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In Mexico, 57 out of every 100 Mexican households have at least one pet, with the dog being the most preferred among people.
A survey reveals that, on average, Mexicans spend about three thousand pesos on various products for their pets.
In Mexico, only 10 percent of the population concentrates 79 percent of the total wealth.
A video on TikTok shows what the style of “Camila” is like, a “millionaire dog”, which, according to its owner, has traveled to various countries and even has its own passport.
In Mexico, as in other countries, pet care has changed significantly, to such an extent that, currently, a large number of people -mostly young millennials and centennials- prefer to have pets instead of children. , which is why terms such as “perrhijo” or “gathijo” are part of the language of a new society.
According to a survey carried out by the National Institute of Statistics and Geography (INEGI)in Mexico, 57 out of every 100 Mexican households have at least one pet, with the dog being the most preferred among people.
On the other hand, we are talking about a moment in which the consumer himself seeks to satisfy his most basic needs, a context in which pets also enter, generating significant expenses.
A survey carried out by the financial services platform Coru and the market research company Brand Engagementreveals that, on average, Mexicans spend about three thousand pesos on various products for their pets.
Just taking these data into account, we are talking about a market with significant growth potential, especially because, as we already mentioned, millennials and centennials they prefer to have pets or “dogs” instead of children, either because of the expenses that having a baby represents or, even, because of a tendency not to bring more inhabitants to a world that is breaking down more every day.
Businessman shows the luxuries of “Camila”, his “millionaire dog”
Yulay, one of the most popular content creators today, was in charge of publicizing the “peculiar” pet of a businessman, a dog who, according to his account, calls himself “Camila”.
According to what Yulay shows in her video, “Camila” is a “millionaire dog” of the Shih Tzu breed, which, according to what they say, “has a personal escort, a 24-hour cook, a passport and has traveled to Spain, Canada and France”.
@compayulay This is how the millionaire dog of Mexico lives #yulay #luxuries #rich
@compayulay Your pet has its own passport #yulay #Mexico #millionaire
@compayulay His dog has escorts and has traveled to several countries #yulay #Mexico #influencer
We live in a country where access to a life of luxury or a life of a millionaire can only be achieved by 1 percent of the total population. Data from Credit Suisse reveal that, in Mexico, there are a total of 318 thousand individuals with a wealth of more than 1 million dollars.
In this sense, information from the World Inequality Report 2022 reveals that only 10 percent of Mexicans hold 79 percent of total wealth, while 50 percent of Mexicans continue their daily fight against poverty.
Even, according to what Unicef reports, 51 percent of children and adolescents live in poverty, of which, 4 millions They live in extreme poverty. This means that 1 in 2 children and adolescents under 18 years of age in Mexico live in poverty; of these, 20 percent are in extreme poverty.
Undoubtedly, we are talking about a complex context in terms of the lifestyle of Mexicans, many of whom only live on the minimum wage.
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