Packaged hard cheese is predicted to record the strongest retail volume growth over the forecast period, in line with strengthening consumer sentiment and purchasing confidence. Demand for packaged cheese will be driven by increasing appreciation for the convenience of this format, particularly among consumers with busy lifestyles as they return to their daily routines in terms of work or school.
The perception of cheese has the potential to be affected by the new labelling requirements under NOM-051 that entered into force in Mexico in October 2020. The regulation requires manufacturers to highlight excess quantities of certain ingredients such as fat, sugar, and sodium with front-facing black seals printed on the packaging.
As consumers return to the workplace and spend longer outside of the home, the frequency and amount of home cooking is expected to decrease. This is predicted to have a further negative impact on retail sales of cheese over the early part of the forecast period.
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Understand the latest market trends and future growth opportunities for the Cheese industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cheese industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cheese
This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.
See All of Our DefinitionsThis report originates from Passport, our Cheese research and analysis database.
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