Mexico Fresh Food Market Report and Forecast 2024-2032

Mexico Fresh Food Market Share

Poultry, meat, fruits, and vegetables segments are growing rapidly due to their rising consumption

Poultry and meat segment is growing due to the rising requirement for fresh meat and poultry to achieve body’s protein requirement. Fresh meat and poultry provide various health benefits to the consumer due to their low levels of fat and high nutritional value. The increased accessibility of such products across different distribution channels is further supporting the segment’s growth.

The fruits and vegetables segment is also a major contributor to the Mexico fresh food market expansion, driven by the country's fertile agricultural regions and diverse climates. Key players in this segment include local farmers and distributors, such as those operating in the Mercado de San Juan in Mexico City.

Meanwhile, the bread and bakery segment’s growth is driven by the popularity of traditional Mexican breads and pastries. Major players in this segment include Grupo Bimbo, S.A.B. de C.V. and Sigma Alimentos, S.A de C.V., which operate large-scale bakeries and retail chains across the country. The dairy segment also has a prominent Mexico fresh food market share, driven by the demand for milk, cheese, and other dairy products.

Supermarkets and hypermarkets contribute to market’s expansion by offering a vast range of fresh produce

Supermarkets and hypermarkets are anticipated to account for a significant market share due to the availability of a wide range of products and brands to choose from. The convenience and prices also attract consumers to supermarkets and hypermarkets. Additionally, the presence of helpful sales professionals and representatives allows consumers to select products most suitable to their requirements. Examples of major players in this segment include Walmart, Soriana, and Chedraui, which operate numerous stores across the country.

As per Mexico fresh food market analysis, open markets, also known as traditional markets, are also contributing to the market’s growing share. These markets are often run by local vendors and are known for offering a wide variety of fresh produce, meats, and other food items at competitive prices. The Mercado de San Juan in Mexico City is a popular open market.

Online channels, including e-commerce platforms and home delivery services also have a substantial share as these services offer consumers the convenience of shopping from home and having their groceries delivered. Mercado Libre is a popular e-commerce platform in Mexico that offers a wide range of fresh produce. Walmart has also expanded its online grocery shopping service in Mexico.

Mexico Fresh Food Market Report Snapshots

Mexico Fresh Food Market Size

Mexico Fresh Food Market Growth

Mexico Fresh Food Market Trends

Mexico Fresh Food Market Share

Mexico Fresh Food Companies

Mexico Fresh Food Market Regional Analysis