There is a likelihood that the economic outlook will remain uncertain over the early part of the forecast period, particularly with the presidential elections in Mexico scheduled for 2024. There is no guarantee that the economic situation for the country's citizens will improve.
Dogs and cats are the most popular companion animals in Mexico, with 42% of households owning a dog and 13% owning a cat in 2024. This trend is projected to grow over the forecast period.
During the pandemic, local consumers spent significant time at home, fostering stronger bonds with their pets and cultivating deeper connections. This trend continues to influence pet ownership in the post-pandemic era, leading to greater innovation and expansion in pet healthcare.
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Understand the latest market trends and future growth opportunities for the Pet Products 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 Pet Products 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.
Pet Products
This is the aggregation of cat litter, healthcare, dietary supplements and other pet products.
See All of Our DefinitionsThis report originates from Passport, our Pet Products research and analysis database.
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