Mexico Plant-based Dairy Market 2024

Description

Expected to see substantial growth, the Mexico plant-based dairy market is anticipated to move from USD 754.4 million in 2023 to USD 1,164.3 million by 2029, corresponding to a CAGR of 7.5%. Mexico’s plant-based dairy market is booming, driven by a growing awareness of health and wellness, with lactose intolerance being a major concern among urban populations. The younger demographic is adopting vegan and flexitarian diets, influenced by Western trends and the availability of high-quality plant-based products. Additionally, sustainability is a significant factor, with consumers increasingly opting for eco-friendly and ethically produced alternatives.

This report provides a thorough assessment of the Mexico plant-based dairy industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the plant-based dairy industry.

Market Segmentation

The Mexico plant-based dairy market is categorized into the following segments:
Product type: plant-based milk, plant-based cheese
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, others

The plant-based dairy market in the Mexico is segmented by product type and distribution channel. In terms of product type, the market is segmented into plant-based milk, and plant-based cheese. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, and others.

Competitive Landscape

Leading companies in the plant-based dairy market include The Coca-Cola Company, Nestle S.A., Heartbest SAPI de CV, Grupo Lala S.A.B. de C.V. , Grupo Industrial Cuadritos Biotek S.A. de C.V., Flora Food Group B.V. and Danone S.A. This comprehensive report analyzes the performance of leading companies in the plant-based dairy sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Mexico plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the Mexico plant-based dairy market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Mexico plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Mexico plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Mexico Plant-based Dairy Market – Product Type Analysis
Mexico Plant-based Dairy Market – Distribution Channel Analysis
Key Players and Market Share
– The Coca-Cola Company
– Nestle S.A.
– Heartbest SAPI de CV
– Grupo Lala S.A.B. de C.V. 
– Grupo Industrial Cuadritos Biotek, S.A. de C.V.
– Flora Food Group B.V.
– Danone S.A.
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Mexico Plant-based Dairy Market 2019-2029
Chart Mexico Plant-based Dairy Market, Net Growth, 2019-2029
Chart Mexico Plant-based Dairy Market, Growth Rates, 2019-2029
Table Mexico Plant-based Dairy Market by Product Type, 2019-2029
Chart Mexico Plant-based Dairy Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Plant-based Dairy Market by Product Type, 2019-2029
Table Mexico Plant-based Dairy Market by Distribution Channel, 2019-2029
Chart Mexico Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Mexico Plant-based Dairy Market by Distribution Channel, 2019-2029
Table Mexico Plant-based Dairy Market Share (%), by Companies, 2019-2023
Chart Mexico Plant-based Dairy Market, by Companies, 2023
Table Mexico Plant-based Dairy Market Share (%), by Brands, 2019-2023
Chart Mexico Plant-based Dairy Market, by Brands, 2023
Table Mexico – Population (Millions) and Forecast
Table Mexico – Consumer Price Index (CPI) and Forecast
Table Mexico – Gross Domestic Product and Forecast
Table Mexico Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Mexico Plant-based Dairy Market: Consumption per Capita (Population)

Companies Mentioned

The Coca-Cola Company
Nestle S.A.
Heartbest SAPI de CV
Grupo Lala S.A.B. de C.V. 
Grupo Industrial Cuadritos Biotek, S.A. de C.V.
Flora Food Group B.V.
Danone S.A.