Mexico Intelligent Vending Machines Market Size & Outlook
The intelligent vending machines market in Mexico is expected to reach a projected revenue of US$ 2,049.0 million by 2030. A compound annual growth rate of 12.3% is expected of Mexico intelligent vending machines market from 2023 to 2030.
Revenue, 2022 (US$M)
$810.1
Forecast, 2030 (US$M)
$2,049.0
CAGR, 2023 - 2030
12.3%
Report Coverage
Mexico
Mexico intelligent vending machines market, 2018-2030 (US$M)
Related Markets
Mexico intelligent vending machines market highlights
- The Mexico intelligent vending machines market generated a revenue of USD 810.1 million in 2022 and is expected to reach USD 2,049.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.3% from 2023 to 2030.
- In terms of segment, food (food, candy, icream & frozen) was the largest revenue generating product category in 2022.
- Snacks is the most lucrative product category segment registering the fastest growth during the forecast period.
Intelligent vending machines market data book summary
| Market revenue in 2022 | USD 810.1 million |
| Market revenue in 2030 | USD 2,049.0 million |
| Growth rate | 12.3% (CAGR from 2022 to 2030) |
| Largest segment | Food (food, candy, icream & frozen) |
| Fastest growing segment | Snacks |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beverages (Cold & Hot), Snacks, Food (Food, Candy, Icream & Frozen), Confections |
| Key market players worldwide | Crane Co, Seagate Technology Holdings PLC, Sanden Corp, Royal Vendors, Advantech, Azkoyen, Fas International, Bianchi Vending, Rheavendors Servomat, N&W Global Vending S.p.A., Westomatic, Jofemar SA |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.9% of the global intelligent vending machines market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil intelligent vending machines market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,049.0 million by 2030.
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Intelligent Vending Machines Market Scope
Intelligent vending machines market segmentation & scope
Others
Intelligent Vending Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico intelligent vending machines 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 intelligent vending machines market will help companies and investors design strategic landscapes.
Food (food, candy, icream & frozen) was the largest segment with a revenue share of 34.79% in 2022. Horizon Databook has segmented the Mexico intelligent vending machines market based on beverages (cold & hot), snacks, food (food, candy, icream & frozen), confections covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico Intelligent Vending Machines Product Category Outlook (Revenue, USD Million, 2018-2030)
- Beverages (Cold & Hot)
- Snacks
- Food (Food, Candy, Icream & Frozen)
- Confections
- Others
- Mexico Intelligent Vending Machines Application Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing
- Offices
- Commercial Malls & Retail Stores
- Educational institutes
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico intelligent vending machines market , including forecasts for subscribers. This country databook contains high-level insights into Mexico intelligent vending machines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico intelligent vending machines market size, by product category, 2018-2030 (US$M)
Mexico Intelligent Vending Machines Market Outlook Share, 2022 & 2030 (US$M)
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