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Mexico Ice Cream Market Size, Share, Growth, Analysis: By Flavour: Chocolate, Fruit, Vanilla, Others; By Source: Dairy-based Ice Creams, Vegan Ice Creams; By Category: Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream; By Product Type: Cup, Stick, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
Mexico Ice Cream Market Outlook
The Mexico ice cream market size reached USD 1.08 million in 2023. The market is projected to grow at a CAGR of 4.5% between 2024 and 2032, reaching almost USD 1.29 million by 2032.
Key Takeaways:
- Hotels and restaurants are expected to witness a significant uptake in ice cream sales over the forecast period.
- By source, vegan ice creams are expected to constitute a major portion of the Mexico ice cream market share.
- Increasing innovations in marketing strategies are expected to drive the market growth.
The availability of fresh fruits all throughout the year in Mexico leads manufacturers to make paletas, which are becoming an increasingly popular item in frozen treats. They are generally categorised into two types, including water-based and milk-based.
While water-based paletas have a fruity flavour, milk-based paletas are popular among children because they contain chunks of cookies and come in different flavours like caramel and chocolate. These frozen treats are marketed in transparent packaging and are available across a wide range of distribution channels, including supermarkets and convenience stores. This is expected to drive the Mexico ice cream market expansion.
The preparation of ice cream sandwiches by street vendors attracts a lot of consumer attention. This is because of their sweet and salty flavour, which is immensely enjoyed by the people. This is one of the key Mexico ice cream market trends.
Major market players are designing seasonal product offerings for ice cream consumers in Mexico. For instance, some companies are bundling three different rectangular ice cream flavours in a box and marketing them to the consumers.
Some of the most popular flavours for the summer season in Mexico include strawberry, mango, and coconut. As the rate of innovation in ice cream packaging and flavour increases, the Mexico ice cream market growth is expected to witness an upward trajectory.
Market Segmentation
Mexico Ice Cream Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Source
- Dairy-based Ice Creams
- Vegan Ice Creams
Market Breakup by Category
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Tub
- Brick
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice Cream Parlour
- Hotels and Restaurants
- Online
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The major Mexico ice cream market players are Grupo Arcor, Unilever Plc, Nestlé S.A., Wells Enterprises, Inc, MontHelado S.A., Ben & Jerry's Homemade, Inc., General Mills, Inc., Fábrica Heladería Grido, Colombina SA., and Sorvetes Jundia Industria e Comercio LTDA, 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 Flavour |
|
| Breakup by Source |
|
| Breakup by Category |
|
| Breakup by Product Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
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| 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 Mexico Ice Cream Market Overview
8.1 Key Industry Highlights
8.2 Mexico Ice Cream Historical Market (2018-2023)
8.3 Mexico Ice Cream Market Forecast (2024-2032)
9 Mexico Ice Cream Market by Flavour
9.1 Chocolate
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Fruit
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Vanilla
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Mexico Ice Cream Market by Source
10.1 Dairy-based Ice Creams
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Vegan Ice Creams
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Mexico Ice Cream Market by Category
11.1 Impulse Ice Cream
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Take-Home Ice Cream
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Artisanal Ice Cream
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Mexico Ice Cream Market by Product Type
12.1 Cup
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Stick
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cone
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Tub
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Brick
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Mexico Ice Cream Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Ice Cream Parlour
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Hotels and Restaurants
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Online
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Mexico Ice Cream Market by Region
14.1 Baja California
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Northern Mexico
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 The Bajío
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Central Mexico
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Pacific Coast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Yucatan Peninsula
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyers Powers
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Manufacturing Process
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Grupo Arcor
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Unilever Plc
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Nestlé S.A.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Wells Enterprises, Inc
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 MontHelado S.A.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Ben & Jerry's Homemade, Inc.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 General Mills, Inc.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Fábrica Heladería Grido
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Colombina SA.
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Sorvetes Jundia Industria e Comercio LTDA
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Ice Cream Market: Key Industry Highlights, 2018 and 2032
2. Mexico Ice Cream Historical Market: Breakup by Flavour (USD Million), 2018-2023
3. Mexico Ice Cream Market Forecast: Breakup by Flavour (USD Million), 2024-2032
4. Mexico Ice Cream Historical Market: Breakup by Source (USD Million), 2018-2023
5. Mexico Ice Cream Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Mexico Ice Cream Historical Market: Breakup by Category (USD Million), 2018-2023
7. Mexico Ice Cream Market Forecast: Breakup by Category (USD Million), 2024-2032
8. Mexico Ice Cream Historical Market: Breakup by Product Type (USD Million), 2018-2023
9. Mexico Ice Cream Market Forecast: Breakup by Product Type (USD Million), 2024-2032
10. Mexico Ice Cream Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
11. Mexico Ice Cream Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12. Mexico Ice Cream Historical Market: Breakup by Region (USD Million), 2018-2023
13. Mexico Ice Cream Market Forecast: Breakup by Region (USD Million), 2024-2032
14. Mexico Ice Cream Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 1.08 million in 2023.
The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 1.29 million in 2032.
The different flavours of ice cream are chocolate, fruit, and vanilla, among others.
The different product types considered in the market report are cup, stick, cone, tub, and brick, among others.
The different sources of ice cream considered in the market report are dairy-based ice cream and vegan ice cream.
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 Grupo Arcor, Unilever Plc, Nestlé S.A., Wells Enterprises, Inc, MontHelado S.A., Ben & Jerry's Homemade, Inc., General Mills, Inc., Fábrica Heladería Grido, Colombina SA., and Sorvetes Jundia Industria e Comercio LTDA, among others.
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