PROSPECTS AND OPPORTUNITIES
Snack innovations to offer fortified and functional options that align with health goals
As Mexican consumers continue aligning their dietary choices with their health and wellness goals, innovations will focus on low and no sugar, fat and salt products. As disposable incomes improve, consumers will become more willing to spend on health and wellness benefits, with companies investing in new snack products.
Low fat products gain ground as government initiatives shape product innovations
Across the forecast period, many consumers will continue reducing potentially harmful ingredients from their diets, including fat, sugar and salt. This is also expected to underpin growing demand for gluten free options, sought by those with intolerances and those looking to remove gluten for gut health and wellness benefits.
Keto snacks increase appeal as consumers look for specific diets to manage weight
A diet choice that is set to continue gaining ground over the forecast period is the keto diet. This diet involves significantly reducing carbohydrate intake while replacing it with a fat intake, with the perception that the body will then burn body fat for energy.
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Overview:
Understand the latest market trends and future growth opportunities for the HW Snacks industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Snacks industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The HW Snacks in Mexico report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of HW Snacks in Mexico?
- What are the key health and wellness concerns driving sales in HW Snacks?
- Is HW Snacks a dynamic niche or mainstream concern in Mexico?
- Which are the leading brands in HW Snacks in Mexico?
- How are products distributed in HW Snacks in Mexico?
- How has COVID-19 and accordant recession impacted sales? Which categories have seen rising demand? Which are most vulnerable to economic disruption and diminished consumer confidence?
- Where is future growth expected to be most dynamic?
HW Snacks in Mexico - Category analysis
KEY DATA FINDINGS
Gluten free leads the landscape, increasingly embraced by consumers without intolerances
Growth for plant-based snacks as more consumers look to avoid dairy
Rising diabetes and obesity concerns drive double-digit growth for no sugar snacks
Snack innovations to offer fortified and functional options that align with health goals
Low fat products gain ground as government initiatives shape product innovations
Keto snacks increase appeal as consumers look for specific diets to manage weight
Health and Wellness in Mexico - Industry Overview
Health and wellness in focus
Consumer weight trends
Consumer diet trends
Health-related deaths
Blood pressure and cholesterol levels
Diabetes prevalence
DISCLAIMER
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our HW Snacks research and analysis database.
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