Mexico Baby Food 2019 | Market Share | Size | Growth | Forecast

NAVI MUMBAI, India - Oct. 3, 2019 - PRLog -- Mexicos 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 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

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