Ice Cream in Mexico
Summary
Ice Cream in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The ice cream market consists of artisanal ice cream (both dairy and water-based), impulse ice cream (includes single-serve ice cream tubs, packaged cones ice cream sandwiches, and chocolate-coated ice creams) and take-home ice cream (includes multiple-serving ice cream tubs and, ice-cream cakes). The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Mexican Ice Cream market had total revenues of $780.5 million in 2023, representing a compound annual growth rate (CAGR) of 7.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.5% between 2018 and 2023, to reach a total of 107.6 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 7.0% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $1,094.0 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the ice cream market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the ice cream market in Mexico
- Leading company profiles reveal details of key ice cream market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico ice cream market with five year forecasts
- What was the size of the Mexico ice cream market by value in 2023?
- What will be the size of the Mexico ice cream market in 2028?
- What factors are affecting the strength of competition in the Mexico ice cream market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's ice cream market?
- 1. Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2. Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3. Market Data
- 3.1. Market value
- 3.2. Market volume
- 4. Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5. Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6. Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7. Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Mexican ice cream market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. What are the most popular brands in the Mexican ice cream market?
- 8. Company Profiles
- 8.1. Unilever Plc.
- 8.2. Grupo Herdez SA de CV
- 8.3. General Mills Inc
- 8.4. Grupo Nutresa SA
- 9. Macroeconomic Indicators
- 9.1. Country data
- 10. Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico ice cream market value: $ million, 2018-23
- Table 2: Mexico ice cream market volume: million kilograms, 2018-23
- Table 3: Mexico ice cream market category segmentation: % share, by value, 2018-23
- Table 4: Mexico ice cream market category segmentation: $ million, 2018-23
- Table 5: Mexico ice cream market geography segmentation: $ million, 2023
- Table 6: Mexico ice cream market distribution: % share, by value, 2023
- Table 7: Mexico ice cream market value forecast: $ million, 2023-28
- Table 8: Mexico ice cream market volume forecast: million kilograms, 2023-28
- Table 9: Mexico ice cream market share: % share, by value, 2023
- Table 10: Unilever Plc.: Key Facts
- Table 11: Unilever Plc.: Annual Financial Ratios
- Table 12: Unilever Plc.: Key Employees
- Table 13: Grupo Herdez SA de CV: Key Facts
- Table 14: Grupo Herdez SA de CV: Annual Financial Ratios
- Table 15: Grupo Herdez SA de CV: Key Employees
- Table 16: General Mills Inc: Key Facts
- Table 17: General Mills Inc: Annual Financial Ratios
- Table 18: General Mills Inc: Key Employees
- Table 19: Grupo Nutresa SA: Key Facts
- Table 20: Grupo Nutresa SA: Annual Financial Ratios
- Table 21: Grupo Nutresa SA: Key Employees
- Table 22: Mexico Size of Population (Million), 2019-23
- Table 23: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 24: Mexico GDP (Current Prices, $ Billion), 2019-23
- Table 25: Mexico Inflation, 2019-23
- Table 26: Mexico Consumer Price Index (Absolute), 2019-23
- Table 27: Mexico Exchange Rate, 2018-23
- List of Figures
- Figure 1: Mexico ice cream market value: $ million, 2018-23
- Figure 2: Mexico ice cream market volume: million kilograms, 2018-23
- Figure 3: Mexico ice cream market category segmentation: $ million, 2018-23
- Figure 4: Mexico ice cream market geography segmentation: % share, by value, 2023
- Figure 5: Mexico ice cream market distribution: % share, by value, 2023
- Figure 6: Mexico ice cream market value forecast: $ million, 2023-28
- Figure 7: Mexico ice cream market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the ice cream market in Mexico, 2023
- Figure 9: Drivers of buyer power in the ice cream market in Mexico, 2023
- Figure 10: Drivers of supplier power in the ice cream market in Mexico, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the ice cream market in Mexico, 2023
- Figure 12: Factors influencing the threat of substitutes in the ice cream market in Mexico, 2023
- Figure 13: Drivers of degree of rivalry in the ice cream market in Mexico, 2023
- Figure 14: Mexico ice cream market share: % share, by value, 2023
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