Anticipated trends indicate that the Mexico baby food market will achieve incremental growth of USD 0.9 billion, translating to a compound annual growth rate (CAGR) of around 5.2% during the forecast period of 2024 to 2029. The baby food market is expanding due to increasing consumer awareness about the importance of early childhood nutrition. As more families become health-conscious, the demand for organic, fortified, and preservative-free baby food products is growing. Additionally, the rise in working mothers is driving the need for convenient baby food solutions, particularly ready-to-eat products. The greater availability of baby food products in modern retail outlets and e-commerce platforms is making it easier for parents to access high-quality options.
The report offers a comprehensive evaluation of the Mexico baby food market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, category and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the baby food industry.
Market Segmentation
The Mexico baby food market is classified into the following segments:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), other baby food
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, general merchant stores, health and beauty stores, e-commerce, others
The baby food market in Mexico is segmented based on product type, category and distribution channel. By product type, the market is categorized into dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category segmentation includes conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, general merchant stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
Key players in the baby food market consist of United Pharmaceuticals S.A., The Kraft Heinz Company, Royal FrieslandCampina N.V., Reckitt Benckiser Group plc (RB), Nestle S.A., Lactalis South Africa (Pty) Ltd., Danone S.A. and Abbott Laboratories. This analysis offers a comprehensive overview of the main players in the baby food market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Mexico baby food market.
Gain in-depth analysis and forecasts for the key segments of the Mexico baby food market: product type, category 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 baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Mexico baby food 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 Baby Food Market – Product Type Analysis
Mexico Baby Food Market – Category Analysis
Mexico Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– United Pharmaceuticals S.A.
– The Kraft Heinz Company
– Royal FrieslandCampina N.V.
– Reckitt Benckiser Group plc (RB)
– Nestle S.A.
– Lactalis South Africa (Pty) Ltd.
– Danone S.A.
– Abbott Laboratories
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Mexico Baby Food Market 2019-2029
Chart Mexico Baby Food Market, Net Growth, 2019-2029
Chart Mexico Baby Food Market, Growth Rates, 2019-2029
Table Mexico Baby Food Market by Product Type, 2019-2029
Chart Mexico Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Baby Food Market by Product Type, 2019-2029
Table Mexico Baby Food Market by Category, 2019-2029
Chart Mexico Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Mexico Baby Food Market by Category, 2019-2029
Table Mexico Baby Food Market by Distribution Channel, 2019-2029
Chart Mexico Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Mexico Baby Food Market by Distribution Channel, 2019-2029
Table Mexico Baby Food Market Share (%), by Companies, 2019-2023
Chart Mexico Baby Food Market, by Companies, 2023
Table Mexico Baby Food Market Share (%), by Brands, 2019-2023
Chart Mexico Baby Food 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 Baby Food Market: Spend as a Proportion of GDP (%)
Table Mexico Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
United Pharmaceuticals S.A.
The Kraft Heinz Company
Royal FrieslandCampina N.V.
Reckitt Benckiser Group plc (RB)
Nestle S.A.
Lactalis South Africa (Pty) Ltd.
Danone S.A.
Abbott Laboratories