Mexico Pet Obesity Management Market Size & Outlook
Mexico pet obesity management market, 2018-2030 (US$M)
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Mexico pet obesity management market highlights
- The Mexico pet obesity management market generated a revenue of USD 171.2 million in 2023 and is expected to reach USD 280.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, therapeutic food was the largest revenue generating by product in 2023.
- Supplements is the most lucrative by product segment registering the fastest growth during the forecast period.
Pet obesity management market data book summary
| Market revenue in 2023 | USD 171.2 million |
| Market revenue in 2030 | USD 280.5 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic food |
| Fastest growing segment | Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Therapeutic Food, Supplements |
| Key market players worldwide | Mars Group Holdings Corp, Colgate-Palmolive Co, Nestle SA, NOW Foods, Virbac SA, Dechra Pharmaceuticals, Sun Pharmaceutical Industries, Neogen Corp, Masterpet, Probalance, Rolf C. Hagen, VioVet, Farmina, Drools |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% of the global pet obesity management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pet obesity management market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 235.0 million by 2030.
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Pet Obesity Management Market Scope
Pet Obesity Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico pet obesity management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet obesity management market will help companies and investors design strategic landscapes.
Therapeutic food was the largest segment with a revenue share of 89.43% in 2023. Horizon Databook has segmented the Mexico pet obesity management market based on therapeutic food, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
Dogs remain the favorite pets in Mexico, and cats are becoming more popular. The breeds of highly popular dogs are Poodle, Schnauzer, Chihuahua, Mezzos, Yorkshire Terrier, Pug, Siberian Husky, and Labrador Retriever.
The key driver for the Mexican market is the rising importance of pet owner education regarding pet obesity management. As per data published by Triple three International in 2021, only 10% of total dog owners in Mexico reported the obesity of their dogs.
The report further estimated that overfeeding accounted for 1% and 1.5% of Mexico's total pet food consumption. Royal Canin's data shows over 20% of dogs in Mexico are obese. This discrepancy highlights the need for and importance of pet owner education regarding pet obesity management.
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Our clientele includes a mix of pet obesity management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico pet obesity management market , including forecasts for subscribers. This country databook contains high-level insights into Mexico pet obesity management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pet obesity management market outlook size, by by product, 2018-2030 (US$M)
Mexico Pet Obesity Management Market Outlook Share, 2023 & 2030 (US$M)
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