Thursday, July 04, 2013

Market ' PET ' BILL PROVIDES $ 15.4 BILLION

The Brazilian Association of Pet Products (Abinpet) estimates that the sector has a turnover of R $ 15.4 billion in Brazil in 2013, an increase of 8.3% over the past year. For the global market, the projection is from a high of 8.5% this year to $ 102 billion.
The largest growth is expected in the segment of services for pets (24.5%), followed by veterinary medicinal products (6.7%), hygiene and beauty products (5.2%) and food (4.9%). This latter category accounts for 68.5% of the total turnover of the market "pet" and is disputed by companies such as multinationals Mars and Nestle and the Brazilian Nutriara and Mogiana.
A survey shows that the principal agricultural commodities used in food production for "pets"-rice, corn or wheat – decreased 7.9% from January to May this year. According to the Chief Executive Officer of Abinpet, José Edson Galvão de France, 30% to 50% of the food for pets are constituted by grains obtained in those carbohydrates.
The Brazil is the second largest market of products for pets in the world, after the United States, and has about 58 million dogs and cats. The number of cats grows more, because life in apartments in big cities may require "pets" smaller, more independent.
The Abinpet provides for an increase of 32% in Brazilian exports this year, to $ 243 million FOB. Imports should total $ 8 million FOB.
Valor Econômico - 03/07/2013
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