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Mexico Potato Chips Market Size, Share, Growth, Analysis: By Product: Baked, Fried; By Flavour: Plain/Salted, Flavoured; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Speciality Food Stores, Online Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Mexico Potato Chips Market Outlook
The Mexico potato chips market size reached USD 174.64 million in 2023. The market is projected to grow at a CAGR of 3.5% between 2024 and 2032, reaching almost USD 230.00 million by 2032.
Key Takeaways:
- Potatoes imported from the USA are an extremely popular source of making chips among Mexican companies.
- Flavoured chips are expected to constitute a major portion of the Mexico potato chips market share.
- Increasing health consciousness among consumers is expected to leverage the demand for baked potato chips.
Sustainable agricultural practices focusing on reducing fertiliser application and water consumption are expected to leverage the production of potatoes in Mexico, thereby driving the Mexico potato chips market development.
Besides, one of the key market trends is the increasing collaboration of snacking companies with agri-tech organisations that provide farmers with data-driven insights into their farming practices. They also provide technological support to farmers for irrigation and crop harvesting purposes. This enables them to improve soil health, conserve more water, lower greenhouse gas emissions, and enhance crop yields. Over the forecast period, this is expected to drive the Mexico potato chips market expansion.
Growing consumer appeal for the incorporation of cheesy flavours into snacking items is expected to drive the Mexico potato chips market growth. This is because cheese is associated with comfort, freshness, and indulgence.
As the demand for new flavours increases, major market players are expected to introduce new changes in chip manufacturing technologies and utilise cheesy ingredients with local spices and herbs to give a new twist to snacking flavours. This is expected to increase the demand for potato chips in Mexico in the coming years.
Sensitivity to milk allergens among certain sections of the Mexican population is prompting potato chip companies to incorporate non-dairy seasonings into their products. This is expected to lead to the Mexico potato chips market growth in the forecast period.
Market Segmentation
Mexico Potato Chips Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Baked
- Fried
Market Breakup by Flavour
- Plain/Salted
- Flavoured
Market Breakup by Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Speciality Food Stores
- Online Stores
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key Mexico potato chips market players are PepsiCo, Inc., Kellanova, Arca Continental S.A.B. de C.V., Utz Quality Foods, LLC, Campbell Soup Company, and Barcel USA, LLC, 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 Product |
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| Breakup by Flavour |
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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 Potato Chips Market Overview
8.1 Key Industry Highlights
8.2 Latin America Potato Chips Historical Market (2018-2023)
8.3 Latin America Potato Chips Market Forecast (2024-2032)
8.4 Latin America Potato Chips Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Mexico Potato Chips Market Overview
9.1 Key Industry Highlights
9.2 Mexico Potato Chips Historical Market (2018-2023)
9.3 Mexico Potato Chips Market Forecast (2024-2032)
10 Mexico Potato Chips Market by Product
10.1 Baked
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fried
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Mexico Potato Chips Market by Flavour
11.1 Plain/Salted
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Flavoured
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Mexico Potato Chips Market by Distribution Channel
12.1 Supermarkets/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 Speciality Food Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Online Stores
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Mexico Potato Chips 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 PepsiCo, Inc.
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 Kellanova
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 Arca Continental S.A.B. de C.V.
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 Utz Quality Foods, LLC
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 Campbell Soup Company
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 Barcel USA, LLC
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. Latin America Potato Chips Market: Key Industry Highlights, 2018 and 2032
2. Mexico Potato Chips Market: Key Industry Highlights, 2018 and 2032
3. Mexico Potato Chips Historical Market: Breakup by Product (USD Million), 2018-2023
4. Mexico Potato Chips Market Forecast: Breakup by Product (USD Million), 2024-2032
5. Mexico Potato Chips Historical Market: Breakup by Flavour (USD Million), 2018-2023
6. Mexico Potato Chips Market Forecast: Breakup by Flavour (USD Million), 2024-2032
7. Mexico Potato Chips Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Mexico Potato Chips Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Mexico Potato Chips Historical Market: Breakup by Region (USD Million), 2018-2023
10. Mexico Potato Chips Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Mexico Potato Chips Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 174.64 million in 2023.
The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 230.00 million in 2032.
The different distribution channels in the market include supermarkets/hypermarkets, convenience stores, speciality food stores, and online stores, among others.
The different flavours of potato chips include plain/salted and flavoured.
The different products considered in the market report are baked and fried.
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 PepsiCo, Inc., Kellanova, Arca Continental S.A.B. de C.V., Utz Quality Foods, LLC, Campbell Soup Company, and Barcel USA, LLC, among others.
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