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Food & Beverage
Mexico Plant-Based Food Market, By Distribution Channel
Charts & Stats
Mexico Plant-Based Food Market, By Type
By Type, the market is segmented into Plant-Based Milk & Derivatives , Bakery & Confectionery, Sweet & Savory Snacks , Plant-Based Juices , RTD Tea & Coffee , RTE & RTC Meals , and Others (2018–2027)
Author: Wantstats Research TeamSource: Wantstats Repository
| Label | Plant-Based Milk & Derivatives | Bakery & Confectionery | Sweet & Savory Snacks | Plant-Based Juices | RTD Tea & Coffee | RTE & RTC Meals | Others |
|---|---|---|---|---|---|---|---|
| 2018 | 219.4 USD Mn | 22.5 USD Mn | 16.3 USD Mn | 19.4 USD Mn | 5.1 USD Mn | 17.4 USD Mn | 59.1 USD Mn |
| 2019 | 243.7 USD Mn | 25 USD Mn | 18.1 USD Mn | 21.8 USD Mn | 5.7 USD Mn | 19.4 USD Mn | 66.1 USD Mn |
| 2020 | 270.6 USD Mn | 27.7 USD Mn | 20.2 USD Mn | 24.4 USD Mn | 6.3 USD Mn | 21.7 USD Mn | 74 USD Mn |
| 2021 | 300.4 USD Mn | 30.7 USD Mn | 22.4 USD Mn | 27.3 USD Mn | 7 USD Mn | 24.2 USD Mn | 82.8 USD Mn |
| 2022 | 333.4 USD Mn | 34 USD Mn | 24.9 USD Mn | 30.5 USD Mn | 7.8 USD Mn | 27 USD Mn | 92.5 USD Mn |
| 2023 | 369.7 USD Mn | 37.7 USD Mn | 27.6 USD Mn | 34.1 USD Mn | 8.7 USD Mn | 30.1 USD Mn | 103.4 USD Mn |
| 2024 | 409.9 USD Mn | 41.7 USD Mn | 30.7 USD Mn | 38.2 USD Mn | 9.7 USD Mn | 33.6 USD Mn | 115.5 USD Mn |
| 2025 | 454.2 USD Mn | 46.2 USD Mn | 34 USD Mn | 42.7 USD Mn | 10.8 USD Mn | 37.4 USD Mn | 129 USD Mn |
| 2026 | 503.3 USD Mn | 51.1 USD Mn | 37.8 USD Mn | 47.7 USD Mn | 12.1 USD Mn | 41.7 USD Mn | 144 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Plant-based food has become increasingly popular in Mexico in recent years, as more and more people are adopting a vegan or vegetarian lifestyle, or even just looking to reduce their consumption of animal products. This trend has led to a surge in demand for plant-based food products in Mexico, catering to the diverse needs and preferences of its consumers.
One of the types of plant-based food that has gained considerable traction in the Mexican market is plant-based protein. With the growing concerns over the environmental impact of meat production and its associated health risks, many consumers are turning to plant-based protein alternatives such as tofu, tempeh, and legumes. These protein sources offer a healthier and more sustainable alternative to traditional animal-based protein options, making them a popular choice among health-conscious consumers.
Another type of plant-based food that is highly sought after in Mexico is dairy alternatives. As lactose intolerance and milk allergies are becoming more prevalent, there is a growing demand for non-dairy options such as almond milk, oat milk, and coconut milk. These alternatives not only serve the needs of lactose intolerant individuals, but they also appeal to health-conscious consumers who are looking to reduce their intake of saturated fats and cholesterol.
In addition to these popular categories, there is also a growing demand for plant-based meat alternatives in Mexico. With the rise of flexitarianism, many consumers are looking for meat substitutes that mimic the taste, texture, and appearance of traditional meat products. This has led to the development of plant-based burgers, sausages, and other meat substitutes made from ingredients like soy, pea protein, and jackfruit. These products not only cater to the growing vegan and vegetarian populations, but also to those who are looking to reduce their meat consumption for health or environmental reasons.
Furthermore, the demand for plant-based food in Mexico is not limited to just grocery stores and supermarkets. The country is seeing a rise in vegan and vegetarian restaurants, as well as food delivery services that cater specifically to plant-based diets. This offers consumers more options and convenience in finding and enjoying plant-based meals.
In conclusion, the demand for plant-based food in Mexico is on the rise, as consumers are becoming more conscious of their health, the environment, and animal welfare. With a variety of plant-based options available in the market, there is something for everyone, making it an exciting time for the growing plant-based food industry in Mexico.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.