Summary
The Mexican prepared meals sector is led by the ready meals category in value terms in 2018, while meal kits category is expected to register fastest value growth during 2018-2023. Convenience stores emerged as the leading distribution channel of prepared meals in the country. Rigid plastics is the most commonly used pack material in the sector, followed by flexible packaging. Sigma Alimentos S.A. de C.V., Grupo Bimbo, S.A.B. de C.V., and Marindustrias SA de CV held are the leading players in the sector.
GlobalData’s Country Profile report on the Prepared Meals sector in Mexico 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.
Scope
- Per capita consumption of prepared meals in Mexico was lower compared to the global level, but higher compared to regional level in 2018
- The Mexican consumers prefer value for money products in the prepared meals sector
- The meal kits category is expected to gain market share in value terms during 2018-2023
- The Meal kits category is expected to gain maximum market share in volume terms during 2018-2023
- Per capita consumption of ready meals was lower in Mexico when compared to both the global and regional averages
- Rigid plastics is the most commonly used pack material in the Mexican prepared meals sector
- Tub is the most commonly used pack type in the Mexican prepared meals sector
- Prize off is the commonly used closure type in the Mexican prepared meals sector
- Sleeve primary outers accounted for a share of 33% in the Mexican prepared meals sector
Reasons to buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
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Table of Contents
Report scope
Executive summary
Mexico in the global and regional context
Mexico in the global and Latin America prepared meals sector
Mexico compared to other leading countries in the Latin America
Per capita consumption and expenditure - Mexico compared to the Latin America and global levels
Sector analysis - prepared meals
Country snapshot - prepared meals sector in Mexico
Value and volume analysis - prepared meals sector in Mexico
Degree of trading up/down in the Mexican prepared meals sector
Cross category comparison - value and growth rate
Change in category share by value
Cross category comparison - volume and growth rate
Change in category share by volume
Per capita consumption analysis by category
Category analysis: meal kits
Segment analysis (in value terms): meal kits
Segment analysis (in volume terms): meal kits
Category analysis: pizza
Segment analysis (in value terms): pizza
Segment analysis (in volume terms): pizza
Category analysis: ready meals
Segment analysis (in value terms): ready meals
Segment analysis (in volume terms): ready meals
Distribution analysis
Distribution channel share analysis: prepared meals
Distribution channel share analysis by category
Competitive landscape
Leading companies in the sector (in value and volume terms) in the prepared meals sector, 2018
Top 5 companies share by brand (in value terms and volume terms) in the prepared meals sector, 2018
Brand shares of top five companies (in value terms and volume terms) by category, 2018
Degree of consolidation/fragmentation by category
Packaging analysis
Pack material
Pack type
Closure type
Primary outer type
Consumergraphics
Demographic analysis
Macroeconomic analysis
Economic summary, labor market trends, and demographic trends
GlobalData country risk index (GCRI)
Methodology
Definitions
Appendix
List of Tables
Country snapshot - leading value and volume categories
Cross category comparison - by value (2013-2023)
Cross category comparison - by volume (2013-2023)
Per capita consumption (by category), Mexico compared to Latin America and global levels (in kg), 2018
Meal kits - value analysis by segment, 2013-2023
Meal kits - volume analysis by segment, 2013-2023
Pizza - value analysis by segment, 2013-2023
Pizza - volume analysis by segment, 2013-2023
Ready meals - value analysis by segment, 2013-2023
Ready meals - volume analysis by segment, 2013-2023
Change in distribution share, 2013-2018
Top five companies share by brand (in value terms and volume terms) in the prepared meals sector, 2018
Brand shares of top five companies (in value terms and volume terms) by category, 2018
Performance overview (score: 1-100)
Category data, by segment
Per capita consumption (in kg), 2013-2023
Per capita expenditure, 2013-2023
Prepared meals sales distribution in Mexico- by category, 2018
Brand share (in value and volume terms) in the prepared meals sector, 2018
Brand share (in value and volume terms) in the prepared meals sector by category, 2018
Pack material (in million pack units), 2013-2023
Pack materials by category (in million pack units), 2018
Pack type (in million pack units), 2013-2023
Pack types by category (in million pack units), 2018
Closure type (in million pack units), 2013-2023
Closure types by category (in million pack units), 2018
Primary outer type (in million pack units), 2013-2023
Primary outer types by category (in million pack units), 2018
Real GDP and annual growth (%), 2015-2023
Nominal GDP and annual growth (%), 2015-2023
Consumer price inflation (%), 2015-2023
Employed people and unemployment rate (%), 2015-2023
Nominal household final consumption expenditure and annual growth (%), 2015-2023
Population and annual growth (%), 2015-2023
Population by age group (%)
Population by gender (%)
Population by rural-urban split (%)
Exchange rates, 2013-2023
List of 75 countries analyzed to identify the high potential countries in different regions are mentioned below:
Value/volume change at segment level
List of Figures
Value and volume share of Mexico in the global and Latin America prepared meals sector, 2018-2023
Mexico compared to other top countries in terms of market share, growth, and competitive landscape
PCC comparison - Mexico, Latin America, and global, 2013-2023
PCE comparison - Mexico, Latin America, and global, 2013-2023
Market size and growth analysis by value and volume, prepared meals sector, 2013-2023
Extent to which consumers are trading up or down in the prepared meals sector
Cross category comparison - by value growth rate (2013-2023)
Change in category share (in value terms), 2018-2023
Cross category comparison - by volume growth rate (2013-2023)
Change in category share (in volume terms), 2018-2023
Market size and growth analysis by value and volume, meal kits, 2013-2023
Market size and growth analysis by value and volume, pizza category, 2013-2023
Market size and growth analysis by value and volume, ready meals category, 2013-2023
Share of key distribution channels (in value terms) - prepared meals, 2018
Key distribution channel share by category (in value terms), 2018
Leading companies in the sector (in value and volume terms) in the prepared meals sector, 2018
Category-wise consolidation/fragmentation (in value terms) - prepared meals, 2018
Key pack materials in the Mexican prepared meals sector, percentage share of pack units, 2018
Annual growth rate by key pack material, 2013-2023
Use of pack material by category (in pack units), 2018
Key pack types in the Mexican prepared meals sector, percentage share of pack units, 2018
Annual growth rate by key pack type, 2013-2023
Use of pack type by category (in pack units), 2018
Key closure types in the Mexican prepared meals sector, percentage share of pack units, 2018
Annual growth rate by key closure type, 2013-2023
Use of closure type by category (in pack units), 2018
Key primary outer types in the Mexican prepared meals sector, percentage share of pack units, 2018
Annual growth rate by key primary outer type, 2013-2023
Use of primary outer type by category (in pack units), 2018
Demographic analysis
Real GDP value and annual growth (%)
Nominal GDP value and annual growth (%)
Consumer price inflation (%)
Nominal household final consumption expenditure growth (%)
Population (millions) and annual growth (%)
Population by age group (%)
Population by gender (%)
Population by rural-urban split (%)
Employed people (millions) and unemployment rate (%)
Five lowest risk nations in GCRI Q4 2018
Five highest risk nations in GCRI Q4 2018
Country risk analysis - Mexico compared to Latin America and the world
