Mexico Beer and Cider Market Analysis by Category and Segment, Company and Brand, Price, Packaging and Consumer Insights
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Mexico Beer and Cider Market Report Overview
Mexico Beer and Cider Market Outlook, 2022-2028 (LCU Billion)
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The beer and cider market size in Mexico was LCU540.97 billion in 2022 and will grow at a CAGR of more than 7% during 2023-2028. Rising resident and tourist footfall in retail stores and on-premise venues bolstered out-of-home consumption. Moreover, social gatherings, celebrations, and mass-spectator events increased, thereby boosting on-premise consumption.
Market Size (2022) | LCU540.97 billion |
CAGR (2023-2028) | >7% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2028 |
Key Distribution Channels | · On-Premise
· Off-Premise |
Key Packaging Materials | · Metal
· Glass |
Key Packaging Types | · Can
· Bottle · Keg |
Leading Companies | · Grupo Modelo
· Cerveceria Minerva · Diageo Mexico · Casa Cuervo · JFC de Mexico |
Leading Brands | · Corona
· Tecate · Modelo · Dos Equis · Indio |
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The Mexico beer and cider market research report offers an in-depth analysis of the beer and cider industry. It covers an introduction, category and segment insights, company and brand insights, channel insights, packaging insights, and appendix sections.
Mexico Beer and Cider Market – Competitive Landscape
Mexico Beer and Cider Market Analysis by Companies, 2022 (%)
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The report offers the market share and growth in terms of volume and value of the top-performing Mexico beer and cider companies. A few of the leading companies in the Mexico beer and cider market are:
- Grupo Modelo
- Cerveceria Minerva
- Diageo Mexico
- Casa Cuervo
- JFC de Mexico
In 2022, Grupo Modelo was the leading company in the Mexico beer and cider market. Grupo Modelo, based in Mexico City, Mexico, is one of the world’s largest exporters of beer. Operating as a subsidiary of A-B InBev, Grupo Modelo produces, distributes and markets beer, wine, and water in domestic and international markets. From its global portfolio, the company markets brands such as Budweiser, Bud Light, Stella Artois, and Michelob Ultra, which are produced by A-B InBev. Furthermore, through a strategic alliance with Nestlé Waters, the company distributes the bottled water brands Sta. María and Nestlé Pureza Vital in Mexico.
Mexico Beer and Cider Market Segmentation by Packaging Type
Mexico Beer and Cider Market Analysis by Packaging Type, 2022 (%)
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The key packaging types in the beer and cider market in Mexico are can, bottle, and keg. Bottle had the major market volume share in 2022. The key packaging materials in the Mexico beer and cider market are metal and glass. The glass packaging material had the highest volume in 2022.
In early 2022, Grupo Modelo introduced CanCollar Eco, a cardboard ring packaging developed by WestRock and Gondi, for all Corona Extra and Modelo Especial SKUs. This environmentally sustainable initiative aims to replace plastic ring packaging.
Mexico Beer and Cider Market Segmentation by Distribution Channels
Mexico Beer and Cider Market Analysis by Distribution Channels, 2022 (%)
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The key distribution channels in the beer and cider market in Mexico are off-premise and on-premise. The off-premise distribution channel accounted for the highest value share in 2022. The segment comprises of volume sold for “subsequent consumption” away from the place of purchase. It also includes products purchased from retail outleAts for consumption on the go.
Mexico Beer and Cider Market – Top Brands
Mexico Beer and Cider Market Analysis by Brands, 2022 (%)
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The report offers the market share and growth in terms of volume and value of the top-performing Mexico beer and cider brands. A few of the leading brands in the Mexico beer and cider market are:
- Corona
- Tecate
- Modelo
- Dos Equis
- Indio
Corona was the leading brand with the highest value in 2022.
Segments Covered in the Report
Mexico Beer and Cider Market Distribution Channel Outlook (Value, LCU Billion, 2017-2028)
- On-Premise
- Off-Premise
Mexico Beer and Cider Market Packaging Material Outlook (Value, LCU Billion, 2017-2028)
- Metal
- Glass
Mexico Beer and Cider Market Packaging Type Outlook (Value, LCU Billion, 2017-2028)
- Can
- Bottle
- Keg
Scope
a) In 2022, the Russia–Ukraine conflict escalated raw material and energy prices, compelling international and domestic brewers to hike product prices.
b) The increase in out-of-home consumer movement, social gatherings, festivities, and mass-spectator events also bolstered on-premise beer & cider consumption in 2022.
Key Highlights
- The heightened focus on health and wellness prompted consumers to lower their alcohol consumption, which curtailed beer and cider volumes. However, this trend provides an opportunity for the growth of low- and zero-alcohol drinks.
- No and low-alcohol beer gained popularity among health-conscious consumers.
Reasons to Buy
- Gain an in-depth understanding of the dynamics and structure of the Mexico beer and cider industry. The report provides up-to-date competitive intelligence using historical and forecast data to improve your corporate strategic planning.
- Evaluate the current emerging trends and future growth opportunities in the Mexico beer and cider market to support your brand development and marketing initiatives.
- Understand volume vs. value trends and identify the key growth opportunities across the super-premium, premium, mainstream, and discount segments to best target profitability.
- Analyze domestic and imported beer brand performance and determine the key trends driving consumption preference to develop a competitive advantage.
- Utilize the detailed data available to analyze the market at various levels. This will help you make informed decisions regarding potential threats and growth opportunities for your company.
Cerveceria Cuauhtemoc Moctezuma
Cerveceria Minerva
Vinos y licores mundiales
Comercializadora Mexico Americana
Valle Redondo Sa De Cv
Casa Cuervo
JFC de Mexico
Table of Contents
Frequently asked questions
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What was the Mexico beer and cider market size in 2022?
The beer and cider market size in Mexico was LCU542.51 billion in 2022.
-
What is the Mexico beer and cider market growth rate?
The beer and cider market in Mexico is expected to register a CAGR of more than 7% during 2023-2028.
-
What will the Mexico beer and cider market growth rate be during the forecast period?
The beer and cider market in Mexico will grow at a CAGR of more than 7% during 2023-2028.
-
Which was the leading distribution channel in the Mexico beer and cider market in 2022?
In 2022, off-premise accounted for the highest distribution channel share in the Mexico beer and cider market.
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Which was the leading packaging material in the Mexico beer and cider market in 2022?
In 2022, glass accounted for the largest packaging material share in the Mexico beer and cider market.
-
Which are the leading brands in the Mexico beer and cider market?
A few of the leading brands in the Mexico beer and cider market are Corona, Tecate, Modelo, Dos Equis, and Indio.
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