Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 5.09483575684097 USD Million |
| 2019 | 5.27201231301442 USD Million |
| 2020 | 5.48850632471221 USD Million |
| 2021 | 5.88636334522257 USD Million |
| 2022 | 6.16674810561171 USD Million |
| 2023 | 6.66465551222924 USD Million |
| 2024 | 7.14472471502316 USD Million |
| 2025 | 7.6387200835086 USD Million |
| 2026 | 8.14365808961737 USD Million |
| 2027 | 8.66612486126609 USD Million |
| 2028 | 9.07289416854217 USD Million |
| 2029 | 9.7773239863474 USD Million |
| 2030 | 10.2795409903212 USD Million |
| 2031 | 10.7971223956105 USD Million |
| 2032 | 11.1728685975271 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The Mexico edible oil market is a rapidly evolving space with significant potential for growth. Demand for edible oils in Mexico is driven by a variety of factors, including population growth, increasing disposable income, and rapidly changing dietary habits. Mexico is the largest edible oil market in Latin America, accounting for more than 20% of regional consumption. The growth in demand for vegetable oils in Mexico, has been boosted by a growing population, increased economic activity and a desire for healthier diets. The edible oil market in Mexico has grown significantly in recent years, driven by expanding incomes and diets that feature more meat in larger portions. The rise in demand is expected to continue in the coming years, with edible oil consumption forecast to grow by 3.2% per year to 2032. The main driver of the growth in Mexican edible oil consumption is the majority of the population which is shifting to a more urban lifestyle, with a corresponding increase in disposable incomes. Additionally, the growing popularity of convenience-oriented cooking techniques and the growing demand for snack foods are supporting the growth of the edible oil market.
In terms of the types of edible oils favored in Mexico, soybean oil is the most popular. In addition, palm oil is also widely consumed in Mexico and is expected to record strong growth in the future due to the growing awareness of health and dietary factors. In terms of production of edible oil, Mexico is a significant regional producer, with domestic production accounting for half of the national consumption. On the other hand, the country imports significant amounts of vegetable oils, including soybean, palm, sunflower and rapeseed oils. In conclusion, the Mexican edible oil market is expected to remain a vibrant and dynamic space over the next decade, driven by increasing demand and rising disposable incomes. With a favorable government policy environment and supportive consumer trends, Mexico’s edible oil market is expected to achieve positive growth throughout the forecast period.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
USD49
Buy Now
Powering the world's best teams.
From next-gen startups to established enterprises.
Contact us
Get in Touch
Let's work together
support@wantstats.comWantstats Research and Media Pvt. Ltd., Office No 104, Pentagon 4, Magarpatta City, Pune - 411028, Maharashtra, India.
See our work in action
Start your data driven journey with us!
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence
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.
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.