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Chocolate Confectionery in Mexico

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    Report

  • 23 Pages
  • June 2024
  • Region: Mexico
  • Euromonitor International
  • ID: 593870
Over 2024, chocolate confectionery in Mexico is expected to see moderate retail volume growth, only slightly below the increase posted in 2023. While slowing, the rate of inflation in Mexico remains significant and continues to affect manufacturer, retailer and consumer responses and choices. High inflation increases the costs of raw materials like cocoa and prices of products. This is set to see retail current value sales continue on a double-digit growth trajectory in 2024.

The Chocolate Confectionery in Mexico report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Chocolate Confectionery market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Rising costs push manufacturers to reduce pack sizes
  • Category is still positioned for high indulgence
  • Players diversify brand reach while retailers improve their offer to compete with premium brands
PROSPECTS AND OPPORTUNITIES
  • Premium brands to explore new channels in search of volume sales
  • Brand owners to exploit the potential of seasonality and gifting
  • More choice of health and wellness-orientated options
CATEGORY DATA
  • Summary 1 Other Chocolate Confectionery by Product Type: 2024
  • Table 1 Sales of Chocolate Confectionery by Category: Volume 2019-2024
  • Table 2 Sales of Chocolate Confectionery by Category: Value 2019-2024
  • Table 3 Sales of Chocolate Confectionery by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Chocolate Confectionery by Category: % Value Growth 2019-2024
  • Table 5 Sales of Chocolate Tablets by Type: % Value 2019-2024
  • Table 6 NBO Company Shares of Chocolate Confectionery: % Value 2020-2024
  • Table 7 LBN Brand Shares of Chocolate Confectionery: % Value 2021-2024
  • Table 8 Distribution of Chocolate Confectionery by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Chocolate Confectionery by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Chocolate Confectionery by Category: Value 2024-2029
  • Table 11 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2024-2029
SNACKS IN MEXICO
EXECUTIVE SUMMARY
  • Snacks in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 13 Sales of Snacks by Category: Volume 2019-2024
  • Table 14 Sales of Snacks by Category: Value 2019-2024
  • Table 15 Sales of Snacks by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Snacks by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Snacks: % Value 2020-2024
  • Table 18 LBN Brand Shares of Snacks: % Value 2021-2024
  • Table 19 Penetration of Private Label by Category: % Value 2019-2024
  • Table 20 Distribution of Snacks by Format: % Value 2019-2024
  • Table 21 Forecast Sales of Snacks by Category: Volume 2024-2029
  • Table 22 Forecast Sales of Snacks by Category: Value 2024-2029
  • Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2024-2029
  • Table 24 Forecast Sales of Snacks by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 2 Research Sources