Mexico Vegan Dips Market Size & Outlook, 2023-2030

The vegan dips market in Mexico is expected to reach a projected revenue of US$ 9.1 million by 2030. A compound annual growth rate of 8.4% is expected of Mexico vegan dips market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.2
Forecast, 2030 (US$M)
$9.1
CAGR, 2024 - 2030
8.3%
Report Coverage
Mexico

Mexico vegan dips market highlights

  • The Mexico vegan dips market generated a revenue of USD 5.2 million in 2023 and is expected to reach USD 9.1 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
  • In terms of segment, salsa was the largest revenue generating type in 2023.
  • Hummus is the most lucrative type segment registering the fastest growth during the forecast period.


Vegan dips market data book summary

Market revenue in 2023USD 5.2 million
Market revenue in 2030USD 9.1 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentSalsa
Fastest growing segmentHummus
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHummus, Salsa, Guacamole, Spinach and Artichoke Dip, Baba Ganoush
Key market players worldwideThe Kraft Heinz Co, The Simply Good Foods Co, Galaxy Digital Holdings Ltd, Otsuka Pharmaceutical, PepsiCo Inc, Kite Hill, Wingreens Farms, Sabra Dipping Company, LLC, Bolthouse Farms, Siete Family Foods


Other key industry trends

  • In terms of revenue, Mexico accounted for 4.2% of the global vegan dips 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. vegan dips 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 15.3 million by 2030.

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Vegan Dips Market Companies

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Mexico vegan dips 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 vegan dips market will help companies and investors design strategic landscapes.


Salsa was the largest segment with a revenue share of 25% in 2023. Horizon Databook has segmented the Mexico vegan dips market based on hummus, salsa, guacamole, spinach and artichoke dip, baba ganoush covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico vegan dips market databook

  • Our clientele includes a mix of vegan dips 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 vegan dips market , including forecasts for subscribers. This country databook contains high-level insights into Mexico vegan dips market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico vegan dips market size, by type, 2018-2030 (US$M)

Mexico Vegan Dips Market Outlook Share, 2023 & 2030 (US$M)

Mexico vegan dips market size, by type, 2018-2030 (US$M)

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