Mexico: Food Processing Ingredients
With over 186,000 food processors and more than 800,000 employees the Mexican food processing sector produced $135.5 billion dollars worth of processed foods making it the 3rd biggest producer of the Americas and 10th producer in the world. Due to demographic and lifestyle changes, the sector could expand depending on whether the Mexican peso can resurface or if it will continue to devalue against the U.S. Dollar. Since 2014, the peso has lost 31% of its value versus the USD and 42% since 2010.
Mexico: Food Processing Ingredients