Pet Market Brazil 2026: ABEMPET Projects R$ 81 Billion and 4.35% Growth
Executive Summary: Brazil’s pet sector is projected to reach R$ 81 billion in revenue in 2026, a 4.35% increase over the R$ 77.96 billion recorded in 2025, according to ABEMPET’s study “Faturamento e População Pet no Mundo – 2026”. The country remains the world’s third-largest pet market behind the United States and China, with 160.9 million pets and a pet food segment worth R$ 41.42 billion in 2025.
Key Facts
- Source
- ABEMPET (Brazilian pet industry association), study “Faturamento e População Pet no Mundo – 2026”
- 2026 projection
- R$ 81 billion sector revenue, +4.35% vs 2025
- 2025 actual
- R$ 77.96 billion, +3.45% nominal vs R$ 75.4 billion in 2024
- Rank
- World’s 3rd largest pet market, behind the United States and China (Euromonitor/ABRAS)
- Pet population
- 160.9 million pets (ABEMPET, 2024)
- Pet food segment
- R$ 41.42 billion in 2025 (ABEMPET)
- Date
- Figures compiled and verified September 24-25, 2026
What Happened
ABEMPET, the Brazilian association that tracks the country’s pet industry alongside the MAPA sector chamber, projects that Brazil’s pet sector will generate R$ 81 billion in 2026, according to its study “Faturamento e População Pet no Mundo – 2026”. The projection, released with 2025 closing data, represents growth of 4.35% over the R$ 77.96 billion the sector earned in 2025. The 2025 result itself marked a slowdown: nominal growth of 3.45% over 2024’s R$ 75.4 billion, after a 9.6% jump the year before. The association’s data places Brazil firmly as the world’s third-largest pet market, behind only the United States and China, supported by a pet population of 160.9 million animals recorded in 2024. Industry statistics compiled by Brazilian pet platform Luvet and verified on September 24-25, 2026 consolidate the figures that have circulated in Brazilian business media, including CNN Brasil, since the study’s release.
Background
Brazil’s pet sector built its scale on one of the world’s densest pet-owning cultures: dogs in particular are present across income classes, and the country’s manufacturers — from Petz and Cobasi on the retail side to export-oriented food plants — have turned that into an industry worth more than most Latin American economies’ entire manufacturing sectors. The composition matters as much as the headline. Pet food accounted for R$ 41.42 billion of 2025 revenue, more than half the sector total, which makes formulations, grain and protein costs, and packaging the dominant swing factors in Brazilian pet P&Ls. Retailers have been consolidating, with Petz’s combination with Cobasi creating the country’s dominant specialty chain, and service lines — veterinary, grooming, boarding — growing faster than product sales in urban markets.
Industry Context
The 4.35% projection for 2026 sits inside a global picture of decelerating but resilient pet spending. Euromonitor sizing cited in industry coverage puts the global pet care market at roughly US$ 207 billion, and tracking global pet spending through national series like ABEMPET’s has become the standard way analysts compare regional momentum. Brazil’s share of the world total is structurally protected: pets per household are high, premiumization is spreading from food into health and services, and the country’s domestic manufacturing base shields it from some import volatility. The corporate layer confirms the trend. GlobalPETS’ Q2 2026 retailer analysis found Petz-Cobasi grew net sales 7.8% year over year to about US$ 411.8 million, the strongest volume-and-services story in Latin America, with net profit up 43.5% — evidence that the sector’s growth is still translating into profitability for scaled operators even as the macro number cools. For comparison, GPI’s September retailer pulse documented Musti Group’s 13.8% growth in Europe and Chewy’s 7.3% in the United States, so Brazil’s flagship retailer is growing in line with the global leaders.
Market & Business Impact
A R$ 81 billion market growing at 4.35% in an economy where inflation has cooled changes how companies should plan. First, volume and mix now matter more than price: with nominal growth slowing from 9.6% to the mid-3s to 4s, the easy revenue from inflation pass-through is gone, and growth must come from per-pet spend — premium nutrition, veterinary services, insurance and hygiene. Second, the pet food segment’s R$ 41.42 billion base makes ingredient economics decisive; Brazilian manufacturers with integrated grain and protein sourcing will defend margin better than importers. Third, the services layer remains the fastest-growing line, and international service concepts — daycares, veterinary chains, pet-friendly hospitality — still have low penetration outside São Paulo and Rio. Suppliers and investors reading this market should treat ABEMPET’s series as the reference dataset: it is the figure banks, franchisors and retailers in Brazil quote when sizing expansion.
Companies & Brands Involved
ABEMPET is the source association, publishing with the MAPA sector chamber. Luvet compiled and verified the statistic series on September 24-25, 2026, and CNN Brasil reported the study in Brazilian business media. On the corporate side, Petz-Cobasi is the listed flagship whose Q2 2026 results corroborate the sector trend, and Euromonitor and ABRAS provide the international ranking context. GPI tracks Brazilian pet companies in its directory; readers can browse the companies hub and rankings for entity-level data.
Data & Evidence
The figure set: 2026 projection R$ 81 billion (+4.35%); 2025 actual R$ 77.96 billion (+3.45% nominal vs 2024); 2024 R$ 75.4 billion (+9.6% vs 2023); pet food 2025 R$ 41.42 billion; pet population 160.9 million (2024); global pet care US$ 207 billion (Euromonitor, 2025). All values are nominal Brazilian reais unless stated. The series sits at the core of any pet industry report 2026 buyers commission on Latin America, and it is the reference ABEMPET updates annually with the MAPA sector chamber. One verification caveat, stated plainly: GPI worked from ABEMPET figures as compiled by Luvet (updated September 25, 2026) and reported via CNN Brasil, and could not independently open the original CNN Brasil article; the consistency of the series across the association data, the compilation and retailer coverage supports the numbers, but GPI marks this as association-sourced rather than audited financial data.
What This Means for the Pet Industry
Brazil matters to the global industry as the clearest proof that pet spending decelerates but does not retreat. A market that grew 9.6% in 2024 and 3.45% in 2025, and is guided to 4.35% in 2026, is normalizing, not shrinking — and it is doing so with a domestic manufacturing base, a consolidating retail layer and a services segment still early in its curve. For exporters, Brazil is simultaneously a competitor in pet food exports and a 160.9-million-pet consumer market that rewards local presence. For anyone modeling the pet market Brazil remains the reference economy for Latin America, and ABEMPET’s series is the dataset banks, franchisors and retailers there quote when sizing expansion. GPI’s judgment: watch the services layer and premium nutrition mix in 2027 — those two lines will decide whether the next projection prints above or below 5%.
Key Takeaways
- ABEMPET projects Brazil’s pet sector at R$ 81 billion in 2026, up 4.35% from R$ 77.96 billion in 2025.
- Brazil is the world’s third-largest pet market behind the United States and China, with 160.9 million pets (2024).
- Pet food generated R$ 41.42 billion in 2025, more than half of sector revenue.
- Nominal growth slowed from 9.6% in 2024 to 3.45% in 2025, shifting the growth burden to premium mix and services.
- Petz-Cobasi’s Q2 2026 results — net sales up 7.8% to about US$ 411.8 million and net profit up 43.5% — corroborate sector resilience.
Frequently Asked Questions
How big is Brazil’s pet market in 2026?
ABEMPET projects R$ 81 billion in sector revenue for 2026, a 4.35% increase over the R$ 77.96 billion recorded in 2025.
Where does Brazil rank among global pet markets?
Third, behind the United States and China, according to Euromonitor and ABRAS rankings cited by ABEMPET. The global pet care market is sized at about US$ 207 billion.
What share of Brazil’s pet market is pet food?
Pet food generated R$ 41.42 billion in 2025, which is more than half of the R$ 77.96 billion sector total, making it the segment that drives ingredient and packaging economics.
Why is Brazil’s pet market growth slowing?
Nominal growth decelerated from 9.6% in 2024 to 3.45% in 2025 as post-pandemic inflation normalized. ABEMPET’s 4.35% projection for 2026 assumes growth shifts toward premium products and services rather than price increases.
Sources
- Primary — ABEMPET, study “Faturamento e População Pet no Mundo – 2026” (sector revenue series with the MAPA sector chamber), as compiled and verified by Luvet market statistics, https://www.luvet.com.br/estatisticas-mercado-pet, verified September 24-25, 2026
- Secondary — GlobalPETS / Global Pet Industry, “Pet industry pulse (I): Retailers post growth as expansion and loyalty drive sales” (Petz-Cobasi Q2 2026), https://globalpetindustry.com/news/pet-industry-pulse-i-retailers-post-growth-as-expansion-and-loyalty-drive-sales, September 2026
