Mexico Chocolate Market Size & Outlook, 2025-2033

The chocolate market in Mexico is expected to reach a projected revenue of US$ 403.0 million by 2033. A compound annual growth rate of 1.1% is expected of Mexico chocolate market from 2025 to 2033.
Revenue, 2024 (US$M)
$370.1
Forecast, 2033 (US$M)
$403.0
CAGR, 2025 - 2033
1.1%
Report Coverage
Mexico

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Mexico chocolate market, 2021-2033 (US$M)

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Mexico chocolate market highlights

  • The Mexico chocolate market generated a revenue of USD 370.1 million in 2024 and is expected to reach USD 403.0 million by 2033.
  • The Mexico market is expected to grow at a CAGR of 1.1% from 2025 to 2033.
  • In terms of segment, traditional was the largest revenue generating product in 2024.
  • Artificial is the most lucrative product segment registering the fastest growth during the forecast period.


Chocolate market data book summary

Market revenue in 2024USD 370.1 million
Market revenue in 2033USD 403.0 million
Growth rate1.1% (CAGR from 2025 to 2033)
Largest segmentTraditional
Fastest growing segmentArtificial
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationArtificial, Traditional
Key market players worldwideBarry Callebaut AG, Chocoladefabriken Lindt & Spruengli AG, Mondelez International Inc Class A, Nestle SA, The Hershey Co, Ferrero, Mars Group Holdings Corp, Meiji Holdings Co Ltd, Arcor, The Australian Carob Company


Other key industry trends

  • In terms of revenue, Mexico accounted for 0.3% of the global chocolate market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. chocolate market is projected to lead the regional market in terms of revenue in 2033.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,396.3 million by 2033.

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Chocolate Market Companies

Name Profile # Employees HQ Website
Arcor View profile 1001-5000 Buenos Aires, Distrito Federal, Argentina, South America http://www.arcor.com
The Australian Carob Company View profile 51-100 Booborowie, South Australia, Australia, Oceania https://www.australiancarobs.com
Ferrero View profile 10001+ Luxembourg, Luxembourg, Luxembourg, Europe https://www.ferrero.com
The Hershey Co View profile 20505 19 East Chocolate Avenue, Hershey, PA, United States, 17033 https://www.thehersheycompany.com
Chocoladefabriken Lindt & Spruengli AG View profile 14746 Seestrasse 204, Kilchberg, Switzerland, CH-8802 https://www.lindt-spruengli.com
Mars Group Holdings Corp View profile 755 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-0022 http://www.mars-ghd.co.jp
Mondelez International Inc Class A View profile 91000 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 https://www.mondelezinternational.com
Barry Callebaut AG View profile 13615 Hardturmstrasse 181, Zurich, Switzerland, 8005 https://www.barry-callebaut.com
Meiji Holdings Co Ltd View profile 24532 4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan, 104-0031 http://www.meiji.com
Nestle SA View profile 270000 Avenue Nestle 55, Vevey, Switzerland, CH-1800 https://www.nestle.com

Mexico chocolate 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 chocolate market will help companies and investors design strategic landscapes.


Traditional was the largest segment with a revenue share of 99.51% in 2024. Horizon Databook has segmented the Mexico chocolate market based on artificial, traditional covering the revenue growth of each sub-segment from 2021 to 2033.


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Target buyers of Mexico chocolate market databook

  • Our clientele includes a mix of chocolate market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico chocolate market , including forecasts for subscribers. This country databook contains high-level insights into Mexico chocolate market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Mexico chocolate market size, by product, 2021-2033 (US$M)

Mexico Chocolate Market Outlook Share, 2024 & 2033 (US$M)

Mexico chocolate market size, by product, 2021-2033 (US$M)

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