish, bird, and others.
The product types include dry pet food, wet pet food, and snacks and treats.
The price categories include economy products, mid-priced products, and premium products.
Pet foods are mostly prepared using meat by-products, cereals, vitamins, minerals, and grains.
The key players in the market include Mars, Incorporated, Nestlé S.A, Spectrum Brands Holdings Inc., BRF S.A., Petfood Saladillo SA, Agroindustrias Baires S.A., Petfood Saladillo SA, Agroindustrias Baires S.A., Nelsoni Ranch and Others.
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