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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
The Bajío, Northern Mexico, Central Mexico, Baja California, Pacific Coast, and Yucatan Peninsula Among the Major Regional Markets
Regions in the market include The Bajío, Northern Mexico, Central Mexico, Baja California, Pacific Coast, and Yucatan Peninsula.
The Mexico cheese market is growing at a rapid rate as the global demand for the various cheese types and Mexican cuisine keeps increasing. Baja California has started increasing its cheese production and the increase in output has added to the regional market volume. In addition to this, the region has also increased their cattle milk production to boost income.
The significant players worldwide are increasing their influence in emerging nations like Mexico. The rising influence of global players has contributed significantly to improve the cheese market expansion in the country.
The cheese market will experience continuous growth as the population keeps growing. The fast-food market is thriving, which compliments the development of the cheese market, as cheese is an ideal ingredient used in fast food.
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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