Brazil

Brazilian pet industry hits $13.8 billion in 2023

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.

Global Pet Industry
28 May 2024
Digital boosts revenue of Petz in Q1 2024

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.

Retail, Online & DTC
20 May 2024
Will Brazilian pet retailer Petz merge with competitor Cobasi?

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.

Retail, Online & DTC
8 May 2024
Interzoo 2024: what to expect

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.

Trends & Insights
2 May 2024
Online pet food shopping trends around the world

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?

Trends & Insights
18 Apr 2024
The business of exotic pets: an update

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?

Global Pet Industry
18 Apr 2024
Industry round-up: latest efforts by pet food players to fuel production capabilities

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.

Pet Food
11 Apr 2024
Petz increases market share despite “fiercer” competition in 2023

Petz increases market share despite “fiercer” competition in 2023

The Brazilian pet retailer increased its gross revenue by 12.5% last year.

Retail, Online & DTC
11 Mar 2024
Pet food drives organic growth for Symrise

Pet food drives organic growth for Symrise

The company’s Taste, Nutrition & Health segment – including pet – improved its performance by 9.3% in 2023.

Pet Food
8 Mar 2024
Brazilian insect supplier Cyns receives funding from investment firm

Brazilian insect supplier Cyns receives funding from investment firm

Sumitomo Corporation confirms to GlobalPETS that they want to expand the company’s market leadership.

Pet Food
1 Mar 2024
2024: looking back but moving forward

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.

Global Pet Industry
9 Feb 2024
Time for action: the carbon footprint of the hidden soy in pet food

Time for action: the carbon footprint of the hidden soy in pet food

A deep dive into granular data can accelerate understanding of the impacts of soy in animal feed, which can have an outsized effect on the carbon footprint of pet food.

Pet Food
9 Feb 2024
Consumer preference for quality pet food hasn’t diminished despite inflation

Consumer preference for quality pet food hasn’t diminished despite inflation

A recent survey reveals that while most pet parents felt the inflationary hike, only 1 in 6 switched to cheaper brands. The rest continued to prioritize quality, nutrition and health benefits over price.

Trends & Insights
6 Feb 2024
Brazilian bill increasing taxes on non-essential products excludes pet food

Brazilian bill increasing taxes on non-essential products excludes pet food

A proposal in the state of Minas Gerais intended to increase the tax on different products, including pet supplies, by 2%. But the pet industry put a stop to it.

News
12 Dec 2023
What can we expect from Black Friday?

What can we expect from Black Friday?

Nearly 3 out of 10 shoppers are expected to purchase pet supplies in tomorrow’s discount festivity. GlobalPETS learns more.

Trends & Insights
23 Nov 2023
E-commerce accounts for 40% of Petz’s business

E-commerce accounts for 40% of Petz’s business

The Brazilian pet retailer increased its revenue by 6.8% in the third quarter of 2023.

Retail, Online & DTC
17 Nov 2023
Final decision: BRF keeps its pet food business

Final decision: BRF keeps its pet food business

The Brazilian food giant considered selling its pet portfolio earlier in the year. Why has it suddenly changed its mind?

Pet Food
15 Nov 2023
Symrise opens new production facilities in France and Brazil

Symrise opens new production facilities in France and Brazil

The German company strengthens its presence in Latin America and opens a dry pet food pilot production site in Europe. These are the details.

Pet Food
27 Sep 2023
Promising markets in the world of wet pet food

Promising markets in the world of wet pet food

Although the wet pet food category has suffered from the trading-down trend among consumers, it still has potential. These are the markets to watch.

Pet Food
1 Sep 2023
More stories