Panama Pet Care

The pet care industry in Panama is growing, driven by increasing pet ownership, a rising middle class, and a growing awareness of animal health and wellness. 

Pets in Panama are increasingly being viewed as family members. According to recent statistics, approximately 56% of households in Panama own pets, the majority being dogs, followed by cats. Other pets, such as birds, reptiles, and small mammals, are also becoming more common. This growing pet ownership is fostering demand for products and services aimed at ensuring pet well-being. As pet ownership in Panama expands, the demand for high-quality pet supplies and veterinary services is also increasing, presenting significant business opportunities.

The pet supplies sector in Panama encompasses a wide range of products, including pet food, grooming products, toys, bedding, and health-related items. The market for pet food is valued at $38 million in 2023 and is expected to grow by 5-7% annually in the coming years. Premium and natural pet food brands have seen a significant uptick, with organic pet food sales growing by 15% annually. 

Additionally, e-commerce is gaining traction in Panama, with online stores offering a convenient way for consumers to purchase pet supplies. However, brick-and-mortar stores in urban areas are still important as many pet owners prefer to see and touch products before purchasing.

In the other hand, businesses may face some challenges as they need to ensure compliance with local regulations regarding the import of pet food and veterinary products, as well as animal welfare laws, which can be complex.

If you are interested in the pet care sector in Panama, contact your local U.S. Commercial Service office in the U.S. or contact Fabiana Ortega, Commercial Specialist in Panama by email at Fabiana.Ortega@trade.gov.