South & Central America Pet Supplements Market Forecast to 2028

According to Business Market Insights’ research, the South & Central America pet supplements market was valued at US$ 226.57 million in 2022 and is expected to reach US$ 314.96 million by 2028, registering a CAGR of 5.6% from 2022 to 2028. The rising number of pet owners and strategic developments by key market players are the critical factors attributed to the South & Central America pet supplements market expansion.

In recent years, increasing disposable income and growing interest of millennials, especially adults in their early 20s and late 30s, in pet adoption are supporting the pet culture. In addition, due to the onset of the COVID-19 pandemic, people were working from home and self-isolating; this change in lifestyle inspired households to own pets. Since there was no evidence that pets could contribute to the spread of COVID-19, people felt safe with an animal companion that provided mental and emotional support during the pandemic.

Along with increasing pet adoption, it has been observed that there is an increasing spending on pets for their wellbeing. Increasing consumer spending on pet care categories is attributed to the growing trend of pet humanization. Customers are increasing spending on premium pet food and products that are healthy and nutritious. There is a growing focus on pet health and wellness, sustainable products, and natural and locally sourced ingredients. Pet owners are also investing in special pet diets and indulgent products, which offer a better quality of life to their pets. Pet supplements help to improve the immune system and reduce the risk of heart disease, inflammation, cancer, and diabetes. In addition, these supplements also help to improve skin health and enhance the ability to reduce common health problems such as itchy skin, environmental allergies, and bacterial infection. Thus, the rising number of pet owners is boosting the demand for pet supplements.

On the contrary, stringent regulatory framework hampers the South & Central America Pet Supplements Market.

Based on form, the South & Central America pet supplements market is segmented into chewable, powder and others. The chewable segment held 65.9% share of South & Central America pet supplements market in 2022, amassing US$ 149.20 million. It is projected to garner US$ 205.60 million by 2028 to expand at 5.5% CAGR during 2022-2028.

Based on pet type, the South & Central America pet supplements market is segmented into dogs, cats, and others. The dogs segment held 78.3% share of South & Central America Pet Supplements Market in 2022, amassing US$ 177.32 million. It is projected to garner US$ 247.96 million by 2028 to expand at 5.7% CAGR during 2022-2028.

Based on distribution channel, the South & Central America pet supplements market is segmented into online and offline. The offline segment held 84.5% share of South & Central America pet supplements market in 2022, amassing US$ 191.54 million. It is projected to garner US$ 264.24 million by 2028 to expand at 5.5% CAGR during 2022-2028.

Based on country, the South & Central America pet supplements market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 46.2% share of South & Central America pet supplements market in 2022. It was assessed at US$ 104.68 million in 2022 and is likely to hit US$ 142.11 million by 2028, exhibiting a CAGR of 5.2% during 2022-2028.

Key players operating in the South & Central America pet supplements market are Nordic Naturals Inc, Swedencare AB (NaturVet), WINPRO Pet, and Zesty Paw LLC, among others.

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. South & Central America Pet Supplements Market Overview
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials
4.3.2 Manufacturing/Processing
4.3.3 Packaging and Distribution
4.4 Expert Opinion
5. South & Central America Pet Supplements Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Pet Owners
5.1.2 Strategic Developments by Key Market Players
5.2 Market Restraints
5.2.1 Stringent Regulatory Framework
5.3 Market Opportunities
5.3.1 Consumer Preferences for E-Commerce Platform
5.4 Future Trends
5.4.1 Consumer Preference for Natural Ingredients in Pet Supplements
5.5 Impact Analysis of Drivers and Restraints
6. Pet Supplements – South & Central America Market Analysis
6.1 South & Central America Pet Supplements Market Overview
6.2 South & Central America Pet Supplements Market -Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Pet Supplements Analysis – By Form
7.1 Overview
7.2 South & Central America Pet Supplements Market, By Form (2021 and 2028)
7.3 Chewable
7.3.1 Overview
7.3.2 Chewable: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Pet Supplements Market Analysis – By Pet Type
8.1 Overview
8.2 South & Central America Pet Supplements Market, By Pet Type (2021 and 2028)
8.3 Dogs
8.3.1 Overview
8.3.2 Dogs: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cats
8.4.1 Overview
8.4.2 Cats: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Pet Supplements Analysis – By Distribution Channel
9.1 Overview
9.2 South & Central America Pet Supplements Market, By Distribution Channel (2021 and 2028)
9.3 Online
9.3.1 Overview
9.3.2 Online: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Offline
9.4.1 Overview
9.4.2 Offline: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Pet Supplements Market – Country Analysis
10.1 Overview
10.1.1 South & Central America Pet Supplements Market, by Key Country
10.1.1.1 Brazil: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: South & Central America Pet Supplements Market, By Form
10.1.1.1.2 Brazil: South & Central America Pet Supplements Market, by Pet Type
10.1.1.1.3 Brazil: South & Central America Pet Supplements Market, by Distribution Channel
10.1.1.2 Argentina: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: South & Central America Pet Supplements Market, By Form
10.1.1.2.2 Argentina: South & Central America Pet Supplements Market, by Pet Type
10.1.1.2.3 Argentina: South & Central America Pet Supplements Market, by Distribution Channel
10.1.1.3 Rest of South and Central America: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of South and Central America: South & Central America Pet Supplements Market, By Form
10.1.1.3.2 Rest of South and Central America: South & Central America Pet Supplements Market, by Pet Type
10.1.1.3.3 Rest of South and Central America: South & Central America Pet Supplements Market, by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Zesty Paw LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nordic Naturals Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Winpro Co LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Swedencare AB (NaturVet)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Word Index

Table 1. South & Central America Pet Supplements Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: South & Central America Pet Supplements Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: South & Central America Pet Supplements Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: South & Central America Pet Supplements Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: South & Central America Pet Supplements Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: South & Central America Pet Supplements Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: South & Central America Pet Supplements Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of South and Central America: South & Central America Pet Supplements Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of South and Central America: South & Central America Pet Supplements Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of South and Central America: South & Central America Pet Supplements Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation

Figure 1. South & Central America Pet Supplements Market Segmentation
Figure 2. South & Central America Pet Supplements Market Segmentation – By Country
Figure 3. South & Central America Pet Supplements Market Overview
Figure 4. South & Central America Pet Supplements Market: By Form
Figure 5. South & Central America Pet Supplements Market: By Country
Figure 6. Porter’s Five Forces Analysis: South & Central America Pet Supplements Market
Figure 7. Ecosystem: South & Central America Pet Supplements Market
Figure 8. Expert Opinion
Figure 9. South & Central America Pet Supplements Market Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. South & Central America Pet Supplements Market Revenue Share, By Form (2021 and 2028)
Figure 12. Chewable: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Powder: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Others: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. South & Central America Pet Supplements Market Revenue Share, By Pet Type (2021 and 2028)
Figure 16. Dogs: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Cats: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. South & Central America Pet Supplements Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 20. Online: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Offline: South & Central America Pet Supplements Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. South & Central America Pet Supplements Market, by Key Country- Revenue (2021) (US$ Mn)
Figure 23. South & Central America Pet Supplements Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. Brazil: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Argentina: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of South and Central America: South & Central America Pet Supplements Market – Revenue and Forecast to 2028 (US$ Million)