Mexico Chocolate Market (2019-2025)

Mexico chocolate market is expected to witness exponential growth over the coming years as Mexico chocolate market is still untapped. Mexico’s per capita annual consumption of chocolate is barely 750 grams per year as compared to 5kgs in the United States and 10 kgs in the European Union, showing huge potential for the chocolate market to develop and grow in the country over the coming years. Further, saturated markets of developed nations are surely going to benefit the low chocolate consuming country such as Mexico.

According to 6Wresearch, the Mexico Chocolate Market size is projected to grow at a CAGR of 4.3% from 2019–to 2025. Rising disposable income, surging foreign investment, and increasing chocolate conventions such as Mexico Chocolate Expo that take place every year are propelling the growth of the chocolate market in  Mexico. Additionally, a tremendous increase in chocolate sales is seen at the time of any festival or occasion such as  Valentine’s Day or New Year which is spurring the growth of premium or boxed assortments. These occasions provide tremendous opportunities for chocolate makers to grow and innovate new products.

The milk chocolate segment captured the majority of the market share in 2018, owing to its rich and creamy taste; the however dark chocolate segment is likely to exhibit the highest growth during the forecast period, owing to the health benefits associated with it. Further, molded or bar chocolates are currently capturing the largest share and are likely to witness the highest growth over the coming year as well.  Further, with the growing trend of offering chocolates as gifts, premium chocolates are expected to witness huge acceptance over the coming years.

The Mexico chocolate market report comprehensively covers the market by product types, distribution channels, chocolate types, and regions. The Mexico chocolate market outlook report provides an unbiased and detailed analysis of the Mexico chocolate market trends, Mexico chocolate market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Mexico Chocolate Market Overview
• Mexico Chocolate Market Outlook
• Mexico Chocolate Market Forecast
• Historical Data of Mexico Chocolate Market Revenues for the Period 2015-2018
• Mexico Chocolate Market Size & Chocolate Market Forecast of Revenues, Until 2025
• Historical Data of Mexico Chocolate Market Revenues, By Product Types, for the Period 2015-2018
• Market Size & Forecast of Mexico Chocolate Market Revenues, By Product Types, Until 2025
• Historical Data of Mexico Chocolate Market Revenues, By Distribution Channels, for the Period 2015-2018
• Market Size & Forecast of Mexico Chocolate Market Revenues, By Distribution Channels, Until 2025
• Historical Data of Mexico Chocolate Market Revenues, By Chocolate Types, for the Period 2015-2018
• Market Size & Forecast of Mexico Chocolate Market Revenues, By Chocolate Types, Until 2025
• Market Drivers and Restraints
• Mexico Chocolate Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Mexico Chocolate Market Share, By Players
• Mexico Chocolate Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Mexico chocolate market report provides a detailed analysis of the following market segments:

By Product Types

• Milk Chocolate
• White Chocolate
• Dark Chocolate

By Distribution Channels

• Supermarkets/ Hypermarkets
• Grocery/ Mom n Pop Stores
• Convenience Stores
• Online Channel
• Others (Specialized Retailers, Pharmacy, etc.)

By Chocolate Types

• Count lines & Straight lines
• Molded or Bar Chocolates
• Choco-panned & Sugar panned
• Others (Box chocolates, novelties, etc.)

Other Key Reports Available:

• Japan Chocolate Market
• UAE Chocolate Market
• India Chocolate Market
• Saudi Arabia Chocolate Market

Frequently Asked Questions About the Market Study (FAQs):