The Mexican pet meals market grew at a compound annual development price of three.97% from 2017 to 2023. That price could improve to six.84% from 2024 to 2029, in keeping with knowledge from Mordor Intelligence. In 2024, the market was estimated to achieve US$3.29 billion, then develop to US$4.58 billion by 2029.
Canine are probably the most populous pets in Mexico, accounting for 69.8% of the general companion animal inhabitants. Pet food likewise has the largest market worth, at US$2.29 billion, rising by roughly 18% between 2017 and 2021.
Nevertheless, cat meals gross sales are rising sooner with a forecasted CAGR of seven.2% from 2024 to 2029. The pet cat inhabitants has been booming in Mexico, rising 41.3% from 2017 to 2022.
Mexican pet meals corporations
These 5 corporations had been a part of Mexico’s rising pet meals market in 2023 and seem in Petfood Business’s High Corporations Present Knowledge.
- Campi Alimentos belongs to Grupo Bachoco, the primary poultry producer in Mexico and one of many largest producers worldwide. Campi Alimentos is the balanced meals and pet meals enterprise unit of the group. In current years, CAMPI has been positioning itself within the Mexican pet meals business.
- 2023 income: US$70.30
- Manufacturers: Pearl’s Prime Diet, Pearl’s Pure Diet, Alternative Diet, Fidus Professional Campidog, CanPro, CanPro Max, CanPro Snack, Dyno Doncan, Campican Very important Professional Kattos, Kattos Supreme, Zoopreme Cat Nuggetz
- The Nutec Group, previously Nueva Tecnología en Alimentación, produces pet meals for canine and cats beneath the model Nupec. The Mexican agency additionally produces feed for piglets, horses, calves, and chicks.
- 2023 income: US$30.00
- Manufacturers: Nucan, Nufit, Nupec, Nucat
- Malta Texo de Mexico (maltaCleyton), a subsidiary of ADM, specializes within the manufacture and sale of animal feed and pet meals. maltaCleyton meals for canine and cats, in addition to a line of medicines, is bought by way of self-service shops, wholesalers and distributors.
- 2023 income: US$20.30
- Manufacturers: Ganador, High Alternative, Poder Canino, Minino, Minino Plus, maltaCleyton (Canine Alternative)
- The Firm was based in 1952 and have become a public firm in 1997, through a public providing of shares on the Mexican and the New York inventory exchanges.
- 2023 income: US$3.98
- GrandPET is the pet division of Grupo Nu3, an agricultural and meals firm based in 1985. The corporate began with pig farming.
- Manufacturers: Pure Connoisseur, Again to Nature, Carne Fresca, Noble, Kisha, Clasico, Nutrescan, Nutrescan Pure, Greatest Good friend
Take part within the High Pet Meals Corporations survey
The Petfood Business High Pet Meals Corporations venture yearly surveys pet meals corporations, at all times with an purpose of increasing the attain and scope of the businesses throughout the rankings. To be thought-about for inclusion within the yearly rankings, please contact [email protected]. The info is gathered every year by way of quite a lot of strategies, together with direct firm contact (a survey is emailed to collaborating corporations), in-depth analysis and estimates.
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