【环球财经】墨西哥宠物经济加速扩容：消费情感撬动新兴赛道

Core Insights - Over 70% of households in Mexico own pets, with nearly 80 million pets in total, including approximately 43.8 million dogs and 16.2 million cats, making it one of the leading countries in Latin America for pet ownership [1] - The pet economy is becoming a significant part of Mexican culture, especially among millennials, leading to increased spending on pet food, healthcare, insurance, e-commerce, and related services [1][2] - Pet-related expenditures are now included in Mexico's official inflation metrics, with pet food prices rising by 1.94% and pet care services increasing by 8.15% year-on-year as of September 2025, significantly outpacing the national average inflation rate of 3.76% [1] Industry Trends - The pet care sector is evolving into a complete economic chain, with rising costs in veterinary care, insurance, and related services driving growth [2] - The pet fashion market is emerging as a new growth area, with projections indicating that spending on pet products and services in Mexico will exceed $2 billion by the end of the century, growing at an annual rate of over 9% [2] - The pet insurance market in Mexico is underdeveloped, with less than 1% of pets insured, indicating substantial market potential as awareness of risk and product variety increases [2] Company Activities - Major food companies like Nestlé Purina and Mars are expanding their production facilities in Mexico, betting on local market potential [3] - Mars has invested over 3.5 billion pesos (approximately $186 million) in expanding its pet food factory in Querétaro, driven by the large market size and brand success in Mexico [3] - The Mexican pet economy is diversifying and professionalizing, becoming a new economic growth engine that offers strategic opportunities for investors across various sectors, including healthcare and high-end fashion [3]