Mexico

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    Alcoholic Drinks

    Mexico Beer Market 2024

    The Mexico beer market is anticipated to witness significant growth, with an expected uptick of USD 18.6 billion, equating to a compound annual growth rate (CAGR) of about 6.8% in the coming years. Mexico remains one of the largest beer markets in Latin America, with a robust beer-drinking culture and an increasing preference for premiu…

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    Beverages

    Mexico Tea Market 2024

    Forecasts highlight a favorable growth outlook for the Mexico tea market, with a projected increase of USD 109.9 million and a compound annual growth rate (CAGR) close to 8.5% through 2029. Mexico’s tea market growth is fueled by increasing interest in health-centric beverages, with green and herbal teas gaining popularity. A robust café culture suppor…

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    Personal Care Products

    Mexico Perfume Market 2024

    A rapid growth trajectory is forecasted for the Mexico perfume market, with incremental gains of USD 2.2 billion and a compound annual growth rate (CAGR) nearing 11.4% over the next five years. Mexico’s perfume market is thriving, fueled by an expanding middle class and increased urbanization. Rising disposable incomes, particularly in major cities like Mexico…

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    Beverages

    Mexico Carbonated Soft Drinks Market 2024

    Insights reveal that the Mexico carbonated soft drinks market is set for a healthy expansion, with an anticipated growth of USD 13.9 billion, corresponding to a compound annual growth rate (CAGR) of nearly 6.4% from 2024 to 2029. Mexico’s carbonated soft drinks market remains one of the largest in Latin America, driven by high consum…

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    Dairy Products

    Mexico Ice Cream Market 2024

    The Mexico ice cream sector is poised for a dynamic growth phase, anticipating an increase of USD 1.3 billion and a compound annual growth rate (CAGR) of approximately 7.1% from 2024 to 2029. Mexico’s ice cream market is driven by a blend of traditional preferences and a rising demand for innovative products. A hot climat…

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    Tissue and Hygiene

    Mexico Baby Diapers Market 2024

    Expected growth in the Mexico baby diapers market is projected at USD 0.1 billion, reflecting a compound annual growth rate (CAGR) of approximately 0.7% during the upcoming 2024 to 2029 period. In Mexico, the baby diapers market is seeing robust growth due to rising disposable incomes and an increase in the number of dual-income househ…

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    Beverages

    Mexico Energy Drinks Market 2024

    The Mexico energy drinks market is poised for moderate growth, projected to increase from USD 2,276.7 million in 2023 to USD 3,714.4 million by 2029, achieving a CAGR of 8.5% during the forecast period. Mexico’s energy drinks market is characterized by a youthful consumer base actively seeking convenient energy solutions. The increasing popularity of fitnes…

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    Beverages

    Mexico Bottled Water Market 2024

    Projections for the Mexico bottled water market suggest a promising growth trajectory, with an anticipated rise of USD 8.2 billion and a compound annual growth rate (CAGR) nearing 8.8% over the next five years. Mexico’s bottled water market benefits from concerns over water quality and rising health consciousness. Urbanization and increasing disposable incomes boost demand…

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    Beverages

    Mexico Coffee Market 2024

    Insights reveal that the Mexico coffee market is set for a healthy expansion, with an anticipated growth of USD 3.0 billion, corresponding to a compound annual growth rate (CAGR) of nearly 7.8% from 2024 to 2029. Mexico’s coffee market is marked by its traditional coffee culture and growing interest in specialty offerings. Increasing demand for or…

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    Pet Food and Care

    Mexico Pet Products Market 2024

    The Mexico pet products market is projected to expand from USD 898.6 million in 2023 to USD 1,557.5 million by 2029, achieving a compound annual growth rate (CAGR) of 9.6% during the period from 2024 to 2029. The pet products market in Mexico is expanding as urbanization and a younger, more affluent demographic drive increa…

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