Mexican pet owners’ preferences vary widely, with some favoring raw meat and bones and others preferring convenient kibble. These demands drive the growth of the Mexican pet food industry, which grew at a CAGR of 3.97% from 2017 to 2023 and is expected to rise to 6.84% from 2024 to 2029, reaching US$4.58 billion by 2029. Dogs are the most popular pets, accounting for 69.8% of the companion animal population, with the dog food market valued at US$2.29 billion. However, cat food sales are growing faster, with a forecasted CAGR of 7.2% from 2024 to 2029, as the cat population grew by 41.3% from 2017 to 2022.
Trends driving this growth include the humanization and premiumization of pet food, enabled by rising middle-class incomes and urbanization. Pets are increasingly valued for companionship, especially among younger Mexicans post-pandemic, boosting demand for treats, chews, and toppers. This evolving relationship with pets is reshaping Mexico’s pet food markets.
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