Mexico Ice Cream Market Report and Forecast 2025-2034
Market Report I 2025-06-05 I 130 Pages I EMR Inc.
The Mexico ice cream market size reached USD 1.08 Million in 2024. The market is projected to grow at a CAGR of 4.50% between 2025 and 2034, reaching almost USD 1.68 Million by 2034.
The availability of fresh fruits all throughout the year in Mexico leads manufacturers to make paletas, which are becoming an increasingly popular item in frozen treats. They are generally categorised into two types, including water-based and milk-based.
While water-based paletas have a fruity flavour, milk-based paletas are popular among children because they contain chunks of cookies and come in different flavours like caramel and chocolate. These frozen treats are marketed in transparent packaging and are available across a wide range of distribution channels, including supermarkets and convenience stores. This is expected to drive the Mexico ice cream market expansion.
The preparation of ice cream sandwiches by street vendors attracts a lot of consumer attention. This is because of their sweet and salty flavour, which is immensely enjoyed by the people. This is one of the key Mexico ice cream market trends.
Major market players are designing seasonal product offerings for ice cream consumers in Mexico. For instance, some companies are bundling three different rectangular ice cream flavours in a box and marketing them to the consumers.
Some of the most popular flavours for the summer season in Mexico include strawberry, mango, and coconut. As the rate of innovation in ice cream packaging and flavour increases, the Mexico ice cream market growth is expected to witness an upward trajectory.
Market Segmentation
Mexico Ice Cream Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour:
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Source:
- Dairy-based Ice Creams
- Vegan Ice Creams
Market Breakup by Category:
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Market Breakup by Product Type:
- Cup
- Stick
- Cone
- Tub
- Brick
- Others
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice Cream Parlour
- Hotels and Restaurants
- Online
- Others
Market Breakup by Region:
- Baja California
- Northern Mexico
- The Bajio
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
Competitive Landscape
The major Mexico ice cream market players are:
- Grupo Arcor
- Unilever Plc
- Nestle S.A.
- Wells Enterprises, Inc
- MontHelado S.A.
- Ben & Jerry's Homemade, Inc.
- General Mills, Inc.
- Fabrica Heladeria Grido
- Colombina SA.
- Sorvetes Jundia Industria e Comercio LTDA
- 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 Mexico Ice Cream Market Overview
5.1 Key Industry Highlights
5.2 Mexico Ice Cream Historical Market (2018-2024)
5.3 Mexico Ice Cream Market Forecast (2025-2034)
6 Mexico Ice Cream Market by Flavor
6.1 Chocolate
6.1.1 Historical Trend (2018-2024) )
6.1.2 Forecast Trend (2025-2034)
6.2 Fruit
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 Vanilla
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.4 Others
7 Mexico Ice Cream Market by Source
7.1 Dairy-based Ice Creams
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Vegan Ice Creams
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Mexico Ice Cream Market by Category
8.1 Impulse Ice Cream
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Take-Home Ice Cream
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Artisanal Ice Cream
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Mexico Ice Cream Market by Product Type
9.1 Cup
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Stick
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Cone
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Tub
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Brick
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Mexico Ice Cream Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Ice Cream Parlor
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Hotels and Restaurants
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Online
10.5.1 Historical Trend (2018-2024)
10.5.2 Forecast Trend (2025-2034)
10.6 Others
11 Mexico Ice Cream Market by Region
11.1 Baja California
11.2 .1 Historical Trend (2018-2024)
11.2.1 Forecast Trend (2025-2034)
11.3 Northern Mexico
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 The Bajio
11.4.1 Historical Trend (2018-2024 ) )
11.4.2 Forecast Trend (2025-2034)
11.5 Central Mexico
11.5.1 Historical Trend (2018-2024)
11.5.2 Forecast Trend (2025-2034)
11.6 Pacific Coast
11.6.1 Historical Trend (2018-2024)
11.6.2 Forecast Trend (2025-2034)
11.7 Yucatan Peninsula
11.7.1 Historical Trend (2018-2024)
11.7.2 Forecast Trend (2025-2034)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Manufacturing Process
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 Grupo Arcor
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Unilever Plc
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Nestle SA
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Wells Enterprises, Inc
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 MontHelado SA
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Ben & Jerry's Homemade, Inc.
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 General Mills, Inc.
15.5.7.1 Company Overview
15.5.7.2 Product Portfolio
15.5.7.3 Demographic Reach and Achievements
15.5.7.4 Certifications
15.5.8 Grido Ice Cream Factory
15.5.8.1 Company Overview
15.5.8.2 Product Portfolio
15.5.8.3 Demographic Reach and Achievements
15.5.8.4 Certifications
15.5.9 Colombina SA.
15.5.9.1 Company Overview
15.5.9.2 Product Portfolio
15.5.9.3 Demographic Reach and Achievements
15.5.9.4 Certifications
15.5.10 Sorvetes Jundia Industria e Comercio LTDA
15.5.10.1 Company Overview
15.5.10.2 Product Portfolio
15.5.10.3 Demographic Reach and Achievements
15.5.10.4 Certifications
15.5.11 Others
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