The dairy market in Mexico was valued at 4.24 billion USD in 2015 (calculated in retail prices). From 2015 to 2019, it grew at a compound annual growth rate (CAGR) of 4.93% to reach 5.14 billion USD. The market is segmented into milk and cream, yogurt and curdled milk, and cream cheese. In 2019, the segments recorded shares of 70%, 25%, and 5%, respectively.
In 2015, the per capita consumption value of dairy in Mexico was 34.18 USD (in retail prices). Until 2019, the consumption grew at a CAGR of 4.52% to reach 40.79 USD. That was lower than the average value for North America, whose per capita consumption of dairy was equal to 84.3 USD.
The market research report presents a strategic analysis of the market and a forecast for its development in the medium term. The research study provides a comprehensive overview of the market:
- Volume and value size and dynamics,
- Structure and characteristics;
- Competitive landscape and major companies;
- Trends and challenges;
- Growth and demand drivers;
- Consumption and prices;
- Imports and exports;
- Forecast for development.
The report also provides socio-economic data for the region and a product breakdown, offering a broader perspective on the market dynamics within a region.
The report includes information on the following companies:
- Arla Foods;
- Britannia Industries Limited;
- China Yurun Food Group;
- Chobani LLC;
- Danone S.A.;
- Lactalis Group;
- Meggle AG;
- The Kraft Heinz Company;
- Tyson Foods;
- Wen's Food Group.
The market research report was prepared with Williams & Marshall Strategy’s methodology. It includes a blend of qualitative and quantitative data that comes from official sources. All research is then validated by insights gathered from semi-structured interviews with market experts. They are representatives of the main market participants – producers, distributors, wholesalers, and retailers.
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