Fermented Meats (Savory and Deli Foods) Market in Mexico – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The Mexico fermented meats market was valued at MXN139.90 million in 2020. The market is projected to grow at a CAGR of more than 4% during the forecast period. In 2020, the chorizo segment accounted for a major share while other (fermented meats) stood in the second position. Salami is expected to be the fastest-growing segment of the market and chorizo is the weakest in the forecast period. Moreover, the largest segment in volume terms was chorizo followed by salami. Within the distribution channels, hypermarkets and supermarkets accounted for a majority share of the market while food and drinks specialists was the slowest operating channel.
The Mexico fermented meats market research report provides up-to-date market size data for the period 2015-2020 and an illustrative forecast to 2025 premised on the COVID-19 hit, covering key market aspects like sales value and volume for fermented meats and its variants chorizo, pepperoni, salami & other (fermented meats).
Mexico fermented meats market overview
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What are the key segments in the Mexico fermented meats market?
The key segments in the fermented meats market in Mexico are chorizo, other fermented meats, salami, and pepperoni. In 2020, chorizo was the largest segment both in terms of value and volume while salami was the fastest-growing segment during the review period. In terms of value and volume, pepperoni accounted for the smallest part of the market share.
Mexico fermented meats market, by segments
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What are the key distribution channels in the Mexico fermented meats market?
The key distribution channels in the fermented meats market in Mexico are hypermarkets and supermarkets, convenience stores, food and drinks specialists, e-retailers, cash and carries and warehouse clubs, and others. Hypermarkets and supermarkets dominated the market.
Mexico fermented meats market, by distribution channels
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Market report scope
Market size (Year – 2020) | MXN139.90 million |
Growth rate | CAGR of >4% |
Forecast period | 2020-2025 |
Key segments | Chorizo, Other Fermented Meats, Salami, and Pepperoni |
Key distribution channels | Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists, E-Retailers, and Cash and Carries and Warehouse Clubs |
This report provides:
- Overall fermented meats (savory & deli foods) market value and volume analytics with growth analysis from 2015 to 2025.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the fermented meats (savory & deli foods) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the Mexico fermented meats market size in 2020?
The fermented meats market in Mexico was valued at MXN139.90 million in 2020.
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What is the Mexico fermented meats market growth rate?
The fermented meats market in Mexico is projected to grow at a CAGR of more than 4% during the forecast period.
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What are the key segments in the Mexico fermented meats market?
The key segments in the Mexican fermented meats market are chorizo, other fermented meats, salami, and pepperoni.
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What are the key distribution channels in the Mexico fermented meats market?
The key distribution channels in the Mexican fermented meats market are hypermarkets and supermarkets, convenience stores, food and drinks specialists, e-retailers, cash and carries and warehouse clubs, and others.
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