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Fruits Market in Mexico by Distribution Channel and Application - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR72055
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The fruits market share in Mexico is expected to increase by USD 2.04 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.38%.

This fruits market research report of Mexico provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the fruits market segmentation in Mexico by distribution channel (offline and online) and application (non-organic and organic). The fruits market report of Mexico also offers information on several market vendors, including AGRANA Beteiligungs AG, BQ Fruits, CALAL FRUITS SA DE CV, Fresh Seasons, Frigorizados la Huerta S.A. de C.V., Grupo Aguacatero Los Cerritos SRL de CV, Grupo Freza SA de CV, GRUPO VAZ , Prime Fruits Mexico, and Promega among others.

What will the Fruits Market Size in Mexico be During the Forecast Period?

Fruits Market Size

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Fruits Market in Mexico: Key Drivers and Challenges

The government initiatives to increase agricultural production are notably driving the fruits market growth in Mexico, although factors such as increased chances of food contamination may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the fruits industry in Mexico. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Fruits Market Driver in Mexico

One of the major factors driving the fruits market growth in Mexico is the government initiatives to increase agricultural production due to factors such as high productivity and dependence of the rural population on the Mexican agricultural sector. The improved agricultural technology, refrigeration and transportation systems, and the globalization of markets have resulted in positive changes in the agriculture sector. The Mexican administration's policies for the rural economy seek to support American agriculture, further enhance its productivity, and continue to protect farmers from large fluctuations in yields and prices. Such government initiatives are expected to drive fruits market growth in Mexico during the forecast period

Key Fruits Market Challenge In Mexico

One of the major challenges to the fruits market growth in Mexico is the increased chances of food contamination,  which can cause serious health issues to the consumers. The contamination can enter through several ways into the supply chain. For instance, naturally occurring toxins include marine biotoxins, cyanogenic glycosides, mycotoxins, and toxins that occur in poisonous mushrooms. According to the estimations made by the federal government, there are 48 million cases of foodborne illnesses annually in the US, which is equivalent to sickening 1 in 6 Americans each year, and which result in an estimated 128,000 hospitalizations and 3,000 deaths. As Mexico exports farm produces to the US, which if rejected by the US government (based on quality) can negatively impact the growth of the market in focus during the forecast period.

This fruits market analysis report of Mexico also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Fruits Market Vendors in Mexico?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • AGRANA Beteiligungs AG
  • BQ Fruits
  • CALAL FRUITS SA DE CV
  • Fresh Seasons
  • Frigorizados la Huerta S.A. de C.V.
  • Grupo Aguacatero Los Cerritos SRL de CV
  • Grupo Freza SA de CV
  • GRUPO VAZ 
  • Prime Fruits Mexico
  • Promega

 

This statistical study of the fruits market in Mexico encompasses successful business strategies deployed by the key vendors. The fruits market in Mexico is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The fruits market forecast report of Mexico offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Distribution Channel Segments in the Fruits Market in Mexico?

Fruits Market Market segmentation by region

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The fruits market share growth in Mexico by the offline segment will be significant during the forecast period. The wide prevalence of offline retail channels such as supermarkets and hypermarkets will support the growth in this segment. Discount offers, free products, and other sales strategies will further accelerate the growth in the offline segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the fruits market size in Mexico and actionable market insights on post COVID-19 impact on each segment.

 

Fruits Market Scope In Mexico

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.38%

Market growth 2022-2026

$ 2.04 billion

Market structure

Fragmented

YoY growth (%)

4.05

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AGRANA Beteiligungs AG, BQ Fruits, CALAL FRUITS SA DE CV, Fresh Seasons, Frigorizados la Huerta S.A. de C.V., Grupo Aguacatero Los Cerritos SRL de CV, Grupo Freza SA de CV, GRUPO VAZ , Prime Fruits Mexico, and Promega

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Fruits Market Report of Mexico?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive fruits market growth in Mexico during the next five years
  • Precise estimation of the fruits market size in Mexico and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of fruits market vendors in Mexico 

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Non-organic - Market size and forecast 2021-2026
    • Organic - Market size and forecast 2021-2026
    • Market opportunity by Application

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2021-2026
    • Online - Market size and forecast 2021-2026
    • Market opportunity by Distribution channel

    Customer landscape

    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AGRANA Beteiligungs AG
    • BQ Fruits
    • CALAL FRUITS SA DE CV
    • Fresh Seasons
    • Frigorizados la Huerta S.A. de C.V.
    • Grupo Aguacatero Los Cerritos SRL de CV
    • Grupo Freza SA de CV
    • GRUPO VAZ 
    • Prime Fruits Mexico
    • Promega

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    Fruits market growth will increase by $2048.11 million during 2021-2026.
    The fruits market is expected to grow at a CAGR of 4.38% during 2021-2026.
    Technavio has segmented the fruits market by distribution channel (Offline and Online) ,application (Non-organic and Organic) , and geographic (Mexico).
    AGRANA Beteiligungs AG, BQ Fruits, CALAL FRUITS SA DE CV, Fresh Seasons, Frigorizados la Huerta S.A. de C.V., Grupo Aguacatero Los Cerritos SRL de CV, Grupo Freza SA de CV, GRUPO VAZ , Prime Fruits Mexico, Promega are a few of the key vendors in the fruits market.
    Mexico will register the highest growth rate of 100.00% among the other regions. Therefore, the fruits market in Mexico is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the fruits market growth are:
    • Government initiatives to increase agricultural production
    The fruits market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
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