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Mexico Bread Market Size, Share, Analysis, Forecast: By Type: Artisanal, Industrialised; By Product: Leavened Bread, Flat Bread; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores/Variety Stores, Specialist Retailers, Online; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Mexico Bread Market by Region
Central Mexico accounts for a significant market share due to the presence of the Mexico City metropolitan area, the bakery sector’s preference for flours rich in protein content, and the rising production of crispy and hollow bread types. Mexico City is also home to four key food ordering platforms, namely Uber Eats, Sin Delantal, Rappi, and Didi Food, which drive the demand for fast foods, like burgers.
Baja California is anticipated to grow with the highest CAGR in the coming years due to the presence of key supermarkets, including Walmart, Superama, and Chedruai, selling whole wheat bread in their bakery sections. Fast-food chains in Baja California, including Burros & Fries, Beverly Burger’s, McDonald’s, and In-N-Out Burger, among others, are further fuelling the Mexico bread market expansion.
Mexico Bread Market Report Snapshots
Mexico Bread Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Bread Market Outlook
8.1 Mexico Wheat Historical Production (2018-2022)
8.2 Mexico Wheat Production Forecast (2023-2028)
8.3 Mexico’s Prominent Wheat Producing Regions
8.4 Mexico’s Prominent Corn Producing Regions
9 Mexico Bread Market Analysis
9.1 Key Industry Highlights
9.2 Mexico Bread Historical Market (2018-2022)
9.3 Mexico Bread Market Forecast (2023-2028)
10 Mexico Bread Market by Type
10.1 Artisanal
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Industrialised
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 Mexico Bread Market by Product
11.1 Leavened Bread
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Flat Bread
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
12 Mexico Bread Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Convenience Stores/Variety Stores
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Specialist Retailers
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Online
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
13 Mexico Bread Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 The Bajío
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2022)
13.5.2 Forecast Trend (2023-2028)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2022)
13.6.2 Forecast Trend (2023-2028)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Grupo Bimbo SAB de CV
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Grupo Mi Pan
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Rustic Pan SA de CV
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Campbell Soup Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Pan Rol SA DE CV
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 GRUMA, S.A.B. de C.V.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Bread Market: Key Industry Highlights, 2018 and 2032
2. Mexico Bread Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Mexico Bread Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Mexico Bread Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Mexico Bread Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Mexico Bread Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Mexico Bread Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Mexico Bread Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Mexico Bread Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Mexico Bread Market Structure
Key Questions Answered in the Report
In 2023, the market value was around USD 10.85 billion.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 17.59 billion by 2032.
The market drivers include government investments in bread production and the significance of bread in Mexican diet.
The key trends include growing interest in healthy and organic foods and an increase in the demand for artisanal bread in Mexico.
The different types of breads include leavened bread and flat bread.
The major distribution channels for bread include supermarkets and hypermarkets, convenience stores/variety stores, specialist retailers, and online.
The major players in the market include Grupo Bimbo SAB de CV, Grupo Mi Pan, Rustic Pan SA de CV, Campbell Soup Company, Pan Rol SA DE CV, and GRUMA, S.A.B. de C.V.
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