The pet care industry has historically focused its innovations around dogs and their needs, given the prevalence of dogs in local households and the high sales volumes of this category. However, it is expected that the number of cats in Mexico will continue to rise in the coming years.
The social and environmental responsibility of major industry players is becoming an integral part of both short- and long-term agendas. Players such as ADM are engaging in collaborations with partners such as Kidzania, aiming to promote environmental awareness among children and have an impact on future generations.
The growth of discounters in Mexico is a trend expected to continue throughout the forecast period, driven by the economic landscape of local consumers. According to Euromonitor International’s Voice of the Consumer: Lifestyles Survey (fielded January to February 2024), 63% of consumers are actively saving money, a trend that is expected to persist and has prompted discounters such as Neto or 3B, which were previously commonly found on the outskirts of major cities, to expand their presence into new locations and areas with higher economic activity.
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Understand the latest market trends and future growth opportunities for the Cat Food industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cat Food industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cat Food
This report originates from Passport, our Cat Food research and analysis database.
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