Consumer and Market Insights: Bakery and Cereals Market in Mexico
This report brings together consumer insight and market data to provide a comprehensive brief of Mexico’s Bakery and Cereals market. This allows for the rapid identification of key growth opportunities across major Bakery and Cereals categories and their packaging.
Mexico’s Bakery and Cereals market will register moderate growth during 2014-2019. Increasing domestic demand supported by higher disposable income and young population and impetus on health will influence growth in the Bakery and Cereals market.
In 2014, the Bread & Rolls category recorded highest consumption in volume and value terms.
The Breakfast Cereals category is forecast to be the fastest growing category in value terms during 2014-2019.
Gamesa, Marinela,Quaker etc., are the leading brands in the Bakery and Cereals market in Mexico.
Flexible Packaging Bag/Sachet will be the most used container type during 2014–2019.
Economic growth and high proportion of young population is driving the demand for packaged goods in Mexico. Bakery and Cereals market value growth is forecast to be higher than historic growth during 2009-14. Bread & Rolls category accounts for approximately 45% of value share and high growth categories in Bakery and Cereal market include Baking Mixes category followed by Dough Products and Energy Bars.
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This overview of the Bakery and Cereals Market in Mexico allows new entrants and established companies to gain rapid and comprehensive insight into market value and volume, category analysis, brand shares, distribution channel data, and packaging.
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