The latest analysis predicts ice cream market in Mexico will grow from USD 887 million in 2023 to USD 1,339 million by 2029, achieving a CAGR of 7.1 percent, according to the latest edition of the Ice Cream Market in Mexico Report. Higher per capita income has resulted in increased consumer spending on luxury items such as ice cream. Economic stability fosters greater discretionary spending. Furthermore, ice cream brands have greatly boosted product visibility and consumer interest through proactive marketing and promotional strategies. Leading brands invest heavily in marketing activities, including digital marketing, collaborations with influencers, and community engagement, particularly appealing to younger consumers.
The report delivers an in-depth analysis of the Mexico ice cream industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like type, product type, ingredient, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the ice cream market.
Market Segmentation
The following outlines the segmentation of the ice cream market in Mexico:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others
The Mexico ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. Based on type, the ice cream market in Mexico is categorized into dairy ice cream, water ice cream, and others (plant based ice cream). On the basis of product type, the ice cream market in Mexico has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. By ingredient, the ice cream market in Mexico has been segmented into fats and oils, milk, sweeteners, and others. Based upon distribution channel, the ice cream market in Mexico is also categorized into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
Competitive Landscape
The Mexico ice cream market is highly competitive. Some of the leading companies operating in the market are Unilever PLC, The Coca-Cola Company, Quala S.A., Nestle S.A., Grupo Herdez S.A.B. de C.V., Grupo Bimbo S.A.B. de C.V., General Mills Inc., Blue Bell Creameries Inc.
This report delivers an in-depth breakdown of key players within the Mexico ice cream market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Mexico ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Mexico ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Mexico ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewMexico ice cream market – type analysis
Mexico ice cream market – product type analysis
Mexico ice cream market – ingredient analysis
Mexico ice cream market – distribution channel analysis
Key players and market share
– Unilever PLC
– The Coca-Cola Company
– Quala S.A.
– Nestle S.A.
– Grupo Herdez, S.A.B. de C.V.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Mexico ice cream market 2019-2029
Chart Mexico ice cream market, net growth, 2019-2029
Chart Mexico ice cream market, growth rates, 2019-2029
Table Mexico ice cream market by type, 2019-2029
Chart Mexico ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Mexico ice cream market by type, 2019-2029
Table Mexico ice cream market by product type, 2019-2029
Chart Mexico ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Mexico ice cream market by product type, 2019-2029
Table Mexico ice cream market by ingredient, 2019-2029
Chart Mexico ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Mexico ice cream market by ingredient, 2019-2029
Table Mexico ice cream market by distribution channel, 2019-2029
Chart Mexico ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Mexico ice cream market by distribution channel, 2019-2029
Table Mexico ice cream market share (%), by companies, 2019-2023
Chart Mexico ice cream market, by companies, 2023
Table Mexico ice cream market share (%), by brands, 2019-2023
Chart Mexico ice cream 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 ice cream market: spend as a proportion of GDP (%)
Table Mexico ice cream market: consumption per capita (population)