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Mexico Frozen Fruits Market Report and Forecast 2024-2032

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    Report

  • 152 Pages
  • November 2023
  • Region: Mexico
  • Expert Market Research
  • ID: 5912632
According to the report, the Mexico frozen fruits market is projected to grow at a CAGR of 5.4% between 2024 and 2032 reaching a value of approximate USD 4.4 billion by 2032. Aided by the rising demand for convenient, long-lasting, and nutritious food products, as well as an increasing inclination towards healthier dietary patterns, the market is expected to grow significantly by 2032.

Frozen fruits, which are fruits subjected to rapid freezing followed by storage at low temperatures, have gained substantial traction in Mexico over the past few years. These fruits maintain most of their nutritional value, offering almost similar benefits as their fresh counterparts. Popular fruits in the frozen category include berries, mangoes, pineapples, and kiwis. The convenience they offer, especially in terms of storage and reduced wastage, makes them highly desirable in today’s fast-paced world.

As per the Mexico frozen fruits market analysis, the inclination towards healthier living and dietary patterns has significantly influenced the surge in demand for frozen fruits in Mexico. With more consumers recognising the importance of a balanced diet rich in fruits and vitamins, frozen fruits have become an appealing option, especially when off-season or when the fresh variety is not readily available. The added advantage is that they come without the added preservatives or sweeteners, making them a natural choice for health-conscious individuals.

Adding momentum to the Mexico frozen fruits market growth is the booming food and beverage industry in the country. Frozen fruits are increasingly being incorporated into various products, including smoothies, yogurts, ice creams, and baked goods. The convenience and year-round availability of these fruits allow manufacturers to maintain consistency in their products, leading to an increased demand in this sector.

Furthermore, the advancements in freezing technologies have enhanced the quality of frozen fruits, ensuring that they retain their texture, flavour, and nutritional value. This, in turn, has amplified consumer trust and acceptance. The expansion of organised retail sectors, such as supermarkets and hypermarkets in Mexico, has also given an impetus to the Mexico frozen fruits market demand, ensuring that frozen fruits are easily accessible to a broad consumer base.

On the flip side, there remains a section of consumers who hold reservations about frozen products, erroneously believing them to be inferior to fresh fruits in terms of nutritional value. However, consistent efforts from manufacturers in terms of consumer education, coupled with the backing of numerous studies highlighting the benefits of frozen fruits, are gradually altering this perception.

Market Segmentation

The market can be divided based on nature, form, fruit type, distribution channel, and region.

Market Breakup by Nature

  • Organic
  • Conventional

Market Breakup by Form

  • Diced
  • Whole
  • Sliced

Market Breakup by Fruit Type

  • Peaches
  • Mango
  • Berries
  • Melons
  • Citrus Fruits
  • Kiwi
  • Others

Market Breakup by Distribution Channel

  • Supermarkets/Hypermarkets
  • Independent Retailers
  • Convenience Stores
  • Online
  • Others

Market Breakup by Region

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Mexico frozen fruits market. Some of the major players explored in the report are as follows:
  • SunOpta, Inc.
  • Fruvemex Mexicali S.A. de C.V.
  • La Huerta
  • Hortifrut S.A
  • Fresh Catarina
  • PRODES
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Industry Opportunities and Challenges
8 Mexico Frozen Fruits Market Analysis
8.1 Key Industry Highlights
8.2 Mexico Frozen Fruits Historical Market (2018-2023)
8.3 Mexico Frozen Fruits Market Forecast (2024-2032)
9 Mexico Frozen Fruits Market by Nature
9.1 Organic
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Conventional
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Mexico Frozen Fruits Market by Form
10.1 Diced
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Whole
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Sliced
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Mexico Frozen Fruits Market by Fruit Type
11.1 Peaches
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mango
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Berries
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Melons
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Citrus Fruits
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Kiwi
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Mexico Frozen Fruits Market by Distribution Channel
12.1 Supermarkets/Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Independent Retailers
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Convenience Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Online
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Mexico Frozen Fruits Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 The Bajío
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Company Profiles
16.2.1 SunOpta, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fruvemex Mexicali S.A. de C.V.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 La Huerta
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Hortifrut S.A
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Fresh Catarina
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 PRODES
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Frozen Fruits Market: Key industry Highlights, 2018 and 2032
2. Mexico Frozen Fruits Historical Market: Breakup by Nature (USD Million), 2018-2023
3. Mexico Frozen Fruits Market Forecast: Breakup by Nature (USD Million), 2024-2032
4. Mexico Frozen Fruits Historical Market: Breakup by Form (USD Million), 2018-2023
5. Mexico Frozen Fruits Market Forecast: Breakup by Form (USD Million), 2024-2032
6. Mexico Frozen Fruits Historical Market: Breakup by Fruit Type (USD Million), 2018-2023
7. Mexico Frozen Fruits Market Forecast: Breakup by Fruit Type (USD Million), 2024-2032
8. Mexico Frozen Fruits Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9. Mexico Frozen Fruits Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10. Mexico Frozen Fruits Historical Market: Breakup by Region (USD Million), 2018-2023
11. Mexico Frozen Fruits Market Forecast: Breakup by Region (USD Million), 2024-2032
12. Mexico Frozen Fruits Market Structure

Companies Mentioned

  • SunOpta Inc.
  • Fruvemex Mexicali S.A. de C.V.
  • La Huerta
  • Hortifrut S.A
  • Fresh Catarina
  • PRODES

Methodology

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