Mexico and its population face a challenging economic outlook with rising inflation and a slowdown in economic growth, coupled with job and wage insecurity and rising food and energy prices. As such, over the forecast period many consumers are likely to be forced to limit their spending on non-essential products such as ice cream, with this being reflected in more modest retail volume growth from 2023 onwards.
Congress is discussing new regulation which would likely impact the production and sale of ice cream in Mexico. This includes proposals to ban the use of trans fats and to limit sales of products with an excessively high sugar content, with these proposals aimed at helping to improve the health of the nation and to reduce the incidence of obesity and other weight related health issues in children.
The distribution of take-home ice cream is expected to see a further shift towards modern grocery retailers, with convenience stores, supermarkets and hypermarkets expanding their presence in the country. These outlets typically carry a wider selection of products thanks to their larger refrigeration capacity.
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Understand the latest market trends and future growth opportunities for the Ice Cream 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 Ice Cream 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.
Ice Cream
Ice cream is the aggregation of frozen yoghurt, impulse ice cream, unpackaged ice cream and take-home ice cream. Frozen desserts is included in the project Staples. Includes: Non-dairy ice creams (for example, soy or rice-based products, as well as any other dairy-alternative ice creams), should be tracked alongside dairy ice cream in the relevant product subcategory. Rice and soy can be used as dairy substitutes in the manufacture of ice cream, but the product is still equivalent in terms of positioning/marketing and consumer target to standard dairy ice cream.
See All of Our DefinitionsThis report originates from Passport, our Ice Cream research and analysis database.
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