Anticipated trends indicate that the Mexico chocolate confectionery market will achieve incremental growth of USD 1.3 billion, translating to a compound annual growth rate (CAGR) of around 8% during the forecast period of 2024 to 2029. Mexico’s chocolate confectionery market is thriving due to rising incomes and a growing middle class with an increasing affinity for premium and imported chocolate products. The country’s rich chocolate history, combined with a preference for high-quality products, supports the demand for premium chocolates, particularly dark and organic varieties. Gifting chocolates during holidays such as Christmas, Valentine’s Day, and Día de los Muertos also plays a significant role in driving seasonal sales.
The report offers a comprehensive evaluation of the Mexico chocolate confectionery 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, type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the chocolate confectionery industry.
Market Segmentation
The Mexico chocolate confectionery market is classified into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, vending, e-commerce, others
The segmentation of the Mexico chocolate confectionery market product type, type and distribution channel. By product type, the market includes boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type segments encompass regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, vending, e-commerce, and others.
Competitive Landscape
Key players in the chocolate confectionery market consist of Wong’s S.A. de C.V., The Hershey Company, Nestle S.A., Montes y Cia. S.A. de C.V., Mondelez International Inc., Mars Incorporated, Luigi Zaini S.p.A., La Suiza S.A. de C.V., Grupo Arcor S.A., Ferrero International S.A., Dulces y Chocolates de la Rosa S.A. de C.V. and Chocoladefabriken Lindt & Sprungli AG.
This analysis offers a comprehensive overview of the main players in the chocolate confectionery market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
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Obtain precise statistical data and forecasts for the Mexico chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Mexico chocolate confectionery market: product type, type and distribution channel.
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Gain deep insights into the dynamics of the Mexico chocolate confectionery market.
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Anticipate the future trajectory of the Mexico chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Mexico Chocolate Confectionery Market – Product Type Analysis
Mexico Chocolate Confectionery Market – Type Analysis
Mexico Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Wong’s, S.A. de C.V.
– The Hershey Company
– Nestle S.A.
– Montes y Cia., S.A. de C.V.
– Mondelez International Inc.
– Mars, Incorporated
– Luigi Zaini S.p.A.
– La Suiza, S.A. de C.V.
– Grupo Arcor S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Mexico Chocolate Confectionery Market 2019-2029
Chart Mexico Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Mexico Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Mexico Chocolate Confectionery Market by Product Type, 2019-2029
Chart Mexico Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Chocolate Confectionery Market by Product Type, 2019-2029
Table Mexico Chocolate Confectionery Market by Type, 2019-2029
Chart Mexico Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Chocolate Confectionery Market by Type, 2019-2029
Table Mexico Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Mexico Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Mexico Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Mexico Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Mexico Chocolate Confectionery Market, by Companies, 2023
Table Mexico Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Mexico Chocolate Confectionery 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 Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Mexico Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Wong’s, S.A. de C.V.
The Hershey Company
Nestle S.A.
Montes y Cia., S.A. de C.V.
Mondelez International Inc.
Mars, Incorporated
Luigi Zaini S.p.A.
La Suiza, S.A. de C.V.
Grupo Arcor S.A.
Ferrero International S.A.
Dulces y Chocolates de la Rosa S.A. de C.V.
Chocoladefabriken Lindt & Sprungli AG