The Foro Mascotas Pet Food is the main event for updating and networking in the pet food industry in Mexico and Latin America, a high-level international forum with mega conference rooms where topics on global trends in nutrition, health regulations, processes, ingredients, formulation and evolution of the pet food market and brands, among others, as well as a better integration between members of the production chain, will be addressed.
This event is aimed at entrepreneurs, directors, managers and top-level employees of the food and performance food industry: production, purchasing, research and development, sanitary regulation, process, quality and sales areas, as well as suppliers of ingredients, machinery and equipment, packaging, veterinarians and services; additionally, we extend the invitation to all those who wish to keep abreast of the latest developments in the industry.
Session title: Capturing opportunities in the pet food market: global overview and closer look at Latin America
Session description: With the global retail sales reaching USD128 billion (constant/real value) in 2022 and a healthy growth in both value and volume, the pet food market continues to demonstrate resilience to social and economic headwinds. Furthermore, many markets continue to see above average growth of premium segment as pet owners look for products that are positioned as healthier and more nutritious.
Euromonitor's presentation will reveal a top line view of the global pet food market, with main emphasis on dog and cat food. The presentation will then deep dive into Latin America trends, including Mexico, as the region’s growth outpaces the average global growth in both value and volume terms. The presentation will look at current sales and growth projections ahead, as well as key trends in product development with main focus on wellness nutrition, value for money, and sustainability.
The presentation will also take a closer look at pet owners and pet nutrition trends, using Euromonitor International Voice of the Consumer Health & Nutrition survey. The survey reveals trends in use of homemade pet food and table scraps, which help to evaluate the untapped opportunities in pet food market.
Speaker: Alberto Trueba, Research & Data Analyst