Mexico: Food Processing Ingredients
Due to a weakening peso against the U.S dollar as well as a series of much needed measures by the Mexican government to control a growing obesity crisis, Mexico’s processed food industry only grew one and a half percent against the four percent growth that was expected. Nonetheless, there were several categories that exceeded or at least kept their expected growth such baked goods, dairy, condiments and sauces. The strongest food categories in Mexico are baked goods and tortilla products followed by dairy, meat processing and packing, and confectionary products. Products with the highest growth potential are healthy processed foods, premium or niche market products, dairy variety products such as yogurt, and ready to eat meals.
Mexico: Food Processing Ingredients
