The market is dominated by domestic suppliers, as imports account for 20.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 91.9% of total demand in 2022. Mexico has the largest market size for starches and starch products regionally, with demand reaching USD3.8 billion in 2022. Ingredion Mexico SA de CV is the largest company in Mexico, generating 10.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 17.6% of total production value in 2022. The total number of companies increases in 2022, to 2,146 units. The costs of the industry increase by 26.5% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.1% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 5.0% of total production output. With production value of USD2.8 billion, Mexico accounts for 38.5% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Starches and Starch Products in Mexico: ISIC 1532. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Starches and Starch Products in Mexico: ISIC 1532 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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