Mexico Bakery Product Market Size & Outlook, 2019-2025
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Mexico bakery product market highlights
- The Mexico bakery product market generated a revenue of USD 5,410.0 million in 2019 and is expected to reach USD 6,129.4 million by 2025.
- The Mexico market is expected to grow at a CAGR of 2.1% from 2020 to 2025.
- In terms of segment, cakes & pastries was the largest revenue generating product in 2019.
- Cakes & Pastries is the most lucrative product segment registering the fastest growth during the forecast period.
Bakery product market data book summary
| Market revenue in 2019 | USD 5,410.0 million |
| Market revenue in 2025 | USD 6,129.4 million |
| Growth rate | 2.1% (CAGR from 2019 to 2025) |
| Largest segment | Cakes & pastries |
| Fastest growing segment | Cakes & Pastries |
| Historical data | 2018 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bread & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels |
| Key market players worldwide | The Kraft Heinz Co, Nestle SA, Grupo Bimbo SAB de CV ADR, Britannia Industries, General Mills Inc, Associated British Foods PLC, Campbell Soup Co |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.6% of the global bakery product market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In North America, U.S. bakery product market is projected to lead the regional market in terms of revenue in 2025.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 38,734.1 million by 2025.
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Bakery Product Market Scope
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Britannia Industries | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | http://britannia.co.in/ |
| Grupo Bimbo SAB de CV ADR | View profile | 148868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | http://www.grupobimbo.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Campbell Soup Co | View profile | 14500 | 1 Campbell Place, Camden, NJ, United States, 08103-1799 | https://www.campbellsoupcompany.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Mexico bakery product market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bakery product market will help companies and investors design strategic landscapes.
Cakes & pastries was the largest segment with a revenue share of 26.33% in 2019. Horizon Databook has segmented the Mexico bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico bakery product market databook
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Our clientele includes a mix of bakery product market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico bakery product market, including forecasts for subscribers. This country databook contains high-level insights into Mexico bakery product market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
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Mexico bakery product market size, by product, 2018-2025 (US$M)
Mexico Bakery Product Market Share, 2019 & 2025 (US$M)
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