Mexico Confectionery Market Report and Forecast 2025-2034
Market Report I 2025-06-05 I 133 Pages I EMR Inc.
The Mexico confectionery market size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is being driven by the rising demand for healthy and indulgent confectioneries and the growing trend of sustainability.
One of the key factors aiding the Mexico confectionery market growth is the growing trend of snacking. Customers are increasingly preferring indulgent snacks made with high-quality and healthy ingredients. Moreover, in the forecast period, the demand for artisanal and premium confectionery in Mexico is expected to rise amid the growing focus on quality.
Chocolates dominate the Mexico confectionery market share. Chocolates are consumed by Mexicans on a wide variety of occasions, including Valentine's Day, birthdays, and other events. Besides, the market is witnessing a shift towards indulgent yet healthy and low-sugar chocolates that can provide functional benefits.
The use of sustainable ingredients and packaging materials has become increasingly important in the country. This can be attributed to the growing trend of sustainability, the rising volume of waste and plastic pollution, and a surge in environmental consciousness. The growing focus on transparency and ethical sourcing is further propelling the Mexico confectionery market growth.
Retail stores account for a substantial portion of the sale of confectionery items in Mexico. However, with increasing internet accessibility and smartphone penetration, online distribution channels are expected to emerge as a leading channel for purchases by consumers.
Innovations in flavours and textures of confectioneries are expected to favour the Mexico confectionery market development in the forecast period. The rising demand for better-for-you confectioneries, new product development by key players, and the growing focus on health and wellness are anticipated to further revolutionise the Mexico market in the coming years.
Market Segmentation
Mexico Confectionery Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments
Market Breakup by Product Type
- Chocolate_x000D_ _x000D_ White _x000D_ Dark _x000D_ Milk _x000D_ _x000D_
- Chocolate_x000D_ _x000D_ White _x000D_ Dark _x000D_ Milk _x000D_ _x000D_
- Sugar Confectionery_x000D_ _x000D_ Hard-Boiled Sweets _x000D_ Caramels and Toffees _x000D_ Mint and Gums _x000D_ _x000D_
- Sugar Confectionery_x000D_ _x000D_ Hard-Boiled Sweets _x000D_ Caramels and Toffees _x000D_ Mint and Gums _x000D_ _x000D_
- Snack Bars
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajio
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
Competitive Landscape
The key Mexico confectionery market players are
- Nestle S.A
- Ferrero International S.A.
- Mondelez International Inc.
- Hershey Co.
- Mars, Incorporated
- Canels Group
- Grupo Industrial Sweets SA de CV
- Dulcerama de Mexico
- VIBERSA SA DE CV
- Chocolatera Ibarra, S.A.P.I. de C.V.
- Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Confectionery Market Overview
5.1 Key Industry Highlights
5.2 Latin America Confectionery Historical Market (2018-2024)
5.3 Latin America Confectionery Market Forecast (2025-2034)
5.4 Latin America Confectionery Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Others
6 Mexico Confectionery Market Overview
6.1 Key Industry Highlights
6.2 Mexico Confectionery Historical Market (2018-2024)
6.3 Mexico Confectionery Market Forecast (2025-2034)
7 Mexico Confectionery Market by Product Type
7.1 Chocolate
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Type
7.1.3.1 White
7.1.3.2 Dark
7.1.3.3 Milk
7.2 Sugar Confectionery
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.2.3 Breakup by Type
7.2.3.1 Hard-Boiled Sweets
7.2.3.2 Caramels and Toffees
7.2.3.3 Mint and Gums
7.3 Snack Bars
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Mexico Confectionery Market by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Convenience Stores
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Speciality Stores
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Online
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Others
9 Mexico Confectionery Market by Region
9.1 Baja California
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Northern Mexico
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 The Bajio
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Central Mexico
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Pacific Coast
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Yucatan Peninsula
9.6.1 Historical Trend (2018-2024)
9.6.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Trade Data Analysis (HS Code: 174, 1806)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Nestle S.A
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Ferrero International S.A.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Mondelez International Inc.
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Hershey Co.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Mars, Incorporated
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Canels Group
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Grupo Industrial Sweets SA de CV
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Dulcerama de Mexico
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 VIBERSA SA DE CV
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Chocolatera Ibarra, S.A.P.I. de C.V.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Others
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