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Baja California leads the market due to its large agricultural production
Baja California is a significant contributor to the market, driven by its strategic location and diverse agricultural production. The region is known for its production of avocados, tomatoes, and berries, which are exported to international markets. As per industry reports, United States imported onions and cauliflower and broccoli from Mexico worth a value of USD 451 million and USD 392 million in November 2022, which shows a 6% and 12% increase from the previous year. Moreover, the region’s access to sun-drenched climates allows for abundant fresh vegetables, grapes (for wine), and olives (for olive oil).
Mexico Fresh Food Market Growth
Mexico Fresh Food Market Trends
Mexico Fresh Food Market Share
Mexico Fresh Food 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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Fresh Food Market Overview
8.1 Key Industry Highlights
8.2 Mexico Fresh Food Historical Market (2018-2023)
8.3 Mexico Fresh Food Market Forecast (2024-2032)
9 Mexico Fresh Food Market by Product Type
9.1 Bread and Bakery
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Dairy
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Fish and Seafood
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Fruits and Vegetables
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Meat and Poultry
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Mexico Fresh Food Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Open Market
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Departmental Stores
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Online
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Mexico Fresh Food Market by Region
11.1 Baja California
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Northern Mexico
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 The Bajío
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Central Mexico
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Pacific Coast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Yucatan Peninsula
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Grupo Bimbo, S.A.B. de C.V.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Sigma Alimentos, S.A de C.V.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Grupo Herdez, S.A.B. de C.V.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Bachoco, SA DE CV
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 GRUMA, S.A.B. de C.V
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 JBS SA
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Garcia Fresh Vegetables LLC
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 AGRANA Beteiligungs-AG
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Can-Am Pepper Company Limited
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Alimentos Profusa, SA de CV
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fresh Food Market: Key Industry Highlights, 2018 and 2032
2. Mexico Fresh Food Market: Key Industry Highlights, 2018 and 2032
3. Mexico Fresh Food Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. Mexico Fresh Food Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. Mexico Fresh Food Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
6. Mexico Fresh Food Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
7. Mexico Fresh Food Historical Market: Breakup by Region (USD Billion), 2018-2023
8. Mexico Fresh Food Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. Mexico Fresh Food Market Structure
In 2023, the fresh food market in Mexico reached an approximate value of USD 87.89 billion.
The market is expected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 130.66 billion by 2032.
The major drivers of the market include increasing awareness about the various health benefits of consuming fresh foods, low-fat content of poultry and meat products, and growing prevalence of diseases.
Key trends aiding market expansion include the rising availability of fresh foods across online distribution channels, expansion of farmer’s market in Mexico, and growing demand for organic fresh food products.
Regions considered in the market are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
Based on distribution channel, the market is divided into supermarkets and hypermarkets, open markets, departmental stores, and online, among others.
Key players in the market are Grupo Bimbo, S.A.B. de C.V., Sigma Alimentos, S.A de C.V., Grupo Herdez, S.A.B. de C.V., Bachoco, SA DE CV, GRUMA, S.A.B. de C.V, JBS SA, Garcia Fresh Vegetables LLC, AGRANA Beteiligungs-AG, Can-Am Pepper Company Limited, and Alimentos Profusa, SA de CV, among others.
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