Mexico: Dairy and Products Annual
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The Mexican dairy market continues to offer growth potential to both U.S. exporters and domestic producers. Despite pandemic-related economic shocks in 2020, the dairy sector has proven resilient. For producers, a hardy dairy herd, access to water, and sizeable domestic feed production have helped continue to expand yield and milk supply. While ongoing macroeconomic challenges, such as rising inflation and unemployment, have dampened household dairy purchases, a growing population, and the ongoing reopening of key sectors, such as tourism and hotel, restaurant and institutional (HRI), are helping keep dairy demand afloat.