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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Growing Health Awareness and Lack of Proper Facilities can Pose as Major Challenges for the Market Growth
Growing Health Consciousness Among the People
Cheese is an excellent source of protein, but a significant downside is the high level of saturated fats in processed cheese and overconsuming it may cause high cholesterol. The growing health consciousness for healthy foods may hinder the market growth.
Proper Facility for Storage and Manufacturing
Cheese requires to be stored in a refrigerator with a controlled temperature. Once the cheese matches the room temperature, it can get spoiled in a short span of time, especially in summers. This can be a setback in less developed regions, as they do not have proper facilities.
Mexico Cheese Market Report Snapshots
Mexico Cheese 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 Mexico cheese market attained a value of USD 3.07 billion.
The market is likely to rise at a CAGR of 7.6% between 2024 and 2032.
The market is expected to experience positive growth to reach USD 4.95 billion in 2032.
The expanding fast-food industry and increasing prevalence of cheese as a protein source are the main market drivers.
The growing demand of cheese for fast foods and innovative advertising for snacks are the key trends followed in the market.
The major regions in the market are The Bajío, Northern Mexico, Central Mexico, Baja California, Pacific Coast, and Yucatan Peninsula.
The segments in the market, based on source, include cow milk, goat milk, buffalo milk, and others.
The types of cheese in the market include fresco, doble crema, panela, amarillo, crema, chihuahua, manchego, and oaxaca, among others.
The different formats of cheese in the market include diced/cubes, slices, shredded, spreads, and blocks, among others.
The products are distributed in the market through convenience stores, online, supermarkets and hypermarkets, and specialty stores, among others.
The major players in the industry include Arla Foods amba, Sigma Alimentos, S.A. de C.V., VAI Group, and ILAS México SA de CV, among others.
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