Pet Retail Market and Valuation Outlook
10
Strong Secular Growth
What is behind that size and growth?
The secular growth will be the main industry driver, increasing the expenditure and number of pets in the country...
Pets Humanization is being mainly driven by:
1
1
The newest generation is more likely to spend more and acquire pets...
Spending with Pets per Gen; [%]
Number of Dogs and Cats/Children; [mn]
Demographic and Cultural Changes
Continuous Moderated Conscious
Dogs and Cats
Children (0-14)
17%
19%
27%
24%
116
2
42%
88
45%
Enhanced Access to Information
52%
57%
45
44
44
44
41%
36%
21%
19%
Mille nals
Gen X
Boomers Constructors
15'
19'
23E
26E
The result?
Relation with Pets; [%]
2019 2021
2
As a child
As family
Just as a Pet
85
60
60
35
Main Terms Related to Pets; Google Trends
Average of Terms
We searched all the terms we
see as linked to humanization,
such as accessories and non-
recurring products on Google
Trends, showing accelerated
growth since 2016 in terms...
10
16'
17'
18'
19'
20'
21'
Overview | Promissing Industry | Assertive Hub-and-Spoke Strategy | Expansion to Outpace | Healthy and Solid Ecosystem | ESG | Valuation & Risks
Source: Euromonitor; COMAC; IBGE; Google Trends; Team 7View entire presentation