Mexico Confectionery Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026
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Mexico Confectionery Market Overview
The Mexico confectionery market was valued at MXN78.7 billion ($3.9 billion) in 2021 and is expected to grow at a CAGR of more than 4% during the forecast period. The Mexico confectionery market research report analyzes 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. The report will also help you to gain an understanding of the total competitive landscape based on a detailed company share analysis to plan effective market positioning.
For more insights on the Mexico confectionery market forecast, download a free report sample
Mexico Confectionery Market Segmentation by Top Cities
The top cities in the Mexico confectionery sector are Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Queretaro. Mexico City accounted for the largest confectionery market in Mexico.
Mexico Confectionery Market Analysis, by Top Cities
To know more about the top cities in the Mexico confectionery market, download a free report sample
Mexico Confectionery Market Segmentation by Category
The key categories in the Mexico confectionery market are sugar confectionery, chocolate, and gum. Sugar confectionery was the largest category in 2021 in terms of value.
Mexico Confectionery Market Analysis, by Category
For more category insights in the Mexico confectionery market, download a free report sample
Mexico Confectionery Market Segmentation by Distribution Channel
The key distribution channels in the Mexico confectionery market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and dollar stores. Hypermarkets & supermarkets were the leading distribution channel in the Mexico confectionery market in 2021.
Mexico Confectionery Market Analysis, by Distribution Channel
For more distribution channel insights in the Mexico confectionery market, download a free report sample
Mexico Confectionery Market Segmentation by Packaging Material
The key packaging materials in the Mexico confectionery market are flexible packaging, rigid plastics, paper & board, and rigid metal. Flexible packaging was the most used pack material in the Mexico confectionery market.
Mexico Confectionery Market Analysis, by Packaging Material
For more packaging material insights into the Mexico confectionery market, download a free report sample
Competitive Landscape
Some of the leading companies in the Mexico confectionery market are Mondelez International, Inc, Mars, Incorporated, Grupo Bimbo, S.A.B. de C.V, Nestlé, The Hershey Company, private label, and others. Mondelez International, Inc, had the largest Mexico confectionery market share in 2021.
Mexico Confectionery Market Analysis, by leading Companies
To know more about leading confectionery companies in Mexico, download a free report sample
Mexico Confectionery Market - Overview
Market Size (2021) | MXN78.7 billion ($3.9 billion) |
CAGR (2021-2026) | >4% |
Key Cities | Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Queretaro |
Key Categories | Sugar Confectionery, Chocolate, and Gum |
Key Distribution Channel | Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, and Dollar Stores |
Key Packaging Material | Flexible Packaging, Rigid Plastics, Paper & Board, and Rigid Metal |
Key Companies | Mondelez International, Inc, Mars, Incorporated, Grupo Bimbo, S.A.B. de C.V, Nestlé, The Hershey Company, Private Label, and Others |
Key Highlights
- Per capita consumption of confectionery was higher in Mexico than in both the global and regional levels in 2021
- The per capita consumption of sugar confectionery was higher in Mexico than other confectionery categories during 2021
- Hypermarkets & supermarkets is the leading distribution channel in the Mexico confectionery sector
- The health & wellness market is led by the chocolate category in the Mexico confectionery sector
- In Mexico, consumption of confectionery is higher among females than males. Furthermore, “kids & babies” represent the largest subset of the confectionery sector in Mexico.
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.
Nestlé
The Hershey Company
Mars, Incorporated
PepsiCo
Canel`s, S.A. de C.V.
Ferrero S.p.A.
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Frequently asked questions
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What was the Mexico confectionery market size in 2021?
The confectionery market in Mexico was valued at MXN78.7 billion ($3.9 billion) in 2021.
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What is the Mexico confectionery market growth rate?
The confectionery market in Mexico is expected to grow at a CAGR of more than 4% during 2021-2026.
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Which are the top cities in the Mexico confectionery market?
The top cities in the Mexico confectionery sector are Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Queretaro.
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What are the key categories in the Mexico confectionery market?
The key categories in the Mexico confectionery market are sugar confectionery, chocolate, and gum.
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What are the key distribution channels in the Mexico confectionery market?
The key distribution channels in the Mexico confectionery market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and dollar stores.
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What are the key packaging materials used in the Mexico confectionery market?
The key packaging materials in the Mexico confectionery sector are flexible packaging, rigid plastics, paper & board, and rigid metal.
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Which are the leading companies in the Mexico confectionery market?
Some of the leading companies in the Mexico confectionery market are Mondelez International, Inc, Mars, Incorporated, Grupo Bimbo, S.A.B. de C.V, Nestlé, The Hershey Company, private label, and others.
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