Dairy in Mexico
Summary
Dairy in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The Mexican Dairy market had total revenues of $15,993.7 million in 2023, representing a compound annual growth rate (CAGR) of 5.1% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 0.8% between 2018 and 2023, to reach a total of 7,145.8 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.5% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $19,978.6 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in Mexico
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico dairy market with five year forecasts by both value and volume
- What was the size of the Mexico dairy market by value in 2023?
- What will be the size of the Mexico dairy market in 2028?
- What factors are affecting the strength of competition in the Mexico dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's dairy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Mexican dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the Mexican dairy market?
- 8 Company Profiles
- 8.1. Grupo LALA SAB de CV
- 8.2. Ganaderos Productores de Leche Pura SAPI de CV
- 8.3. Sigma Alimentos SA de CV
- 8.4. Mondelez International, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico dairy market value: $ million, 2018-23
- Table 2: Mexico dairy market volume: million kilograms, 2018-23
- Table 3: Mexico dairy market category segmentation: % share, by value, 2018-2023
- Table 4: Mexico dairy market category segmentation: $ million, 2018-2023
- Table 5: Mexico dairy market geography segmentation: $ million, 2023
- Table 6: Mexico dairy market distribution: % share, by value, 2023
- Table 7: Mexico dairy market value forecast: $ million, 2023-28
- Table 8: Mexico dairy market volume forecast: million kilograms, 2023-28
- Table 9: Mexico dairy market share: % share, by value, 2023
- Table 10: Grupo LALA SAB de CV: key facts
- Table 11: Grupo LALA SAB de CV: Key Employees
- Table 12: Ganaderos Productores de Leche Pura SAPI de CV: key facts
- Table 13: Ganaderos Productores de Leche Pura SAPI de CV: Key Employees
- Table 14: Sigma Alimentos SA de CV: key facts
- Table 15: Sigma Alimentos SA de CV: Key Employees
- Table 16: Mondelez International, Inc.: key facts
- Table 17: Mondelez International, Inc.: Annual Financial Ratios
- Table 18: Mondelez International, Inc.: Key Employees
- Table 19: Mondelez International, Inc.: Key Employees Continued
- Table 20: Mexico size of population (million), 2019-23
- Table 21: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
- Table 22: Mexico gdp (current prices, $ billion), 2019-23
- Table 23: Mexico inflation, 2019-23
- Table 24: Mexico consumer price index (absolute), 2019-23
- Table 25: Mexico exchange rate, 2018-23
- List of Figures
- Figure 1: Mexico dairy market value: $ million, 2018-23
- Figure 2: Mexico dairy market volume: million kilograms, 2018-23
- Figure 3: Mexico dairy market category segmentation: $ million, 2018-2023
- Figure 4: Mexico dairy market geography segmentation: % share, by value, 2023
- Figure 5: Mexico dairy market distribution: % share, by value, 2023
- Figure 6: Mexico dairy market value forecast: $ million, 2023-28
- Figure 7: Mexico dairy market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the dairy market in Mexico, 2023
- Figure 9: Drivers of buyer power in the dairy market in Mexico, 2023
- Figure 10: Drivers of supplier power in the dairy market in Mexico, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the dairy market in Mexico, 2023
- Figure 12: Factors influencing the threat of substitutes in the dairy market in Mexico, 2023
- Figure 13: Drivers of degree of rivalry in the dairy market in Mexico, 2023
- Figure 14: Mexico dairy market share: % share, by value, 2023
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