Key Market Indicators
Honduran pet food imports are projected to surge to nearly 37 million kilograms by 2028, up from approximately 31.4 million kilograms in 2023. This marks an average annual growth rate of 2.5%. Historical data reveals a steady increase in demand, with a 3.9% year-on-year growth since 1999. On the export front, Honduras is expected to ship out around 22.7 million kilograms of pet food by 2028, compared to about 19.9 million kilograms in 2023. This translates to an average yearly growth rate of 2%. The country's pet food supply has been on an upward trajectory, rising by 3% annually since 2001.