Reports
Sale
Mexico Cocoa Market Size, Share, Growth, Trends, Analysis: By Product: Cocoa Butter, Cocoa Liquor, Cocoa Powder; By Application: Food and Beverages, Cosmetics and Pharmaceuticals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Mexico Cocoa Market Outlook
The Mexico cocoa market size is projected to grow at a CAGR of 2.7% between 2024 and 2032. The market is being driven by the rising demand for cocoa in cosmetics and personal care applications and the growing preference for organic cocoa.
Key Takeaways:
- As per the ASCHOCO, chocolate sales are expected to witness a 10% y-o-y growth in Mexico.
- Mexico produces 25,000 metric tons of cocoa on 59,800 acres of land.
- Cocoa powder is expected to constitute a major portion of the Mexico cocoa market share.
Climate change in Mexico is leading to an increase in the number of plant-based diseases, which is adversely impacting the cultivation of cocoa beans. However, an increase in international collaboration and private sector investments is expected to overcome this challenge. For example, the United Kingdom government is training cocoa farmers in the state of Tabasco with the objective of improving cocoa yields through its Partnering for Accelerated Climate Transitions (PACT) program.
Cocoa cultivation is mostly concentrated in Tabasco (68.8%) and Chiapas (31.1%) in Mexico. As per the Mexico cocoa market analysis, 1552770 hectares of land can be further utilised for the cultivation of criollo and organic varieties of cocoa, making Mexico one of the leading exporters of fine and ordinary cocoa beans globally.
The increasing use of cocoa butter in skincare products due to its anti-ageing and moisturising properties is expected to drive the Mexico cocoa market expansion. Cocoa butter is an extremely popular ingredient in cosmetic products as it prevents skin dryness and reduces wrinkles. Its anti-inflammatory properties also help in relieving eczema and psoriasis.
Besides, with the growing awareness regarding the benefits of organic produce among consumers and food manufacturers, the demand for organic cocoa is significantly rising. The surging demand for premium and organic confectionery is likely to further favour the Mexico cocoa market growth in the coming years.
Market Segmentation
Mexico Cocoa Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Cocoa Butter
- Cocoa Liquor
- Cocoa Powder
Market Breakup by Application
- Food and Beverages
- Confectionery
- Dairy
- Bakery
- Others
- Cosmetics and Pharmaceuticals
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key Mexico cement market players are Euro-American Cacao Company, S. de R.L. de C.V., Barry Callebaut AG, Cargill, Incorporated, and IMCO, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 Market 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 Latin America Cocoa Market Overview
8.1 Key Industry Highlights
8.2 Latin America Cocoa Historical Market (2018-2023)
8.3 Latin America Cocoa Market Forecast (2024-2032)
8.4 Latin America Cocoa Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Mexico Cocoa Market Overview
9.1 Key Industry Highlights
9.2 Mexico Cocoa Historical Market (2018-2023)
9.3 Mexico Cocoa Market Forecast (2024-2032)
10 Mexico Cocoa Market by Product
10.1 Cocoa Butter
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cocoa Liquor
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cocoa Powder
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Mexico Cocoa Market by Application
11.1 Food and Beverages
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Type
11.1.3.1 Confectionery
11.1.3.2 Dairy
11.1.3.3 Bakery
11.1.3.4 Others
11.2 Cosmetics and Pharmaceuticals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 Mexico Cocoa Market by Region
12.1 Baja California
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Northern Mexico
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 The Bajío
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Central Mexico
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Pacific Coast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Yucatan Peninsula
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code: 18)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Euro-American Cacao Company, S. de R.L. de C.V.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Barry Callebaut AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Cargill, Incorporated
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 IMCO
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Cocoa Market: Key Industry Highlights, 2018 and 2032
2. Mexico Cocoa Market: Key Industry Highlights, 2018 and 2032
3. Mexico Cocoa Historical Market: Breakup by Type (USD Million), 2018-2023
4. Mexico Cocoa Market Forecast: Breakup by Type USD Million), 2024-2032
5. Mexico Cocoa Historical Market: Breakup by Application (USD Million), 2018-2023
6. Mexico Cocoa Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Mexico Cocoa Historical Market: Breakup by Region (USD Million), 2018-2023
8. Mexico Cocoa Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Mexico Cocoa Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
The different products in the market include cocoa butter, cocoa liquor, and cocoa powder.
The different applications of cocoa are food and beverages and cosmetics and pharmaceuticals, among others.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Euro-American Cacao Company, S. de R.L. de C.V., Barry Callebaut AG, Cargill, Incorporated, and IMCO, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER