Mexico Bakery and Cereals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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Mexico Bakery and Cereals Market Overview
The Mexico bakery & cereals market size was valued at $23 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. The energy bars category is expected to register the fastest value and volume growth during the forecast period. Flexible packaging is the most used pack material in the country.
The Mexico bakery & cereals market research report provides insights on high-growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data, and companies market shares.
Mexico Bakery & Cereals Market Outlook
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What is the city-level outlook of the Mexico bakery & cereals market?
The key cities in the Mexico bakery & cereals market are Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Torreon. Mexico City emerged as the largest bakery & cereals market in Mexico followed by Monterrey and Guadalajara.
Mexico Bakery & Cereals Market Analysis by Cities
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What are the key categories in the Mexico bakery & cereals market?
The key categories in the Mexico bakery & cereals market are baking ingredients, baking mixes, bread & rolls, breakfast cereals, cakes, pastries & sweet pies, cereal bars, cookies (sweet biscuits), dough products, energy bars, morning goods, and savory biscuits. The Mexico bakery & cereals sector was led by the bread & rolls category in value terms as well as in volume terms in 2021.
Mexico Bakery & Cereals Market Analysis by Category
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What are the key distribution channels in the Mexico bakery & cereals market?
The key distribution channels in the Mexico bakery & cereals market are food & drinks specialists, hypermarkets & supermarkets, convenience stores, and dollar stores. Food & drinks specialists were the leading distribution channel in the Mexico bakery & cereals sector in 2021 followed by hypermarkets & supermarkets and convenience stores.
Mexico Bakery & Cereals Market Analysis by Distribution Channel
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Which are the key companies in the Mexico bakery & cereals market?
Some of the key companies in the Mexico bakery & cereals market are Artisanal Producers, Grupo Bimbo S.A.B de C.V., PepsiCo, The Kellogg Company, Cereal Partners Worldwide S.A., General Mills Inc, Grupo Turin, ConAgra Brands Inc, Unilever, and Mondelez International Inc. Grupo Bimbo S.A.B de C.V., PepsiCo and The Kellogg Company are the top three companies in the Mexican bakery & cereals sector.
Mexico Bakery & Cereals Market Analysis by Companies
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Market report scope
Market size (Year – 2021) | $23 billion |
CAGR | >4% |
Forecast period | 2021-2026 |
Key cities | Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Torreon |
Key categories | Baking Ingredients, Baking Mixes, Bread & Rolls, Breakfast Cereals, Cakes, Pastries & Sweet Pies, Cereal Bars, Cookies (Sweet Biscuits), Dough Products, Energy Bars, Morning Goods, and Savory Biscuits |
Key distribution channels | Food & Drinks Specialists, Hypermarkets & Supermarkets, Convenience Stores, and Dollar Stores |
Key companies | Artisanal Producers, Grupo Bimbo S.A.B de C.V., PepsiCo, The Kellogg Company, Cereal Partners Worldwide S.A., General Mills Inc, Grupo Turin, ConAgra Brands Inc, Unilever, and Mondelez International Inc |
Scope
- Overall sector value data with growth analysis for 2016-2026.
- Value and growth analysis for baking ingredients, baking mixes, bread & rolls, cakes, pastries & sweet pies, cereal bars, cookies (sweet biscuits), dough products, energy bars, morning goods, and savory biscuits with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026.
- Market share of companies (in value terms) and private labels (in value terms) in 2021.
- Percentage of sales within each category through distribution channels such as “dollar stores”, variety store & general merchandise retailers, cash & carries & warehouse clubs, convenience stores, department stores, drugstores & pharmacies, E-retailers, Food & drinks specialists, hypermarkets & supermarkets, vending machines.
- Consumption breakdown for package materials and pack types in each category, in terms of percentage share of the number of units sold.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Grupo Bimbo S.A.B de C.V.
PepsiCo
The Kellogg Company
Cereal Partners Worldwide S.A.
General Mills Inc
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Frequently asked questions
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What was the Mexico bakery & cereals market size in 2021?
The bakery & cereals market size in Mexico was valued at $23 billion in 2021.
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What is the Mexico bakery & cereals market growth rate?
The bakery & cereals market in Mexico is projected to grow at a CAGR of more than 4% during the forecast period.
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Which are the key cities in the Mexico bakery & cereals market?
The key cities in the Mexico bakery & cereals market are Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Torreon.
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What are the key categories in the Mexico bakery & cereals market?
The key categories in the Mexico bakery & cereals market are baking ingredients, baking mixes, bread & rolls, breakfast cereals, cakes, pastries & sweet pies, cereal bars, cookies (sweet biscuits), dough products, energy bars, morning goods, and savory biscuits.
-
What are the key distribution channels in the Mexico bakery & cereals market?
The key distribution channels in the Mexico bakery & cereals market are food & drinks specialists, hypermarkets & supermarkets, convenience stores, and dollar stores.
-
Which are the key companies in the Mexico bakery & cereals market?
Some of the key companies in the Mexico bakery & cereals market are Artisanal Producers, Grupo Bimbo S.A.B de C.V., PepsiCo, The Kellogg Company, Cereal Partners Worldwide S.A., General Mills Inc, Grupo Turin, ConAgra Brands Inc, Unilever, and Mondelez International Inc.
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