Latest News- Mexican Food Market: Tortillas is expected to lead the Type segment during 2025-2029

The Mexican Food Market is being driven by Growing demand for convenience foods

The Mexican Food Market is expected to grow at a CAGR of 6.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 114.3 billion. In the dynamic Mexican Food Market, online ordering systems have emerged as a more efficient solution compared to traditional telephone orders. Eliminating communication errors and ensuring orders are not lost during peak hours are significant advantages for takeaway restaurants. Furthermore, online platforms enable direct access to valuable consumer feedback and often result in increased order values due to the engaging nature of digital menus. To expand their customer base, many Mexican food establishments have adopted mobile app-based ordering systems, offering both meal delivery and takeaway options. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Tortillas
  • Tacos
  • Burritos
  • Enchiladas
  • Others
• Distribution Channel
  • Supermarkets and hypermarkets
  • Online retailers
  • Foodservice
  • Specialty stores
• End-user
  • Ethnic consumers
  • Millennials and Gen Z
  • Health-conscious consumers
  • Gourmet food enthusiasts
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for convenience foods
• Growing demand for Mexican food
• Increasing investment by international players

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations
• Potential food contamination
• Risks associated with suppliers

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Market Scope in Mexican Food Market Research Report

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Research Analysis Overview

Mexican food markets are a must-visit for sun seekers and food lovers alike, offering a diverse range of authentic Mexican dishes. Indulge in breakfast favorites like Chilaquiles made with corn tortillas, salsa, and scrambled eggs, or try traditional Mexican staples such as corn chips, mole, and cheese. Savor the flavors of Pozole, a red soup made with beans, hominy corn, and meat like chicken or pork. Vegetarians can enjoy frijoles (refried beans) and vegetable-based dishes. Don't forget to try pre-Hispanic dishes with ritual sacrifices of chicken and pork, seasoned with herbs, spices, and served in tortillas, like Tacos al pastor and minced beef tacos. Radishes, greens, and salsa add freshness to every meal.

Market Research Overview

The Mexican food market, a segment of the global packaged foods and meats industry, caters to holiday destinations and food lovers seeking authentic culinary experiences. Key offerings include Chilaquiles, a traditional breakfast dish made from corn tortillas, simmered in salsa, and topped with cheese, avocado, and fried eggs. Corn chips, another popular Mexican snack, are often paired with savory dips such as mole, a complex, rich sauce made from chilies, nuts, and chocolate. This market segment experiences growth due to increasing consumer preference for minimally processed foods, which offer health benefits such as potassium, dietary fiber, folate, vitamin A, and vitamin C. Manufacturers focus on food processing techniques to eliminate microorganisms and extend shelf life, contributing to the market's expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/