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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico Bread Market by Region
Central Mexico accounts for a significant market share due to the presence of the Mexico City metropolitan area, the bakery sector’s preference for flours rich in protein content, and the rising production of crispy and hollow bread types. Mexico City is also home to four key food ordering platforms, namely Uber Eats, Sin Delantal, Rappi, and Didi Food, which drive the demand for fast foods, like burgers.
Baja California is anticipated to grow with the highest CAGR in the coming years due to the presence of key supermarkets, including Walmart, Superama, and Chedruai, selling whole wheat bread in their bakery sections. Fast-food chains in Baja California, including Burros & Fries, Beverly Burger’s, McDonald’s, and In-N-Out Burger, among others, are further fuelling the Mexico bread market expansion.
Mexico Bread Market Report Snapshots
Mexico Bread Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market value was around USD 10.85 billion.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 17.59 billion by 2032.
The market drivers include government investments in bread production and the significance of bread in Mexican diet.
The key trends include growing interest in healthy and organic foods and an increase in the demand for artisanal bread in Mexico.
The different types of breads include leavened bread and flat bread.
The major distribution channels for bread include supermarkets and hypermarkets, convenience stores/variety stores, specialist retailers, and online.
The major players in the market include Grupo Bimbo SAB de CV, Grupo Mi Pan, Rustic Pan SA de CV, Campbell Soup Company, Pan Rol SA DE CV, and GRUMA, S.A.B. de C.V.
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