Australia & New Zealand Dried Fruits MARKET By Application
| Label | Dry Food | Wet Food | Snacks & Treats |
|---|---|---|---|
| 2019 | 2484.2 USD Mn | 356.7 USD Mn | 44.7 USD Mn |
| 2020 | 2589.5 USD Mn | 371.3 USD Mn | 46.6 USD Mn |
| 2021 | 2702.4 USD Mn | 386.9 USD Mn | 48.6 USD Mn |
| 2022 | 2826.9 USD Mn | 403.7 USD Mn | 51.1 USD Mn |
| 2023 | 2965.3 USD Mn | 422.5 USD Mn | 53.7 USD Mn |
| 2024 | 3114.9 USD Mn | 442.7 USD Mn | 56.7 USD Mn |
| 2025 | 3277.1 USD Mn | 464.6 USD Mn | 59.8 USD Mn |
| 2026 | 3453.6 USD Mn | 488.4 USD Mn | 63.2 USD Mn |
| 2027 | 3646.5 USD Mn | 514.4 USD Mn | 67 USD Mn |
| 2028 | 3858.2 USD Mn | 542.9 USD Mn | 71.1 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Mexico Dogs & Cats Food Market, By Product Type market is on a steady long-term growth path. Segment value stands at roughly USD 4005 Mn in 2026 and is projected to reach USD 4472 Mn by 2028 — a gain of about 12% over the forecast period, translating to a CAGR in the mid-single digits.
- Mexico's pet food market has seen significant growth in recent years due to the increasing trend of pet ownership and humanization of pets. This growth has not only been limited to dogs and cats, but also includes other types of pets such as birds, fish, and small animals.
- What the regional split looks like (2026): Dry Food leads, holding roughly 86% of segment value — the single largest regional share. Wet Food is the second-largest contributor. Snacks & Treats make up the remainder, in descending order.
- By 2028, Dry Food alone is expected to reach USD 3858 Mn, with Wet Food at USD 543 Mn.
Market Dynamics
Mexico's pet food market has seen significant growth in recent years due to the increasing trend of pet ownership and humanization of pets. This growth has not only been limited to dogs and cats, but also includes other types of pets such as birds, fish, and small animals. However, dogs and cats remain the most popular pets in Mexico, making up the majority share of the market. The demand for pet food in Mexico is heavily influenced by the availability of different product types. These products can be broadly categorized into dry, wet, and treats & snacks. Each of these product types has its own unique characteristics and target audience. Dry food, also known as kibble, is the most popular product type in the Mexican market. It is convenient, has a longer shelf life, and is comparatively cheaper than other product types. Wet food, on the other hand, has gained popularity in recent years due to increasing awareness about the benefits of a balanced and nutritious diet for pets. While it is pricier than dry food, it is considered to be more palatable and appealing to pets.
This product type is particularly popular among pet owners who prioritize their pet's health and are willing to spend more on quality pet food. Another product type that has seen a rise in demand in the Mexican market is treats & snacks. These products, which come in various forms such as biscuits, chews, and jerky, are not meant to replace a pet's regular diet but are rather seen as a supplement or reward. Treats & snacks are marketed as a means to improve a pet's dental health, for training purposes, or as a special indulgence for pets. The demand for different product types in the Mexican pet food market is also influenced by factors such as availability, price, and convenience. While dry food remains the most popular product type overall, wet food and treats & snacks are gaining traction in the market, providing pet owners with a variety of options to cater to their pet's needs and preferences. In conclusion, the demand for dog and cat food in Mexico is driven by the diverse range of product types available on the market.
As pet owners continue to treat their pets as members of their family, the demand for high-quality and specialized pet food is expected to increase, leading to further growth in the industry.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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