The Fruits And Vegetables Market in Mexico is being driven by Growth of organized retail sector
The Fruits And Vegetables Market in Mexico is expected to grow at a CAGR of 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 3125.2 million. The global food and beverage sector is witnessing a significant surge in demand for organic fruits and vegetables, with Mexico's market anticipated to experience growth during the forecast period. Organic produce, which is cultivated without synthetic fertilizers, chemical pesticides, artificial additives, or genetically modified organisms, is increasingly preferred worldwide due to its health benefits and environmental sustainability. The organic food export sector in Mexico, encompassing organically grown fruits and vegetables, is projected to expand during the forecast period. Organic agriculture not only preserves soil health but also protects the environment by avoiding the use of harmful chemicals. This farming method enhances soil nutrients, leading to the production of superior quality agricultural products.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
114 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2024-2028 |
USD 3125.2 million |
Market structure |
concentration |
YoY growth 2023-2024(%) |
4.2 |
Key countries |
Mexico and North America |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In Mexico's Fruits and Vegetables Market, innovation and sustainability are key focuses. Strategies include disease resistance breeding, crop diversification, soil health improvement, and water conservation. Techniques like fertilizer application, pesticide residue analysis, microbial inoculant application, and plant growth regulators enhance productivity. Genetic modification, tissue culture propagation, and seed production methods ensure high-quality produce. Climate-smart agriculture, carbon footprint reduction, energy efficiency measures, and wastewater recycling systems promote sustainability. Packaging material selection, transportation optimization, inventory management, and distribution network efficiency streamline operations. Retail display strategies, consumer purchasing behavior, economic modeling, risk management, farm labor productivity, and farm profitability analysis ensure business success. Environmental sustainability metrics, water use efficiency, and soil erosion control maintain long-term viability.
In the Mexican market, postharvest handling techniques play a crucial role in maintaining the quality and extending the shelf life of fruits and vegetables. Fruit ripening processes, such as ethylene control and temperature management, ensure optimal maturity and consumer appeal. Vegetable storage solutions, including controlled atmosphere storage and modified atmosphere packaging, preserve freshness and reduce spoilage. Crop yield optimization through soil nutrient management and irrigation scheduling strategies enhances overall market value. The global packaged foods and meats market, excluding food processing equipment manufacturers and beverage producers, is projected to grow significantly due to the health benefits associated with the consumption of minimally processed fruits and vegetables, which are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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