Brazil
Is it Latin America's time to shine?
Changing consumer behavior, increased local pet food production, retail mergers, new e-commerce offerings – there’s a lot going on south of the US.
Is sustainability changing the way we do business?
PETS International talked to representatives from 3 companies located in different parts of the world to discover their approaches to ESG.
Delving into what pet parents think about sustainability claims
Pet owners in different markets have varying perceptions of sustainability, but how do their attitudes affect their actions? And what are the implications for pet industry players?
Examining the pieces of the inflation puzzle
Good news is on the horizon as price levels stabilize globally. But how is the situation still affecting pet owners?
Petz Q2 earnings: digital drives profit again
The Brazilian pet retailer reports a 29.2% increase in online sales, while offline sales decline.
Confirmed: Petz and Cobasi enter into a merger agreement
Joining forces will result in a Brazilian pet retail chain with nearly 500 stores. GlobalPETS has the details.
Petz-Cobasi merger (II): the impact on the Brazilian pet retail landscape
Competitors and antitrust authorities are currently assessing the combined businesses’ market share before giving green light.
Petz-Cobasi merger (I): A glimpse into the future of Latin America’s new pet retail giant
The combination of both Brazilian businesses is close to becoming a reality. GlobalPETS learns more about how the new company will fit into the local retail ecosystem.
Symrise reports dynamic growth for its pet food business
The company highlights the strong performance of the segment in the first six months of 2024 and plans to divest its aquaculture business this year.
Brazilian pet industry hits $13.8 billion in 2023
Pet food accounts for over half of the industry’s business, while the pet care and vet sectors increased turnover.
Digital boosts revenue of Petz in Q1 2024
The Brazilian pet retailer posted an online gross revenue increase of 16.6% vs. a drop of 6.1% in its physical stores.
Will Brazilian pet retailer Petz merge with competitor Cobasi?
If both players decide to merge, the combined entity will have a network of 483 stores nationwide.
Interzoo 2024: what to expect
Just days before the European pet trade fair kicks off in Germany, GlobalPETS examines how it will unveil the latest trends in pet care.
Online pet food shopping trends around the world
Why do consumers buy pet food online? Which types of delivery services most appeal to them? And how do preferences vary between Europe, North America and South America?
The business of exotic pets: an update
Less conventional species are increasingly capturing the hearts of consumers. Could such animals ultimately be even more profitable than cats and dogs?
Industry round-up: latest efforts by pet food players to fuel production capabilities
From Purina to General Mills, top pet players are pumping cash into facility expansions to satisfy their growing markets. GlobalPETS takes a look at these advancements.
Petz increases market share despite “fiercer” competition in 2023
The Brazilian pet retailer increased its gross revenue by 12.5% last year.
Pet food drives organic growth for Symrise
The company’s Taste, Nutrition & Health segment – including pet – improved its performance by 9.3% in 2023.
Brazilian insect supplier Cyns receives funding from investment firm
Sumitomo Corporation confirms to GlobalPETS that they want to expand the company’s market leadership.
2024: looking back but moving forward
After an eventful 2023 worldwide, pet businesses and experts in the field are now looking to the future – but with caution.
