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Report
Mexico Canned Food Market Report and Forecast 2024-2032
Market Report I 2024-01-02 I 135 Pages I EMR Inc.
Mexico Canned Food Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Mexico canned food market grew significantly in 2023. Aided by the rising demand for convenient food options and the growing presence of canned food in Mexican cuisines, the market is projected to further grow at a CAGR of 4.10% between 2024 and 2032.
Canned food is food preserved by sealing it in airtight containers, which prolongs its shelf life. It's a common item in many households as it provides an easy, convenient, and affordable food option. Its range includes vegetables, fruits, legumes, meats, seafood, and ready-to-eat meals. Besides its convenience, canned food plays a critical role in food security, offering a way to store and preserve food for longer periods.
The increasing consumer demand for convenient and ready-to-eat food options is driving the Mexico canned food market growth. With the fast-paced lifestyle and the rising number of working individuals, there has been a significant shift towards easy-to-prepare meals. This trend has led to an upsurge in demand for canned food products that offer both convenience and a long shelf life.
The integration of canned food into traditional Mexican cuisine also plays a significant role in boosting the Mexico canned food market demand. Many authentic Mexican dishes, such as tacos, enchiladas, and tamales, often incorporate canned ingredients like beans, corn, and chiles. These ingredients not only add flavour but also significantly cut down on cooking time, further enhancing the appeal of canned food products.
Moreover, canned food is used extensively in the Mexican restaurant and catering industry. Canned ingredients ensure consistent quality and flavour while reducing preparation time and waste, factors that are crucial in a commercial kitchen environment. The industry's increasing demand for canned food further bolsters the Mexico canned food market share.
In addition, the focus on healthy and organic canned food options has surged, propelled by the rising awareness about health and wellness. As a result, canned food manufacturers have been introducing products that are low in sodium, free from preservatives, and packed with natural ingredients. The growth of this health-conscious consumer segment has led to the emergence of canned food as a viable choice for healthy and convenient meals, thus supporting the market expansion.
Market Segmentation
The market can be divided based on source, product, distribution channel, and region.
Market Breakup by Source
- Organic
- Conventional
Market Breakup by Product
- Canned Fruits and Vegetables
- Canned Meat and Seafood
- Canned Ready Meals
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- E-commerce
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajio
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Mexico canned food market. Some of the major players explored in the report by Expert Market Research are as follows:
- ConAgra Brands, Inc.
- The Kraft Heinz Company
- Nestle S.A.
- Campbell Soup Company
- Del Monte Foods, Inc.
- Grupo Herdez
- Conservas La Costena, SA de CV
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Mexico Canned Food Market Overview
8.1 Key Industry Highlights
8.2 Mexico Canned Food Historical Market (2018-2023)
8.3 Mexico Canned Food Market Forecast (2024-2032)
9 Mexico Canned Food Market by Source
9.1 Organic
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Conventional
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Mexico Canned Food Market by Product
10.1 Canned Fruits and Vegetables
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Canned Meat and Seafood
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Canned Ready Meals
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Mexico Canned Food Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 E-commerce
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Mexico Canned Food Market by Region
12.1 Baja California
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Northern Mexico
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 The Bajio
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Central Mexico
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Pacific Coast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Yucatan Peninsula
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Key Company Profiles
14.2.1 ConAgra Brands, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 The Kraft Heinz Company
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nestle S.A.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Campbell Soup Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Del Monte Foods, Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Grupo Herdez
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Conservas La Costena , SA de CV
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Canned Food Market: Key Industry Highlights, 2018 and 2032
2. Mexico Canned Food Historical Market: Breakup by Source (USD Billion), 2018-2023
3. Mexico Canned Food Market Forecast: Breakup by Source (USD Billion), 2024-2032
4. Mexico Canned Food Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Mexico Canned Food Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Mexico Canned Food Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Mexico Canned Food Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Mexico Canned Food Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Mexico Canned Food Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Mexico Canned Food Market Structure
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