The pet meals trade in Mexico has continued to develop, totaling MX$145,000 million (US$7.7 billion) in 2023, in response to a brand new report, “La Industria de Alimento Para Mascotas (The Pet Meals trade),” from Amexfal, an organization providing consulting and different providers to the meals and feed industries in Mexico.
Whereas the nation has been hit with inflation, as has practically each different one around the globe, not all gross sales progress for pet meals has occurred as a result of increased costs; the quantity of pet meals produced has additionally elevated for a number of years. After a slight dip in manufacturing in 2023, pet meals quantity is projected to succeed in 1.85 million tons in 2024, a 2.5% progress charge that’s anticipated to proceed yearly by 2030. In that yr, projections name for two.2 million tons of pet meals to be produced.
Canines and pet food dominate the market
The majority of pet meals produced and offered in Mexico is for canines, as they’re by far the pet most frequently owned. The Amexfal report says of the 35.8 million households within the nation, practically 70% personal pets: a complete of 80 million, or a mean of two.3 pets per family. The bulk are canines, at 43.8 million, adopted by cats at 16.2 million and different pets (fish, small mammals, reptiles and birds) at 20 million.
Canine and cat meals dominate the pet meals market, particularly the previous; and by way of kinds of meals, dry pet food accounts for 62% of pet meals merchandise obtainable (and 50.4% at supermarkets, the biggest retail channel in Mexico for pet meals). Moist pet food includes 9% of the pet meals merchandise obtainable in all retail channels, with canine treats coming in at 4%. For cats, 18% of the pet meals merchandise obtainable are dry cat meals, adopted by 6% for moist cat meals and 1% for cat treats.
Not surprisingly then, dry pet food additionally accounts for the highest quantity of pet meals produced, at 55% or 987,166 tons in 2023, adopted by dry cat meals at 24% or 435, 247 tons. For every type of pet meals, pet food totaled 1.375 million tons in 2023 and cat meals, 414,076 tons.
A number of giant producers make 80% of pet meals
In 2023, the variety of pet meals merchandise regulated by the Mexican authorities totaled 3,139, and 80% of these had been produced by solely 50 of the 203 regulated pet meals producers. These 203 corporations are dominated by ones that manufacture merchandise below their very own manufacturers along with making pet meals for different manufacturers: Solely 14 of the businesses fall into this class but produced 1.65 million tons of pet meals in 2023, or 80% of the overall.
Different kinds of pet meals companies in Mexico embrace 39 that manufacture and promote solely their very own manufacturers, accounting for 9% of manufacturing (179,000 tons); 57 “maquilados” that market their very own manufacturers made by third-party producers, at 6% and 122,000 tons; and importers/distributors of international grands, at 5% and 113,000 tons.
