South America

From Europe to Latin America and Asia, pet players have recently been investing in new facilities.

The Peruvian owner of pet retail chains Animalis and Tiendanimal plans to expand its store network and strengthen its omnichannel capabilities.

The latest appointments in the region span finance, supply chain, marketing and general management roles. GlobalPETS has the details.

The region accounted for nearly 60% of the Thai pet food manufacturer’s total sales, while profitability dropped to low double-digits.

New owners aim to boost production in a market where 75% of households own a pet.

Despite widespread awareness of potential benefits, recent research shows significant variations in the use of this type of complementary pet nutrition across different countries.

A PETS International analysis shows that pet-related price increases have been particularly steep in Brazil, the UK and Australia over the past 10 years.

The newly formed Brazilian pet retailer plans to invest in omnichannel strategies and expand its service offerings, including franchises and pet health care plans.

An analysis of Consumer Price Index (CPI) data from Europe, the UK, the US, Canada and Brazil shows that veterinary costs continue to grow worldwide.

The companion animal business drove growth, with a 24.2% jump in North America, followed by gains across Latin America.