Create a free PetfoodIndustry account to continue reading

Mexican pet food market growing into future as ownership booms

Mexican pet owners' changing relationship with their companion animals is growing and reshaping the country's dog, cat and other pet food markets.

Professional headshot of a bald man with facial hair wearing a dark gray blazer and black shirt Headshot
Dall·e 2024 05 28 11 31 37 A Latino Futurist Image Of A Woman Holding A Small Dog The Woman Has A Blend Of Traditional And Futuristic Elements In Her Appearance, Such As A Vibr
created by Tim Wall using DALL-E 3

Mexican dog, cat and other pet owners differ from each other, but not from pet owners worldwide. Like their global peers, some Mexican pet owners want raw meat and bones for their companion animals, while others want shelf-stable, convenient kibble. Mexican pet owners’ demands can contradict each other, but those juxtaposed trends drive the ongoing growth of the Mexican pet food industry, Ana Laura Flores, marketing consultant with Pet Your Brand, said during her presentation at Foro Mascotas in Guadalajara, Jalisco, Mexico.

The Mexican pet food market grew at a compound annual growth rate of 3.97% from 2017 to 2023. That rate may increase to 6.84% from 2024 to 2029, according to data from Mordor Intelligence cited by Flores. In 2024, the market may reach US$3.29 billion, then grow to US$4.58 billion by 2029.

Dogs are the most populous pets in Mexico, accounting for 69.8% of the overall companion animal population. Dog food likewise has the largest market value, at US$2.29 billion, growing by approximately 18% between 2017 and 2021.