Mexico Food Preservatives Market Size & Outlook, 2023-2030
Mexico food preservatives market, 2016-2030 (US$M)
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Mexico food preservatives market highlights
- The Mexico food preservatives market generated a revenue of USD 110.6 million in 2023 and is expected to reach USD 156.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating label in 2023.
- Clean Label is the most lucrative label segment registering the fastest growth during the forecast period.
Food preservatives market data book summary
| Market revenue in 2023 | USD 110.6 million |
| Market revenue in 2030 | USD 156.9 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Clean Label |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clean Label, Conventional |
| Key market players worldwide | Cargill, Kemin Industries, Archer-Daniels Midland Co, Tate & Lyle PLC, Koninklijke DSM NV, Basf SE, Celanese Corp Class A, Corbion NV, Kerry Group PLC Class A |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.7% of the global food preservatives market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. food preservatives market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 156.9 million by 2030.
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Food Preservatives Market Scope
Food Preservatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico food preservatives 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 food preservatives market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 59.13% in 2023. Horizon Databook has segmented the Mexico food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
Mexico is one among the top 10 food processors in the world and has a large scope for expansion. The potential of the market depends on the Mexican currency as its value has decreased by approximately 30% since 2014.
Mexico imports a large proportion of processed food from the U.S. Mexican processed food sector is driven by the demand for natural ingredients and organic products.
The country is marked by the presence of established food processing industries such as PepsiCo, Inc.; Nestlé S.A.; Grupo Bimbo; and S.A.B. de C.V. The food preservative market in Mexico is driven by the growing food processing industry.
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Target buyers of Mexico food preservatives market databook
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Our clientele includes a mix of food preservatives 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 food preservatives market , including forecasts for subscribers. This country databook contains high-level insights into Mexico food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico food preservatives market size, by label, 2016-2030 (US$M)
Mexico Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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