Mexico Plant Based Meat Market Size & Outlook, 2023-2030

The plant based meat market in Mexico is expected to reach a projected revenue of US$ 656.6 million by 2030. A compound annual growth rate of 18.9% is expected of Mexico plant based meat market from 2024 to 2030.
Revenue, 2023 (US$M)
$195.7
Forecast, 2030 (US$M)
$656.6
CAGR, 2024 - 2030
18.9%
Report Coverage
Mexico

Mexico plant based meat market highlights

  • The Mexico plant based meat market generated a revenue of USD 195.7 million in 2023 and is expected to reach USD 656.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 18.9% from 2024 to 2030.
  • In terms of segment, soy was the largest revenue generating source in 2023.
  • Pea is the most lucrative source segment registering the fastest growth during the forecast period.

Plant based meat market data book summary

Market revenue in 2023USD 195.7 million
Market revenue in 2030USD 656.6 million
Growth rate18.9% (CAGR from 2023 to 2030)
Largest segmentSoy
Fastest growing segmentPea
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoy, Pea, Wheat
Key market players worldwideBeyond Meat Inc, Maple Leaf Foods Inc, Unilever PLC, WK Kellogg Co, The Kraft Heinz Co, The Hain Celestial Group Inc

Other key industry trends

  • In terms of revenue, Mexico accounted for 2.7% of the global plant based meat 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. plant based meat market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 2,099.9 million by 2030.

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Plant Based Meat Market Companies

Name Profile # Employees HQ Website

Mexico plant based meat 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 plant based meat market will help companies and investors design strategic landscapes.


Soy was the largest segment with a revenue share of 43.38% in 2023. Horizon Databook has segmented the Mexico plant based meat market based on soy, pea, wheat covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Plant Based Meat Source Outlook (Revenue, USD Million, 2018-2030)
    • Soy
    • Pea
    • Wheat
    • Others
  • Mexico Plant Based Meat Product Outlook (Revenue, USD Million, 2018-2030)
    • Burgers
    • Sausages
    • Patties
    • Nuggets, Tenders & Cutlets
    • Grounds
    • Others
  • Mexico Plant Based Meat Type Outlook (Revenue, USD Million, 2018-2030)
    • Chicken
    • Pork
    • Beef
    • Fish
    • Others
  • Mexico Plant Based Meat End-user Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • HORECA (Hotel/Restaurant/Café)
  • Mexico Plant Based Meat Storage Outlook (Revenue, USD Million, 2018-2030)
    • Refrigerated Plant-based Meat
    • Frozen Plant-based Meat
    • Shelf-stable Plant-based Meat

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  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of Mexico plant based meat market databook

  • Our clientele includes a mix of plant based meat market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 plant based meat market , including forecasts for subscribers. This country databook contains high-level insights into Mexico plant based meat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico plant based meat market size, by source, 2018-2030 (US$M)

Mexico Plant Based Meat Market Outlook Share, 2023 & 2030 (US$M)

Mexico plant based meat market size, by source, 2018-2030 (US$M)

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