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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Mexico Confectionery Market Outlook

The Mexico confectionery market size is projected to grow at a CAGR of 5.6% between 2025 and 2034. The market is being driven by the rising demand for healthy and indulgent confectioneries and the growing trend of sustainability.

Key Takeaways

  • Seasonal chocolates are expected to gain increasing popularity over the forecast period.
  • An average Mexican consumes 5.8 kg of confectionery annually while spending USD 28.
  • The demand for healthy yet indulgent confectionery is expected to increase in Mexico in the forecast period.

One of the key factors aiding the Mexico confectionery market growth is the growing trend of snacking. Customers are increasingly preferring indulgent snacks made with high-quality and healthy ingredients. Moreover, in the forecast period, the demand for artisanal and premium confectionery in Mexico is expected to rise amid the growing focus on quality.

Chocolates dominate the Mexico confectionery market share. Chocolates are consumed by Mexicans on a wide variety of occasions, including Valentine's Day, birthdays, and other events. Besides, the market is witnessing a shift towards indulgent yet healthy and low-sugar chocolates that can provide functional benefits.

The use of sustainable ingredients and packaging materials has become increasingly important in the country. This can be attributed to the growing trend of sustainability, the rising volume of waste and plastic pollution, and a surge in environmental consciousness. The growing focus on transparency and ethical sourcing is further propelling the Mexico confectionery market growth.

Retail stores account for a substantial portion of the sale of confectionery items in Mexico. However, with increasing internet accessibility and smartphone penetration, online distribution channels are expected to emerge as a leading channel for purchases by consumers.

Innovations in flavours and textures of confectioneries are expected to favour the Mexico confectionery market development in the forecast period. The rising demand for better-for-you confectioneries, new product development by key players, and the growing focus on health and wellness are anticipated to further revolutionise the Mexico market in the coming years.

Market Segmentation

Mexico Confectionery Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments

Market Breakup by Product Type

  • Chocolate
    • White
    • Dark
    • Milk
  • Sugar Confectionery
    • Hard-Boiled Sweets
    • Caramels and Toffees
    • Mint and Gums
  • Snack Bars
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

Market Breakup by Region

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

The key Mexico confectionery market players are Nestlé S.A, Ferrero International S.A., Mondelez International Inc., Hershey Co., Mars, Incorporated, Canels Group, Grupo Industrial Sweets SA de CV, Dulcerama de México, VIBERSA SA DE CV, and Chocolatera Ibarra, S.A.P.I. de C.V., among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Distribution Channel
  • Region
Breakup by Product Type
  • Chocolate
  • Sugar Confectionery
  • Snack Bars
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nestlé S.A
  • Ferrero International S.A.
  • Mondelez International Inc.
  • Hershey Co.
  • Mars, Incorporated
  • Canels Group
  • Grupo Industrial Sweets SA de CV
  • Dulcerama de México
  • VIBERSA SA DE CV
  • Chocolatera Ibarra, S.A.P.I. de C.V.
  • Others

*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

The market is projected to grow at a CAGR of 5.6% between 2025 and 2034.

The different market segments based on product type include chocolate, sugar confectionery, and snack bars, among others.

The different distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.

The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.

The key market players are Nestlé S.A, Ferrero International S.A., Mondelez International Inc., Hershey Co., Mars, Incorporated, Canels Group, Grupo Industrial Sweets SA de CV, Dulcerama de México, VIBERSA SA DE CV, and Chocolatera Ibarra, S.A.P.I. de C.V., among others.

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