Mexican Food Market 2024-2028
The mexican food market is forecasted to grow by USD 104.8 bn during 2023-2028, accelerating at a CAGR of 6.2% during the forecast period. The report on the mexican food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for convenience foods, growing demand for mexican food, and increasing investment by international players.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.7% |
CAGR | 6.2% |
Incremental Value | $104.8 bn |
Technavio's mexican food market is segmented as below:
By Type
- Tortillas
- Tacos
- Burritos
- Enchiladas
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing popularity of food ordering through online portals and mobile apps as one of the prime reasons driving the mexican food market growth during the next few years. Also, rising prominence of social media and celebrity influencers and growing emphasis on sustainable production practices will lead to sizable demand in the market.
The report on the mexican food market covers the following areas:
- Mexican Food Market sizing
- Mexican Food Market forecast
- Mexican Food Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mexican food market vendors that include B and G Foods Inc., Campbell Soup Co., Chick fil A Inc., Chipotle Mexican Grill Inc., Churromania, Conagra Brands Inc., Concha y Toro, Corporativo Bimbo SA de CV, Del Taco Restaurants, Inc., El Meson Sandwiches, Food Concepts International, Gruma SAB de CV, Juanitas Foods, La Preferida Inc., MTY Food Group Inc., OTB Acquisition LLC, Pappas Restaurants Inc., Patron Mexican Bar and Grill, PepsiCo Inc., and YUM Brands Inc.. Also, the mexican food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Mexican Food Market 2018 - 2022
- Historic Market Size - Data Table on Global Mexican Food Market 2018 - 2022 ($ billion)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Tortillas - Market size and forecast 2023-2028
- Chart on Tortillas - Market size and forecast 2023-2028 ($ billion)
- Data Table on Tortillas - Market size and forecast 2023-2028 ($ billion)
- Chart on Tortillas - Year-over-year growth 2023-2028 (%)
- Data Table on Tortillas - Year-over-year growth 2023-2028 (%)
- 6.4 Tacos - Market size and forecast 2023-2028
- Chart on Tacos - Market size and forecast 2023-2028 ($ billion)
- Data Table on Tacos - Market size and forecast 2023-2028 ($ billion)
- Chart on Tacos - Year-over-year growth 2023-2028 (%)
- Data Table on Tacos - Year-over-year growth 2023-2028 (%)
- 6.5 Burritos - Market size and forecast 2023-2028
- Chart on Burritos - Market size and forecast 2023-2028 ($ billion)
- Data Table on Burritos - Market size and forecast 2023-2028 ($ billion)
- Chart on Burritos - Year-over-year growth 2023-2028 (%)
- Data Table on Burritos - Year-over-year growth 2023-2028 (%)
- 6.6 Enchiladas - Market size and forecast 2023-2028
- Chart on Enchiladas - Market size and forecast 2023-2028 ($ billion)
- Data Table on Enchiladas - Market size and forecast 2023-2028 ($ billion)
- Chart on Enchiladas - Year-over-year growth 2023-2028 (%)
- Data Table on Enchiladas - Year-over-year growth 2023-2028 (%)
- 6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.8 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.9 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 8.10 Norway - Market size and forecast 2023-2028
- Chart on Norway - Market size and forecast 2023-2028 ($ billion)
- Data Table on Norway - Market size and forecast 2023-2028 ($ billion)
- Chart on Norway - Year-over-year growth 2023-2028 (%)
- Data Table on Norway - Year-over-year growth 2023-2028 (%)
- 8.11 Finland - Market size and forecast 2023-2028
- Chart on Finland - Market size and forecast 2023-2028 ($ billion)
- Data Table on Finland - Market size and forecast 2023-2028 ($ billion)
- Chart on Finland - Year-over-year growth 2023-2028 (%)
- Data Table on Finland - Year-over-year growth 2023-2028 (%)
- 8.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
11 Competitive Analysis
- 11.1 Companies profiled
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 B and G Foods Inc.
- B and G Foods Inc. - Overview
- B and G Foods Inc. - Product / Service
- B and G Foods Inc. - Key offerings
- 11.4 Campbell Soup Co.
- Campbell Soup Co. - Overview
- Campbell Soup Co. - Business segments
- Campbell Soup Co. - Key news
- Campbell Soup Co. - Key offerings
- Campbell Soup Co. - Segment focus
- 11.5 Chick fil A Inc.
- Chick fil A Inc. - Overview
- Chick fil A Inc. - Product / Service
- Chick fil A Inc. - Key offerings
- 11.6 Chipotle Mexican Grill Inc.
- Chipotle Mexican Grill Inc. - Overview
- Chipotle Mexican Grill Inc. - Product / Service
- Chipotle Mexican Grill Inc. - Key offerings
- 11.7 Churromania
- Churromania - Overview
- Churromania - Product / Service
- Churromania - Key offerings
- 11.8 Conagra Brands Inc.
- Conagra Brands Inc. - Overview
- Conagra Brands Inc. - Business segments
- Conagra Brands Inc. - Key news
- Conagra Brands Inc. - Key offerings
- Conagra Brands Inc. - Segment focus
- 11.9 Corporativo Bimbo SA de CV
- Corporativo Bimbo SA de CV - Overview
- Corporativo Bimbo SA de CV - Business segments
- Corporativo Bimbo SA de CV - Key news
- Corporativo Bimbo SA de CV - Key offerings
- Corporativo Bimbo SA de CV - Segment focus
- 11.10 Del Taco Restaurants, Inc.
- Del Taco Restaurants, Inc. - Overview
- Del Taco Restaurants, Inc. - Product / Service
- Del Taco Restaurants, Inc. - Key offerings
- 11.11 El Meson Sandwiches
- El Meson Sandwiches - Overview
- El Meson Sandwiches - Product / Service
- El Meson Sandwiches - Key offerings
- 11.12 Food Concepts International
- Food Concepts International - Overview
- Food Concepts International - Product / Service
- Food Concepts International - Key offerings
- 11.13 Gruma SAB de CV
- Gruma SAB de CV - Overview
- Gruma SAB de CV - Business segments
- Gruma SAB de CV - Key offerings
- Gruma SAB de CV - Segment focus
- 11.14 MTY Food Group Inc.
- MTY Food Group Inc. - Overview
- MTY Food Group Inc. - Business segments
- MTY Food Group Inc. - Key offerings
- MTY Food Group Inc. - Segment focus
- 11.15 Pappas Restaurants Inc.
- Pappas Restaurants Inc. - Overview
- Pappas Restaurants Inc. - Product / Service
- Pappas Restaurants Inc. - Key offerings
- 11.16 PepsiCo Inc.
- PepsiCo Inc. - Overview
- PepsiCo Inc. - Business segments
- PepsiCo Inc. - Key news
- PepsiCo Inc. - Key offerings
- PepsiCo Inc. - Segment focus
- 11.17 YUM Brands Inc.
- YUM Brands Inc. - Overview
- YUM Brands Inc. - Business segments
- YUM Brands Inc. - Key offerings
- YUM Brands Inc. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- 12.5 Data procurement
- 12.6 Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- 12.9 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations