South America

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.

In most countries analyzed, consumer price index (CPI) readings for products and food eased last month following the inflation increases recorded in March.

Veterinarians, specialty stores and informal retail still play a significant role across categories.

Dogs remain the most common pet, while spending on health, insurance and services continues to rise.

Online penetration rises steadily across the region, with Argentina leading adoption at 11.4%.