NEWS

International Business Newsletter-Brazil has become the third largest pet market in the world

Brazil has become the third largest pet market in the world


According to Abinpet (Brazilian Pet Products Industry Association), Brazil ranks third in global pet sales, accounting for 4.95% of the global market, second only to the United States (43.7%) and China (8.7%). In 2023, the sales of pet products market segment are expected to increase by 10.6%, reaching 46.42 billion reais.


More than 50 percent of Brazilian households have dogs or cats, and about 30 percent of those increased during the pandemic. A study by Adventures showed the pet market was one of the fastest growing in Brazil during the pandemic, with purchases up 108 percent.




巴西成全球宠物品类第三大市场


       据Abinpet(巴西宠物产品行业协会)的数据显示,巴西在全球宠物领域销售额排名第三,占全球市场的4.95%,仅次于美国(43.7%)和中国(8.7%)。2023年宠物用品细分市场的销售额预计将增长10.6%,达到464.2亿雷亚尔。


      超过50%的巴西家庭养有狗或猫,其中约30%在疫情期间增加。据Adventures的一项研究显示,在疫情期间,宠物市场是增长最快的巴西市场之一,购买量增长了108%。