Superpremium pet food in Mexico poised for growth

Though still in an early development stage, this pet food segment can build on better-informed consumers seeking functional ingredients and products.

Courtesy of K9 Master Dog Nutrition
Courtesy of K9 Master Dog Nutrition

Superpremium pet food products in Mexico have promising growth prospects in the coming years. With the segment still in an early development stage, the current market is far from its full potential, which is estimated to triple its present size. Thus, there is plenty of room for further growth.

Because of that trend, many companies, both local and foreign, are increasing their stakes in the Mexican premium pet food market, launching new product varieties and improving their formulations. Indeed, 2019 saw a boom of premium and superpremium innovations across companies and brands.

New salmon dog food line

One of the pioneer companies in the local holistic pet food category is K9 Master Dog Nutrition, which recently expanded its product assortment by launching new varieties of salmon-based recipes for dogs. The new product line, Food Salmon, is available in four different formulations: adult dogs, small breeds, puppies and senior medium and large breeds.

Along with salmon as the main ingredient, the formula includes several distinctive components, including functional ingredients such as probiotics and prebiotics, vitamins with specific functions for dental care, extended-release carbohydrates and organic minerals, among others. K9 co-branded with Alltech, DSM and Beneo, all multinational ingredient companies, to ensure higher-quality components.

Better-informed consumers seek functional ingredients

K9’s product innovation strategy is a good example of how local companies evolve by following incoming consumer trends and, on the other hand, effectively adapt to an environment of better-informed dog owners.

According to Victor Alvarado, CEO of K9, consumers demanded a new formula based on the salmon recipe. In addition, he believes better-informed consumers are continually seeking key functional ingredients, along with well-known traditional ingredients, such as DHA and organic minerals.

As more consumers become aware of the benefits of functional diets, more pet food brands will likely be inclined to include such ingredients in their formulations, following the example of K9. It is expected that functionality is the next big attribute influencing product development, at least in the Mexican market.

Page 1 of 697
Next Page