Mexico Pet Food Market Size

The Mexico pet food market is experiencing significant growth, driven by changes in the economic and social landscape, which have led to increased pet ownership and rising middle-class incomes. The market's expansion is particularly notable in the dog food segment, which holds a substantial share due to the high dog population and a shift from home-cooked to commercial pet food. Meanwhile, the cat food segment is anticipated to grow at the fastest rate, fueled by a rising cat population and their growing popularity as low-maintenance pets. Additionally, the market for pet food catering to other animals, such as birds and small mammals, is also contributing to the overall market size. Increased awareness among pet owners and the growing pet population are key factors expected to drive the market further in the coming years.

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Market Size of mexico pet food Industry

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Mexico Pet Food Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 3.29 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 4.58 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Pets Dogs
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 6.84 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Pets Cats

Major Players

Mexico Pet Food Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Mexico Pet Food Market Analysis

The Mexico Pet Food Market size is estimated at USD 3.29 billion in 2024, and is expected to reach USD 4.58 billion by 2029, growing at a CAGR of 6.84% during the forecast period (2024-2029).

3.29 Billion

Market Size in 2024 (USD)

4.58 Billion

Market Size in 2029 (USD)

3.97 %

CAGR (2017-2023)

6.84 %

CAGR (2024-2029)

Largest Market by Product

67.86 %

value share, Food, 2022

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Rising pet ownerships, the growing trend of urbanization, and increasing demand for high-quality, custom-made foods are the major factors that have contributed to its leading position.

Largest Market by Animal

80.28 %

value share, Dogs, 2022

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The higher population of dogs and the increased demand for dry pet food (kibbles), dog treats, and veterinary diets specific to dog size, age, and health have boosted the segment.

Fastest-growing Market by Product

9.42 %

Projected CAGR, Pet Nutraceuticals/Supplements, 2023-2029

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The increasing demand for vitamins and minerals and probiotics and omega-3 fatty acids and rising awareness about preventive health care with nutraceuticals are increasing their usage.

Fastest-growing Market by Animal

7.22 %

Projected CAGR, Cats, 2023-2029

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The rising number of cat adoptions, the growth of the urban population, and the increase in net disposable incomes among pet owners are the major factors driving the segment.

Leading Market Player

33.84 %

market share, Mars Incorporated, 2022

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Mars, Incorporated is the market leader, as it is highly focused on product innovations and partnerships to cater to quality nutrition for pets and the expansion of its manufacturing bases.

Dogs dominated the Mexican pet food market owing to the high pet population and availability of a wide range of pet food options

  • The Mexican pet food market increased by 18.8% between 2017 and 2022. The market's growth is associated with the changing economic and social landscape in Mexico and the rapid increase in middle-class income levels, along with the aging population. This has resulted in a surge in pet ownership, driving the demand for pet food.
  • The dog food segment held a dominant position in the Mexican pet food market, with a market value of USD 2.29 billion in 2022. This dominance can be attributed to the high population of dogs in the country, accounting for about 69.8% of the pet population. The segment grew by approximately 18.0% between 2017 and 2021. This growth is primarily driven by a significant number of pet owners transitioning from home-cooked food to commercial pet food in the country.
  • The cat food segment is expected to experience the highest growth rate in Mexico's pet food market, with a projected CAGR of 7.2% during the forecast period. This is owing to the significant increase in the cat population, which grew by 41.3% between 2017 and 2022. The rise in the number of cats has created a larger consumer base for cat food products. Cats are gaining popularity as pets due to their low maintenance requirements and cost-effectiveness compared to other pets.
  • The other animals include birds, small mammals, and rodents. These animals have unique nutritional requirements that need to be fulfilled through specialized pet food products. In 2022, the market value for other animal pet food reached USD 104.3 million.
  • The increasing awareness among pet owners and the growing population of pets in the country are expected to drive the pet food market in the coming years.
Mexico Pet Food Market

Mexico Pet Food Industry Segmentation

Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets are covered as segments by Pet Food Product. Cats, Dogs are covered as segments by Pets. Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets are covered as segments by Distribution Channel.

  • The Mexican pet food market increased by 18.8% between 2017 and 2022. The market's growth is associated with the changing economic and social landscape in Mexico and the rapid increase in middle-class income levels, along with the aging population. This has resulted in a surge in pet ownership, driving the demand for pet food.
  • The dog food segment held a dominant position in the Mexican pet food market, with a market value of USD 2.29 billion in 2022. This dominance can be attributed to the high population of dogs in the country, accounting for about 69.8% of the pet population. The segment grew by approximately 18.0% between 2017 and 2021. This growth is primarily driven by a significant number of pet owners transitioning from home-cooked food to commercial pet food in the country.
  • The cat food segment is expected to experience the highest growth rate in Mexico's pet food market, with a projected CAGR of 7.2% during the forecast period. This is owing to the significant increase in the cat population, which grew by 41.3% between 2017 and 2022. The rise in the number of cats has created a larger consumer base for cat food products. Cats are gaining popularity as pets due to their low maintenance requirements and cost-effectiveness compared to other pets.
  • The other animals include birds, small mammals, and rodents. These animals have unique nutritional requirements that need to be fulfilled through specialized pet food products. In 2022, the market value for other animal pet food reached USD 104.3 million.
  • The increasing awareness among pet owners and the growing population of pets in the country are expected to drive the pet food market in the coming years.
Pet Food Product
Food
By Sub Product
Dry Pet Food
By Sub Dry Pet Food
Kibbles
Other Dry Pet Food
Wet Pet Food
Pet Nutraceuticals/Supplements
By Sub Product
Milk Bioactives
Omega-3 Fatty Acids
Probiotics
Proteins and Peptides
Vitamins and Minerals
Other Nutraceuticals
Pet Treats
By Sub Product
Crunchy Treats
Dental Treats
Freeze-dried and Jerky Treats
Soft & Chewy Treats
Other Treats
Pet Veterinary Diets
By Sub Product
Diabetes
Digestive Sensitivity
Oral Care Diets
Renal
Urinary tract disease
Other Veterinary Diets
Pets
Cats
Dogs
Other Pets
Distribution Channel
Convenience Stores
Online Channel
Specialty Stores
Supermarkets/Hypermarkets
Other Channels
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Mexico Pet Food Market Size Summary

The Mexico pet food market is experiencing significant growth, driven by economic and social changes that have led to increased pet ownership and higher demand for pet food. The market is characterized by a strong preference for dog food, which dominates the sector due to the large dog population in the country. However, the cat food segment is anticipated to grow at the fastest rate, fueled by a rising number of cat owners and the popularity of cats as low-maintenance pets. The market also caters to other animals, including birds and small mammals, with specialized nutritional products. The trend of pet humanization and the emergence of cat cafes are further contributing to the increasing affection for pets, particularly cats, in Mexico.

The expenditure on pet food in Mexico is on the rise, with consumers increasingly prioritizing high-quality and premium products. This trend is particularly evident among millennials who are willing to spend more on pet health and well-being. While physical stores remain the primary channel for pet food sales, the pandemic has accelerated the growth of online shopping, offering convenience and a wider range of products. The market is fairly consolidated, with major players like ADM, General Mills Inc., Mars Incorporated, Nestle (Purina), and Schell & Kampeter Inc. dominating the landscape. Recent product launches, such as high-protein dog food and new cat treats, reflect the ongoing innovation and premiumization trends in the market.

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Mexico Pet Food Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Pet Food Product

      1. 1.1.1 Food

        1. 1.1.1.1 By Sub Product

          1. 1.1.1.1.1 Dry Pet Food

            1. 1.1.1.1.1.1 By Sub Dry Pet Food

              1. 1.1.1.1.1.1.1 Kibbles

              2. 1.1.1.1.1.1.2 Other Dry Pet Food

          2. 1.1.1.1.2 Wet Pet Food

      2. 1.1.2 Pet Nutraceuticals/Supplements

        1. 1.1.2.1 By Sub Product

          1. 1.1.2.1.1 Milk Bioactives

          2. 1.1.2.1.2 Omega-3 Fatty Acids

          3. 1.1.2.1.3 Probiotics

          4. 1.1.2.1.4 Proteins and Peptides

          5. 1.1.2.1.5 Vitamins and Minerals

          6. 1.1.2.1.6 Other Nutraceuticals

      3. 1.1.3 Pet Treats

        1. 1.1.3.1 By Sub Product

          1. 1.1.3.1.1 Crunchy Treats

          2. 1.1.3.1.2 Dental Treats

          3. 1.1.3.1.3 Freeze-dried and Jerky Treats

          4. 1.1.3.1.4 Soft & Chewy Treats

          5. 1.1.3.1.5 Other Treats

      4. 1.1.4 Pet Veterinary Diets

        1. 1.1.4.1 By Sub Product

          1. 1.1.4.1.1 Diabetes

          2. 1.1.4.1.2 Digestive Sensitivity

          3. 1.1.4.1.3 Oral Care Diets

          4. 1.1.4.1.4 Renal

          5. 1.1.4.1.5 Urinary tract disease

          6. 1.1.4.1.6 Other Veterinary Diets

    2. 1.2 Pets

      1. 1.2.1 Cats

      2. 1.2.2 Dogs

      3. 1.2.3 Other Pets

    3. 1.3 Distribution Channel

      1. 1.3.1 Convenience Stores

      2. 1.3.2 Online Channel

      3. 1.3.3 Specialty Stores

      4. 1.3.4 Supermarkets/Hypermarkets

      5. 1.3.5 Other Channels

Mexico Pet Food Market Size FAQs

The Mexico Pet Food Market size is expected to reach USD 3.29 billion in 2024 and grow at a CAGR of 6.84% to reach USD 4.58 billion by 2029.

In 2024, the Mexico Pet Food Market size is expected to reach USD 3.29 billion.

Mexico Pet Food Market Report Snapshots

Mexico Pet Food Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029