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Mexico Healthy Snacks Market Size, Share, Growth, Forecast: By Type: Cereals and Granola Bars, Nuts, Seeds, and Trail Mixes, Meat Snacks, Dried Fruit Snacks, Others; By Claim: Gluten Free, Low/No Fat, Low/No Sugar, By Distribution Channel: Supermarkets and Hypermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032
Mexico Healthy Snacks Market Outlook
The Mexico healthy snacks market size is projected to grow at a CAGR of 6.5% between 2024 and 2032. The market is being aided by the growing incidences of childhood obesity in Mexico, coupled with a rising demand for protein-rich snacks, in Mexico.
Key Takeaways
- Mexican children consume 40% of their daily calorie intake from junk food, leading to a demand for healthy snacking options.
- Convenience and sustainability are the topmost considerations for Mexican consumers when purchasing food/beverages.
- By claim, low-fat healthy snacks are expected to constitute a major portion of the market share.
Amid the rising rates of childhood obesity in Mexico, many states, including Tabasco and Oaxaca, are implementing stringent bans on the sale of junk food, prompting food and beverage companies to switch towards healthy snacking options. By incorporating natural ingredients and exotic spices, flavour enhancement has become a key focus of market players.
There is also a resurgence in demand for regional flavours, including snacks prepared from traditional sauces like Martajado (unevenly grounded onion and tomato sauce) and Tatemada (prepared by burning the skin of spicy ingredients on coal), among others. This is expected to contribute to the Mexico healthy snacks market expansion in the forecast period.
Protein deficiency is one of the main causes behind the prevalence of malnutrition in Mexico (12%). This is accelerating the demand for protein rich food among Mexican consumers. One of the key Mexico healthy snacks market trends is the consumption of grasshoppers along with hamburgers, pizzas, and guacamole. Insects have been consumed since the pre-Hispanic times and are highly popular among the Mexicans. As challenges related to climate change affect the food and water security of the country, the popularity of grasshoppers as a snacking option is expected to record continuous growth and propel the Mexico healthy snacks market growth in the coming years.
Market Segmentation
Mexico Healthy Snacks Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Cereals and Granola Bars
- Nuts, Seeds, and Trail Mixes
- Meat Snacks
- Dried Fruit Snacks
- Others
Market Breakup by Claim
- Gluten Free
- Low/No Fat
- Low/No Sugar
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
Key players in the Mexico healthy snacks market are Nestle S.A., Hershey Co., PepsiCo Inc. (Quaker), Mondelez International Inc., Hormel Foods Corp., Lifestyle Evolution, Inc. (NuGo Nutrition), Nemi Native Foods LLC, and JOVY, 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:
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| Breakup by Type |
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| Breakup by Claim |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Healthy Snacks Market Overview
8.1 Key Industry Highlights
8.2 Latin America Healthy Snacks Historical Market (2018-2023)
8.3 Latin America Healthy Snacks Market Forecast (2024-2032)
8.4 Latin America Healthy Snacks Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Mexico Healthy Snacks Market Overview
9.1 Key Industry Highlights
9.2 Mexico Healthy Snacks Historical Market (2018-2023)
9.3 Mexico Healthy Snacks Market Forecast (2024- 2032)
10 Mexico Healthy Snacks Market by Type
10.1 Cereals and Granola Bars
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Nuts, Seeds, and Trail Mixes
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Meat Snacks
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Dried Fruit Snacks
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Mexico Healthy Snacks Market by Claim
11.1 Gluten Free
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Low/No Fat
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Low/No Sugar
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Mexico Healthy Snacks Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Mexico Healthy Snacks Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 The Bajío
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
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 Nestle S.A.
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 Hershey Co.
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 PepsiCo Inc. (Quaker)
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 Mondelez International Inc.
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 Hormel Foods Corp.
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 Lifestyle Evolution, Inc. (NuGo Nutrition)
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 Nemi Native Foods LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 JOVY
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Healthy Snacks Market: Key Industry Highlights, 2018 and 2032
2. Mexico Healthy Snacks Market: Key Industry Highlights, 2018 and 2032
3. Mexico Healthy Snacks Historical Market: Breakup by Type (USD Million), 2018-2023
4. Mexico Healthy Snacks Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Mexico Healthy Snacks Historical Market: Breakup by Claim (USD Million), 2018-2023
6. Mexico Healthy Snacks Market Forecast: Breakup by Claim (USD Million), 2024-2032
7. Mexico Healthy Snacks Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Mexico Healthy Snacks Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Mexico Healthy Snacks Historical Market: Breakup by Region (USD Million), 2018-2023
10. Mexico Healthy Snacks Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Mexico Healthy Snacks Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The different distribution channels in the market include supermarkets and hypermarkets convenience stores, and online, among others.
The major types of healthy snacks in the market include cereals and granola bars, nuts, seeds, and trail mixes, meat snacks, and dried fruit snacks, among others.
The different segments considered in the market report are gluten free, low/no fat, and low/no sugar, 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 Nestle S.A., Hershey Co., PepsiCo Inc. (Quaker), Mondelez International Inc., Hormel Foods Corp., Lifestyle Evolution, Inc. (NuGo Nutrition), Nemi Native Foods LLC, and JOVY, among others.
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