Mexico's pet food market reached US$3.29 billion in 2024 and is projected to grow to US$4.58 billion by 2029, with Campi Alimentos, Nutec Group, Malta Texo de Mexico, Industrias Bachoco, and Grupo Nu3 among the leading companies driving this expansion.
- The Mexican pet food market grew at 3.97% CAGR from 2017 to 2023 and is expected to accelerate to 6.84% from 2024 to 2029.
- Dog food dominates with US$2.29 billion in market value, but cat food is growing faster at a 7.2% projected CAGR through 2029.
- Campi Alimentos leads with US$70.30 million in 2023 revenue, followed by Nutec Group at US$30 million and Malta Texo de Mexico at US$20.30 million.
- Dogs account for 69.8% of Mexico's companion animal population, while the cat population surged 41.3% from 2017 to 2022.
- The Mexican pet food market is estimated at US$3.29 billion in 2024 and projected to reach US$4.58 billion by 2029.
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. In 2024, the market was estimated to 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.
However, cat food sales are growing faster with a forecasted CAGR of 7.2% from 2024 to 2029. The pet cat population has been booming in Mexico, growing 41.3% from 2017 to 2022.
Mexican pet food companies
These five companies were part of Mexico’s growing pet food market in 2023 and appear in Petfood Industry’s Top Companies Current Data.
- Campi Alimentos belongs to Grupo Bachoco, the number one poultry producer in Mexico and one of the largest producers worldwide. Campi Alimentos is the balanced food and pet food business unit of the group. In recent years, CAMPI has been positioning itself in the Mexican pet food industry.
- 2023 revenue: US$70.30
- Brands: Pearl’s Prime Nutrition, Pearl’s Pure Nutrition, Choice Nutrition, Fidus Pro Campidog, CanPro, CanPro Max, CanPro Snack, Dyno Doncan, Campican Vital Pro Kattos, Kattos Supreme, Zoopreme Cat Nuggetz
- The Nutec Group, formerly Nueva Tecnología en Alimentación, produces pet food for dogs and cats under the brand Nupec. The Mexican firm also produces feed for piglets, horses, calves, and chicks.
- 2023 revenue: US$30.00
- Brands: Nucan, Nufit, Nupec, Nucat
- Malta Texo de Mexico (maltaCleyton), a subsidiary of ADM, specializes in the manufacture and sale of animal feed and pet food. maltaCleyton foods for dogs and cats, as well as a line of medicines, is sold through self-service stores, wholesalers and distributors.
- 2023 revenue: US$20.30
- Brands: Ganador, Top Choice, Poder Canino, Minino, Minino Plus, maltaCleyton (Dog Choice)
- The Company was founded in 1952 and became a public company in 1997, via a public offering of shares on the Mexican and the New York stock exchanges.
- 2023 revenue: US$3.98
- GrandPET is the pet division of Grupo Nu3, an agricultural and food company founded in 1985. The company started with pig farming.
- Brands: Natural Gourmet, Back to Nature, Carne Fresca, Noble, Kisha, Clasico, Nutrescan, Nutrescan Natural, Best Friend
Participate in the Top Pet Food Companies survey
The Petfood Industry Top Pet Food Companies project annually surveys pet food companies, always with an aim of expanding the reach and scope of the companies within the rankings. To be considered for inclusion in the yearly rankings, please contact [email protected]. The data is gathered each year through a variety of methods, including direct company contact (a survey is emailed to participating companies), in-depth research and estimates.
