Mexico Baby Food, 2019

2019-08-30
Price :
Published : Aug-2019
No. of Pages : 141

Mexico Baby Food, 2019

Summary

Mexico’s birth rate remains among the highest in Latin America, but the number of births has been generally downward. The population comprises a large group of people living in poverty and a smaller group of middle and upper income consumers, and it is the latter that are the main purchasers of industrially prepared baby food. Nonetheless, sales are high and expanding, led by milks, although wet meals and cereals performed nearly as well. The sector is fairly traditional, with products such as pouches and liquid milks only launched in the last four years. The majority of baby food is produced domestically.

Mexico has become a major exporter, particularly of milks and sweet meals. Nestlé continues to dominate, accounting for over half of sales. It has a virtual monopoly of cereals and drinks, accounts for 85% of wet meals, and leads in baby milks. Only Heinz challenges Nestlé in wet meals. In milks, Mead Johnson and Aspen lie second and third, followed by Abbott, Danone and FrieslandCampina. Pharmacies remain a significant distribution channel, dominating the supply of milks, but supermarkets and hypermarkets account for over half of value sales. Consumption is expected to grow during the next six years, fueled by the relatively buoyant state of the economy (though this will depend on political and economic relations with the US), and increased manufacturer competition, slightly offset by declining birth numbers.

“Mexico Baby Food, 2019” is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Mexican market.

What else does this report offer?
– Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
– Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
– Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.
– Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
– Future projections considering various trends which are likely to affect the industry

Scope

– The live birth rate has been on a generally downward path since the late 1990s, although 2017 and 2018 saw slight increases. Nonetheless, at 18.2 per thousand population in 2018, Mexico’s crude birth rate remains among the highest in Latin America.
– Imports of baby milks and cereals are relatively low overall (9,294 tons in 2017) and fell heavily in 2017. The Netherlands accounts for the largest proportion of imports (44 % of volume in 2017). Mexico has become a major baby food exporter, and in 2017 exported 42,613 tons of milks & cereals, mostly to other Latin American countries, as well as almost 14,000 tons of sweet meals.
– Nestlé continues to dominate, accounting for well over half of all retail sales. It has a virtual monopoly of the cereals and drinks categories and accounts for 85 % of wet meals, as well as leading in baby milks.
– It is increasingly the domain of large scale outlets, and these also dominate the distribution of baby food: in 2018, supermarkets and hypermarkets accounted for almost 53% of value sales.
– The government hands out a six month supply of free infant formula to mothers unable or unwilling to breastfeed. Therefore, despite many Mexican mothers being unable to afford the high price of infant formula, this practice has helped to maintain consumption levels of breast milk substitutes.
– All categories are expected to achieve increased sales by 2024, reaching a value of Mex$25.7 billion.

Reasons to buy

– Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
– Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
– Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
– Investigates which categories are performing the best and how this is changing market dynamics.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Thailand Baby Food, 2019

Thailand Baby Food, 2019 Summary "Thailand Baby Food, 2019" is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Thailand market. After a period of economic difficulty and political unrest, the situation in Thailand has improved. Baby food sales remain fairly sluggish compared with the boom years, but have risen in real value terms and in volume over the past four years. The number of live births has continued to decline. Most families with sufficient disposable income to buy baby food are in Bangkok and other large urban areas. In rural areas, industrially prepared baby foods are neither widely available nor affordable for many mothers. With the exception of milks, all categories remain extremely underdeveloped. An ......
$3275

Top Growth Opportunities: Bakery & Cereals in the US

Top Growth Opportunities: Bakery & Cereals in the US Summary Top Growth Opportunities for the Bakery & Cereals in the US provides an overview of the Bakery & Cereals market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Bakery & Cereals producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving ......
$2995

Top Growth Opportunities: Bakery & Cereals in India

Top Growth Opportunities: Bakery & Cereals in India Summary Top Growth Opportunities for Bakery & Cereals in India provides an overview of the Bakery and Cereals market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Bakery & Cereals producers, suppliers and retailers by combining robust, granular data and expert insight. Top Growth Opportunities for Bakery & Cereals in India provides recommended actions and detailed analysis of how to target the best growth opportunities for Bakery & Cereals producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the su......
$2995

Country Profile: Pasta & Noodles in the Philippines

Country Profile: Pasta & Noodles in the Philippines Summary The Filipino pasta & noodles sector is led by the ‘dried & instant noodles' category in both value and volume terms. Whereas, the dried pasta category is expected to register fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of pasta & noodles products in the country. Flexible packaging is the most commonly used pack material in the sector. Monde Nissin, Rfm Corporation and Nissin Food Holdings Co., LTD are the leading players in the Filipino pasta & noodles sector. GlobalData's Country Profile report on the Pasta & Noodles sector in the Philippines provides insights on high growth categories to target, trends in the usage of package materials, category le......
$875

The Baby Food Sector in China, 2019

The Baby Food Sector in China, 2019 Summary "The Baby Food Sector in China, 2019", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Chinese market. Despite the scrapping of the one-child policy, birth numbers fell to 15.2 million in 2018. Sales of baby food are focused in the major cities, although increasingly affluent consumers are emerging in lower-tier cities and some rural areas. Although the market is still underdeveloped, it has benefited from greater consumer spending power, rising urbanization, and increased numbers of working women. Baby milks continue to dominate, accounting for 92.5% of value sales. Compulsory registration of infant formula from January 2018, disrupted sales less than expected. Most mi......
$3275

Country Profile: Pasta & Noodles in South Korea

Country Profile: Pasta & Noodles in South Korea Summary The South Korean pasta & noodles sector is led by the ‘dried & instant noodles' category in both value and volume terms, while the dried pasta category is expected to register the fastest value growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of pasta & noodles products in the country. Flexible packaging is the most commonly used pack material in the sector. Nongshim Co Ltd, Ottogi Co, Ltd., and Yakult Honsha are the leading players in the sector. GlobalData's Country Profile report on the Pasta & Noodles sector in South Korea provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of b......
$875

Country Profile: Pasta & Noodles in China

Country Profile: Pasta & Noodles in China Summary The pasta & noodles sector in China is led by dried & instant noodles in value terms in 2018, while the chilled pasta category is expected to register the fastest value growth rate in 2018-2023. Hypermarkets & supermarkets is the leading channel for distribution of pasta & noodles products in the country. Flexible packaging is most commonly used pack material in the sector, followed by paper & board. Tingyi Holding Corp, Uni President and Zheijang Baixing Food Corp Ltd,. are the leading players in the sector. GlobalData's Country Profile report on the Pasta & Noodles sector in China provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of......
$875

Country Profile: Pasta & Noodles in Indonesia

Country Profile: Pasta & Noodles in Indonesia Summary The Indonesian pasta & noodles sector is led by the ‘dried & instant noodles' category in both value and volume terms, while the dried pasta category is expected to register the fastest value growth during 2018-2023. Convenience stores is the leading channel for the distribution of pasta & noodles products in the country. Flexible packaging is the most commonly used pack material in the sector. PT. Indofood CBP Sukses Makmur Tbk., Wings Corporation and Pt. Jakarana Tama are the leading players in the sector. GlobalData's Country Profile report on the Pasta & Noodles sector in Indonesia provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market ......
$875

Country Profile: Pasta & Noodles in Thailand

Country Profile: Pasta & Noodles in Thailand Summary The Thai pasta & noodles sector is led by the ‘dried & instant noodles' category in both value and volume terms, while the dried pasta category is expected to register fastest value growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of pasta & noodles products in the country. Flexible packaging is the most commonly used pack material in the sector. Thai President Foods Public Company Limited, Thai Preserved Food Factory Co. Ltd, and Wan Thai Foods Industry Co. Ltd are the top three companies in the Thai pasta & noodles sector. GlobalData's Country Profile report on the Pasta & Noodles sector in Thailand provides insights on high growth categories to target, trends in the usage of package ......
$875

Country Profile: Syrups & Spreads in the UK

Country Profile: Syrups & Spreads in the UK Summary The UK syrups & spreads sector is led by the savory spreads category in value terms, while jams, jellies & preserves category is forecast to register the fastest growth during 2018-2023 in value terms. Hypermarkets & supermarkets is the leading distribution channel in the country. Glass is the most commonly used pack material, followed by rigid plastics and flexible packaging in 2018. Hain Celestial Group Inc, Unilever and Princes Limited are the leading players in the UK syrups & spreads sector. GlobalData's Country Profile report on the Syrups & Spreads sector in the UK provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. ......
$875
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy