Market Insights Consumer Food Bread & Cereal Products

Pasta - Mexico

Mexico

Revenue in the Pasta market amounts to €3.12bn in 2024. The market is expected to grow annually by 4.62% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€25,960m in 2024).
In relation to total population figures, per person revenues of €24.12 are generated in 2024.
In the Pasta market, volume is expected to amount to 1.49bn kg by 2029. The Pasta market is expected to show a volume growth of 0.9% in 2025.
The average volume per person in the Pasta market is expected to amount to 10.9kg in 2024.

Key regions: India, South Korea, United Kingdom, United States, Spain

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Pasta Market in Mexico's Bread & Cereal Products Market within The Food market is experiencing minimal growth. Factors such as consumer preferences, changing dietary habits, and economic conditions are impacting this growth rate.

Customer preferences: The Pasta Market in Mexico has seen a rise in demand for alternative and healthier pasta options, such as whole grain and gluten-free varieties, as consumers become more health-conscious. This trend is driven by the increasing prevalence of lifestyle diseases and a growing awareness of the importance of a balanced diet. Additionally, there has been a shift towards ready-to-eat and convenience pasta products, driven by busy lifestyles and a desire for quick and easy meal solutions.

Trends in the market: In Mexico, there has been a significant increase in demand for healthier and more convenient food options, leading to a rise in consumption of pasta products. This trend is expected to continue in the coming years, driven by factors such as changing lifestyles and increasing health consciousness among consumers. Moreover, the growing availability of a variety of pasta options, including gluten-free and organic, is further fueling this trend. This presents a significant opportunity for industry stakeholders to tap into this market by offering innovative and healthy pasta products to meet the evolving consumer preferences.

Local special circumstances: In Mexico, the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's rich culinary heritage and love for fresh, flavorful ingredients. This has led to a wide variety of pasta dishes that incorporate local spices and produce, making the market unique compared to other countries. Additionally, regulations on imported wheat and corn products have created a demand for locally produced pasta, contributing to the market's growth.

Underlying macroeconomic factors: The growth of the Pasta Market in Mexico is heavily influenced by macroeconomic factors such as trade policies, consumer preferences, and government initiatives. With an increasing focus on promoting healthy eating habits, there has been a growing demand for alternative and healthier options in The Food market. This has led to the rise in popularity of pasta as a convenient and nutritious meal option. Additionally, the growing economy and rising disposable income in Mexico have also contributed to the growth of the pasta market, as consumers are willing to spend more on premium and specialty pasta products. Furthermore, government initiatives promoting the consumption of domestically grown wheat and corn have also boosted the production and consumption of pasta in the country.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.