Brazil Pet Insurance Market Size & Outlook, 2025-2033
Brazil Pet Insurance Market Insights
- Based on Deep Market Insights findings, the Brazil Pet Insurance Market reached USD 620.51 Million in 2024 and is estimated to attain USD 1638.36 Million by 2033.
- From 2025 to 2033, the Brazil market is expected to grow at a steady CAGR of 11.39%.
- Within the Policy category, Accident Only dominated in 2024 in terms of market size contribution.
- Over the forecast period, Comprehensive is forecasted to deliver the fastest growth, positioning it as the most lucrative Policy segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Brazil accounted for 3.49% of the global Pet Insurance Market size in 2024.
- By 2033, United States is expected to remain the top global market in terms of size.
- Within LATAM, Brazil is forecasted to dominate the regional Pet Insurance Market size by 2033.
- Mexico will be the fastest-growing market in LATAM, projected to achieve USD 1491.55 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 620.51 Million |
| Market Size In 2033 | USD 1638.36 Million |
| Largest segment | Accident Only |
| Units | Revenue in USD Million |
| CAGR | 11.39% (2025-2033) |
| Segmnetation Covered | |
| Policy |
|
| Animal Type |
|
| Distribution |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Pet Insurance Market Policy 2025-2033 (USD Million)
| Policy | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accident Only | XX.x | XX.x | XX.x | 343.39 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Comprehensive | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Brazil Pet Insurance Market Animal Type 2025-2033 (USD Million)
| Animal Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dog | XX.x | XX.x | XX.x | 401.41 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cat | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Brazil Pet Insurance Market Distribution 2025-2033 (USD Million)
| Distribution | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online | XX.x | XX.x | XX.x | 342.77 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Offline | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.