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Learn moreMay 2020
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Economic and political uncertainty continues to limit growth within pet products, with many pet owners prioritising essential items such as food and cleaning products rather than toys and accessories. Nevertheless, the ongoing expansion of specialised stores is driving the growth of healthcare products and dietary supplements as they make them available for a wider base of consumers, with anti-flea and anti-tick products performing particularly well.
The ongoing humanisation of pets is encouraging domestic manufacturers to produce more goods such as pet accessories. Stylish clothes and accessories are often available online, advertised through social media, at weekend bazars and in open markets.
Private label ranges play an increasingly important role within pet products as retailers have started to manufacture their own items to sell instore. For example, retailer Maskota sells private label Maskota cat litter, brushes, biodegradable bags, dog nappies/diapers, sprays, repellents, toys, straps and accessories.
Pet products in Mexico is home to some of the biggest international companies. For example, Clorox de México, which owns the leading cat litter brand, Scoop Away, has significant sales in Latin America and has achieved good growth in Mexico.
Pet products continue to be led by traditional items like anti-flea products, with brands such as Frontline (Boehringer Ingelheim) and Advantix (Bayer) being widely available and especially in demand during warm weather. Cat litter is also performing well in line with the growing popularity of cats as pets.
Mexico remains an important country for Bayer in terms of sales made by its pharmaceutical division in Latin America. Importantly for pet healthcare, Bayer Animal Health and Mitsui Agro Chemicals Inc (MCAG) have signed a global licence agreement to develop new antiparasitic agents for pets based on MCAG’s innovative chemistry.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Pet Products 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 Pet Products industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.
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Why buy this report?
This industry report originates from Passport, our Pet Care market research database.
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.