Boston, MA -- (SBWIRE) -- 08/08/2014 -- Pet care consciousness is growing in Mexico, with more people concerned over issues such as animal abuse and the increasing population of dogs and cats wandering in the streets. Moreover, trends such as pet adoption instead of buying newly-born animals are gaining momentum and a greater number of followers and volunteers are working for non-profit organisations to support such causes. With all this in mind, Mexicans are starting to treat their pets as one more family member, particularly those living in single-person households or couples without children. This trend has translated into greater purchasing of packaged pet food, not only in its typical dry varieties that come in large pack sizes for daily meals, but also with Mexicans showing more willingness to pamper their pets with more wet food and treats and mixers. As a result of this, unit volume of packaged dog and cat food grew by 2% in 2012, an actual increase of 10 million units, to reach 429 million units.

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Industry Prospects

The population of dogs and cats might experience declining growth rates over the coming years as campaigns in favour of pet adoption are gaining momentum in Mexico. On the one hand, this could represent a potential threat to the sales of packaged dog and cat food in Mexico, as the market is likely to see a slowdown in its expansion during the forecast period, meaning lower demand for pet care products in general. On the other hand, as it is expected that the number of pets per household will diminish based on the prior argument, pets are anticipated to be treated better than before as household members will count on more disposable income to pamper one dog instead of three. As a consequence of this, premium and enriched food formulas might experience a boom in the coming years, with an imminent impact on all pack types. All in all, dog and cat food packaging is expected to record a CAGR of almost 3% over the forecast period to top 480 million units in 2016.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Dog and Cat Food Packaging industry in Mexico with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Dog and Cat Food Packaging industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Dog and Cat Food Packaging in Mexico market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes in units and filled volumes
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What are the major food pack types and how are they performing in Mexico?
- How are consumption trends impacting the food packaging landscape?
- What have been the key trends seen in new packaging developments?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Cat Food, Dog Food.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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