Economy

Brazil’s pet market is growing fast, but taxes can be a hurdle

Brazilians’ love of pets is fueling a rapidly expanding market, but industry representatives say high taxes are an impediment to even more growth

pet market brazil
Photo: Ciceia Almeida/Shutterstock

The pet industry in Brazil is experiencing remarkable growth, yet it faces significant challenges due to taxation. According to the Brazilian Association of Pet Product Industry (Abinpet), the nation’s pet population has soared to 167.6 million individuals. 

To put this in perspective, this figure surpasses the combined fan base of Brazil’s four most popular football clubs — Flamengo, Corinthians, Palmeiras, and São Paulo — which collectively have 100 million supporters, as reported by the Brazilian Institute of Geography and Statistics (IBGE).

Dogs lead the popularity chart among pets, with a staggering 67.8 million in the country. Surprisingly, in second place are songbirds and ornamental birds, with 41.3 million individuals. This high number is attributed to people maintaining aviaries that house two, three, or more smaller birds, such as canaries or cockatiels, according to José Edson Galvão de França, the CEO of Abinpet.

Cats, well-known for their prominence on social media, come third with 33.6 million. Despite their bronze medal status among Brazilian pets, cats achieved gold in terms of growth rate between 2021 and 2022, registering an impressive 6 percent increase. 

They outpaced dogs (3.5 percent), fish (4 percent), and the overall average (3.6 percent). Aside from being more independent than dogs, which require...

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