"In Mexico the frozen food market has experienced significant growth in recent years. Factors such as changing lifestyles, increased urbanization, rising disposable incomes, and the need for convenience have contributed to the popularity of frozen food products. The market offers a wide range of frozen food options, including fruits and vegetables, meat and poultry, seafood, ready meals, bakery products, and desserts. Busy lifestyles and the need for quick and easy meal solutions have led to an increased demand for frozen food products. Consumers are seeking convenient options that require less preparation time while still offering good quality and taste. There is a rising demand for healthier frozen food options in Mexico. Consumers are looking for products that are low in sodium, trans fats, and artificial additives. Frozen fruits and vegetables are particularly popular due to their convenience and the perception that they retain their nutritional value. Manufacturers are continuously introducing new and innovative frozen food products to cater to changing consumer preferences. This includes the development of ethnic and international cuisines, organic and natural offerings, and healthier ingredient profiles. The growth of e-commerce and online grocery shopping has also impacted the frozen food market in Mexico. Consumers are increasingly opting for online purchases, which offer convenience and a wider range of options. There is a growing emphasis on sustainability and environmental awareness in the frozen food market. Consumers are showing an increased interest in eco-friendly packaging, responsibly sourced ingredients, and sustainable production practices. Private-label frozen food brands have gained popularity in Mexico. Retailers are investing in their own frozen food lines, offering competitively priced products that provide value for money. According to the research report ""Mexico Frozen Food Market Overview, 2027,"" published by Bonafide Research, The Mexico Frozen Food market is expected to grow at above CAGR of 4.29% from 2021 to 2027. The Mexican government, through various agencies such as the Federal Commission for the Protection against Sanitary Risks (COFEPRIS) and the National Service for Agri-Food Health, Safety, and Quality (SENASICA), establishes and enforces food safety and quality standards. These regulations ensure that frozen food products meet certain criteria for hygiene, labeling, storage, and transportation, thereby safeguarding consumer health and maintaining product quality. The government mandates clear and accurate labeling on frozen food products. Labels must include important information such as product name, ingredients, nutritional information, allergens, net weight, country of origin, and manufacturer details. This helps consumers make informed choices and promotes transparency in the market. The frozen food market in Mexico makes a significant contribution to the country's economy. It generates employment opportunities across the value chain, including farming, processing, manufacturing, packaging, distribution, and retail. The market also contributes to foreign trade, as Mexico exports frozen food products to various countries and imports products to meet domestic demand. Frozen food products play a role in reducing food waste by extending the shelf life of perishable items. The government, along with industry stakeholders, promotes the use of freezing technology to minimize food waste and improve food security. Adoption of advanced freezing technologies such as cryogenic freezing (using liquid nitrogen) and individually quick freezing (IQF) to preserve the quality, texture, and nutritional value of frozen food products. Adoption of automation and robotics in manufacturing facilities to streamline production processes, improve efficiency, and ensure consistency in the quality and packaging of frozen food products. In Mexico, there are several leading companies that provide a variety of frozen food. Sigma Alimentos is one of the largest food processing and distribution companies in Mexico. They offer a wide range of frozen food products, including processed meats, cheeses, yogurt, and other dairy products. Nestlé is a multinational food and beverage company with a significant presence in the Mexican frozen food market. General Mills is a global food company that operates in Mexico and has a strong presence in the frozen food sector. Grupo Bimbo is one of the largest bakery product manufacturers in the world, including frozen bakery items. Arca Continental is a leading beverage and snack company in Mexico. Herdez Del Fuerte is a Mexican food processing company known for its range of canned and frozen food products. Alsea is a restaurant and retail company that operates various food chains in Mexico, including fast-food outlets. These companies have established market presence, distribution networks, and extensive product portfolios within the frozen food market in Mexico. In Mexico, both online and offline stores offer a variety of options for purchasing frozen food products. Walmart Online, Amazon Mexico, Mercado Libre, Superama, and Soriana Super are online stores in which a variety of frozen food is available. These online platforms allow you to browse and purchase a wide range of frozen food products from the comfort of your own home. They often offer delivery services, allowing you to receive the products at your doorstep. There are also offline stores that provide a range of frozen food Walmart Supercenters, Soriana Supermarkets, Bodega Aurrera, Superama, Costco Wholesale, Chedraui Supermarkets, Oxxo convenience stores (offer a limited selection of frozen food items), La Comer Supermarkets, and H-E-B Supermarkets. These offline stores have dedicated sections or aisles that offer a variety of frozen food products. They provide options for in-store shopping, allowing you to personally select the products you want to purchase. The challenges of the frozen food market in Mexico include consumer perceptions favoring fresh food, cultural preferences for homemade meals, lack of awareness about the benefits of frozen food, limited cold chain infrastructure in certain regions, fluctuating commodity prices affecting production costs, competition from local traditional food vendors, and the need to adapt frozen food offerings to suit regional tastes and preferences. Additionally, logistical complexities, such as transportation and storage requirements, can pose challenges for manufacturers and distributors in ensuring the quality and safety of frozen food products throughout the supply chain. The future of the frozen food market in Mexico holds promise. Shifting consumer attitudes towards convenience, health, and sustainability are expected to drive the market. With increased education and awareness, consumers are likely to embrace the benefits of frozen food. Innovation will play a key role, with a focus on developing healthier, organic, and diverse frozen food options. E-commerce will continue to expand, offering convenient online purchasing and delivery services. Collaborations and partnerships within the industry will foster growth and market penetration. With government support and investment in infrastructure, the frozen food market in Mexico is poised for a positive trajectory. Considered in this report • Geography: Mexico • Historic year: 2017 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Mexico Frozen Food market with its value and forecast along with its segments • Country-wise Frozen Food market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Fruits & Vegetables • Potatoes • Ready meals • Meat and Poultry • Fish and Seafood By End Users • Commercial • Residential BY Sales Channel • Supermarket / Morden Retailer • Independent Retailer • Online shop The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Frozen Food Market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample