After the dynamism of the last two years of the review period, sales of cheese might be restrained over the forecast period by an expected increase in prices resulting from ongoing inflationary pressures. The cost of energy and fuel together with the expected increase in the cost of essential supplies such as milk and packaging materials, amongst others, is likely to impact the future prices of cheese.
With children having all gone back to school after the pandemic, those products that are popular for lunch boxes such as drinking milk products, yoghurt, and cheese slices for sandwiches, amongst others, have seen an important recovery. Convenience is a major attribute sought by parents for this consumption occasion.
The discounters channel observed important growth over the review period as cash-strapped consumers looked for alternative ways to reduce their household spending on groceries. In response to this demand retail brands such as Aurrera, Tiendas 3B, and Tiendas Neto have been increasing their geographic reach by opening new outlets.
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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.
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 Definitions
This report originates from Passport, our Cheese research and analysis database.
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