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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico Cheese Market Size
The Mexico cheese market attained a value of USD 3.07 billion in 2023, owing to the growing demand for different cheeses and increasing consumption of fast food around the world. The market is projected to further grow at a CAGR of 7.6% between 2024 and 2032 to reach a value of USD 4.95 billion by 2032.
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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