Latin Americans spending more on 'humanizing' their pets

Relaxnews
Saturday 17 July 2010 19:00 EDT
Comments
(Mike Neale)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Argentineans spent $0.5 billion on animal care and products as growing numbers of Latin American 'pet parents' splash out on health care, food and hairdressers.

Despite the recent economic downturn, pet owners in Latin America and the Caribbean are fuelling the pet care market by spending more on products and services such as pet food, toys, fashion accessories, healthcare and hairdressers, according to a July 15 report by Euromonitor.

The market is being driven by the American trend of so-called ‘pet parents,' animal owners who treat their pets like children, spreading to Latin America. The Euromonitor report found that rather than being characterized by age or income, pet parents are grouped by a belief that animals have equal or almost equal rights to people.

Animal Day celebrated in April saw processions in Venezuela to raise awareness of animal abuse and a canine fashion show, similar to ones held in New York and Tokyo, took place in Sao Paulo, Brazil. An annual national holiday for dogs is even celebrated in Mexico on October 11.

According to statistics from Euromonitor, spending on pet food and pet care products increased dramatically across Argentina, Chile and Canada during the period 2004-2009. Spending in Argentina increased from $0.2 billion in 2004 to $0.6 billion in 2009, Chile increased from $0.3 billion to $0.5 billion in the same period, and spending in Canada rose from $1.3 billion in 2004 to $1.9 billion in 2009.

The American Pet Products association estimates that Americans will spend $47.7 billion on pets throughout 2010, of which $18.28 billion will be spent on food and $3.45 billion on pet services - the total figure represents an increased expenditure of $13.4 billion from 2004.

The United Kingdom leads the European pet care market; UK animal lovers spent €4 billion on pet care in 2009, while expenditure in both Germany and France totaled €3.6 billion.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in