LAMEA Wet Pet Food Market

LAMEA Wet Pet Food Market Size, Share & Industry Trends Analysis Report By Pet (Dog, and Cat), By Source (Animal-based, Plant-derivatives, and Synthetic), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18444 Publication Date: October-2023 Number of Pages: 143
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Market Report Description

The Latin America, Middle East and Africa Wet Pet Food Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 299.6 Kilo Tonnes, showcasing a growth of 8.2% (2023-2030).

A category of packaged pet food products known as "wet pet food" is one that is sold in pouches, cans, or other sealed containers and has a higher moisture content than dry pet food. It has been developed to have a greater percentage of water, commonly between 70 and 85% moisture, which helps to hydrate pets and is especially advantageous for those who may have trouble drinking enough water. The usual method of preparation is to grind the meat or protein sources. After that, a gravy made of grains, vitamins, and minerals is added. In order to create the canned product, the cooked food is sterilized after mixing.

The demand for convenient, nutritionally sound options for dogs and cats has significantly increased the demand for wet pet food. With a focus on pet health and imitation of natural diets, this market segment provides a variety of goods with fewer carbohydrates and higher protein content. The demand for high-end, gourmet products that are reminiscent of human food is fueled in part by the humanization of pets, which is fueling the market's expansion.

In Saudi Arabia, the growing use of wet pet food is driven by several key factors that reflect evolving consumer preferences and an increased focus on pet health and well-being. One of the primary drivers is the rising awareness among pet owners about the importance of optimal pet nutrition. As Saudi pet owners become more discerning, they seek pet food products that offer superior nutritional value. Wet pet food, known for its nutritionally dense and balanced content, aligns with the desire to provide pets with high-quality diets, reflecting a commitment to their health and vitality. These dynamics collectively drive the adoption of wet pet food in LAMEA region, reflecting a broader global trend of providing pets with high-quality nutrition and care.

The Brazil market dominated the LAMEA Wet Pet Food Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $679.9 Million by 2030. The Argentina market is showcasing a CAGR of 7.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.4% during (2023 - 2030).

Based on Pet, the market is segmented into Dog, and Cat. Based on Source, the market is segmented into Animal-based, Plant-derivatives, and Synthetic. Based on Distribution Channel, the market is segmented into Pet Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, and Online.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Wet Pet Food Market is Projected to reach USD 35.4 Billion by 2030, at a CAGR of 4.9%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nestle S.A, Mars, Inc., Unicharm Corporation (DSG International (Thailand) PLC), Thai Union Group PLC, Charoen Pokphand Foods Public Company Limited, General Mills, Inc., The J.M Smucker Company, Schell & Kampeter, Inc., Farmina Pet Foods Holding B.V., The Colgate-Palmolive Company.

Scope of the Study

Market Segments Covered in the Report:

By Pet (Volume, Kilo Tonnes, USD Million/Billion, 2019-2030)

  • Dog
  • Cat

By Source (Volume, Kilo Tonnes, USD Million/Billion, 2019-2030)

  • Animal-based
  • Plant-derivatives
  • Synthetic

By Distribution Channel (Volume, Kilo Tonnes, USD Million/Billion, 2019-2030)

  • Pet Specialty Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

By Country (Volume, Kilo Tonnes, USD Million/Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Nestle S.A
  • Mars, Inc.
  • Unicharm Corporation (DSG International (Thailand) PLC)
  • Thai Union Group PLC
  • Charoen Pokphand Foods Public Company Limited
  • General Mills, Inc.
  • The J.M Smucker Company
  • Schell & Kampeter, Inc.
  • Farmina Pet Foods Holding B.V.
  • The Colgate-Palmolive Company
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