South America

The South American country updated its basic goods and services list for the first time in four decades, expanding it from 75 to 98 items to reflect changing spending habits.

Store expansion, acquisitions and incentives supported faster growth, while loyalty and recurring revenue drove more modest gains.

Exclusive data reveals how owners across seven markets are making purchases with a view to supporting the mental wellbeing, physical activity and overall health of their cats and dogs.

New fulfillment partnerships and infrastructure investments are reshaping the global pet industry, helping businesses overcome barriers to wider expansion.

The Chilean veterinary group plans to develop proprietary software and expand specialist services.

The shift toward higher-value nutrition is opening new opportunities for manufacturers as investments and export ambitions gather pace.

After years of severe inflation, the pet market is showing signs of recovery, with retailers benefiting from renewed demand and wider access to imports.

Growth in pet ownership and essential-care spending is supporting the US market, while services are outperforming products in Brazil.

Unicharm, BetterBone, WIMBA, COLLAR and Kormotech are expanding their international presence through market launches, distribution deals and retail partnerships.

The German company expects demand-driven growth to replace pricing as the main contributor to future pet food sales.