Product Code: ETC217983 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Mexico Canned Food market currently, in 2023, has witnessed an HHI of 8100, Which has increased slightly as compared to the HHI of 5080 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Mexico`s canned food market is expanding as consumers seek convenient, long-lasting, and easy-to-prepare meal options. The market includes a wide range of products such as meats, fruits, vegetables, and ready-to-eat meals. The rising demand for non-perishable food items and the trend towards convenience are key drivers.
The Mexico Canned Food market is witnessing steady growth driven by several key factors. One of the primary drivers is the convenience and longer shelf life offered by canned food products, making them a preferred choice for consumers in Mexico. Canned foods provide a convenient and reliable source of nutrition, especially in regions where access to fresh produce may be limited. Additionally, the growing trend of stockpiling and emergency preparedness is fueling market growth as consumers prioritize shelf-stable food items. Furthermore, the expanding retail distribution channels and the availability of a wide range of canned food options are driving market expansion in Mexico.
The canned food market in Mexico encounters obstacles associated with packaging innovations and consumer perceptions. While canned food products offer convenience and longer shelf life, consumer preferences for fresh and minimally processed foods may impact demand for canned products. Moreover, addressing concerns about BPA (bisphenol A) lining in cans and exploring alternative packaging materials poses challenges for manufacturers. Additionally, adapting to changing dietary trends and cultural preferences presents marketing and product development challenges for canned food brands operating in Mexico.
The Mexican government regulates the canned food market to ensure product safety, quality, and consumer confidence in canned food products. Policies focus on enforcing food safety and hygiene standards in food processing facilities, conducting inspections and testing to monitor compliance with regulatory requirements, and implementing labeling regulations to inform consumers about product ingredients, nutritional content, and usage instructions. Additionally, efforts are made to promote consumer awareness about the benefits of canned food as a convenient and nutritious food option and to support the growth of the canned food industry through incentives for investment in manufacturing infrastructure and technology.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Canned Food Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Canned Food Market Revenues & Volume, 2021 & 2028F |
3.3 Mexico Canned Food Market - Industry Life Cycle |
3.4 Mexico Canned Food Market - Porter's Five Forces |
3.5 Mexico Canned Food Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Mexico Canned Food Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Mexico Canned Food Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Mexico Canned Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Canned Food Market Trends |
6 Mexico Canned Food Market, By Types |
6.1 Mexico Canned Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Canned Food Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Mexico Canned Food Market Revenues & Volume, By Canned meat & seafood, 2018 - 2028F |
6.1.4 Mexico Canned Food Market Revenues & Volume, By Canned fruit & vegetables, 2018 - 2028F |
6.1.5 Mexico Canned Food Market Revenues & Volume, By Canned ready meals, 2018 - 2028F |
6.1.6 Mexico Canned Food Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 Mexico Canned Food Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Canned Food Market Revenues & Volume, By Organic, 2018 - 2028F |
6.2.3 Mexico Canned Food Market Revenues & Volume, By Conventional, 2018 - 2028F |
6.3 Mexico Canned Food Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Mexico Canned Food Market Revenues & Volume, By Supermarket/Hypermarket, 2018 - 2028F |
6.3.3 Mexico Canned Food Market Revenues & Volume, By Convenience stores, 2018 - 2028F |
6.3.4 Mexico Canned Food Market Revenues & Volume, By E-commerce, 2018 - 2028F |
6.3.5 Mexico Canned Food Market Revenues & Volume, By Others, 2018 - 2028F |
7 Mexico Canned Food Market Import-Export Trade Statistics |
7.1 Mexico Canned Food Market Export to Major Countries |
7.2 Mexico Canned Food Market Imports from Major Countries |
8 Mexico Canned Food Market Key Performance Indicators |
9 Mexico Canned Food Market - Opportunity Assessment |
9.1 Mexico Canned Food Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Mexico Canned Food Market Opportunity Assessment, By Type, 2021 & 2028F |
9.3 Mexico Canned Food Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 Mexico Canned Food Market - Competitive Landscape |
10.1 Mexico Canned Food Market Revenue Share, By Companies, 2021 |
10.2 Mexico Canned Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |