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Mexico Meat - Market Assessment and Forecasts to 2024

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    Report

  • 131 Pages
  • November 2020
  • Region: Mexico
  • GlobalData
  • ID: 5205664
Summary

The Mexican meat sector was led by fresh meat (counter) category in both value and volume terms in 2019. Furthermore, the frozen meat category is forecast to register fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of meat in the country. Rigid plastics was the most commonly used pack material in Mexico. Alfa Group, Cargill Inc. and Grupo Bafar are the leading players in the Mexican meat sector.

This report on the meat sector in Mexico provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

What else is contained?
  • Sector data: Overall sector value and volume data with growth analysis for 2014-2024
  • Category coverage: Value and growth analysis for ambient meat, chilled raw packaged meat - processed, chilled raw packaged meat - whole cuts, cooked meats - counter, cooked meats - packaged, fresh meat (counter) and frozen meat with inputs on individual segment share within each category and the change in their market share forecast for 2019-2024
  • Leading players: Market share of compaines (in value terms) and private labels (in value terms) in 2019
  • Distribution data: Percentage of sales within each category through distribution channels such as convenience stores, food & drinks specialists, hypermarkets & supermarkets, eretailers, cash & carries & warehouse clubs, “dollar stores”, variety stores & general merchandise retailers, department stores, direct sellers and other general retailers.
  • Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, can, film, tray, bag/sachet, tub, stand up pouch, carton - folding, clamshell, specialty container, blister pack and other pack type, closure type for: twist off, film, prize off, plastic tie, screw top, foil and other closure types, primary outer types for: carton - folding, sleeve, bag, shrink wrap.

Scope
  • Both per capita consumption and expenditure of meat was higher in Mexico than the global level and the regional level in 2019
  • The per capita consumption of fresh meat (counter) was higher than other meat categories in 2019
  • Hypermarkets & supermarkets is the leading channel for the distribution of meat in the country
  • Rigid plastics specialists is the leading distribution channel in the Mexican meat sector - Alfa Group, Cargill Inc., and Grupo Bafar are the leading players in the country.

Reasons to Buy
  • Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
  • Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
  • Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
  • Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
  • The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
  • Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

Table of Contents

Report scope
  • Executive summary

Part 1: Market Environment
  • Value and volume share of Mexico in the global and Latin American markets
  • Growth analysis of Mexico compared to other leading countries in the Latin America market
  • PCC and PCE of Mexico compared to global and Latin America market

Part 2: Sector Deep Dive
  • Mexico meat sector snapshot
  • Market size analysis
  • Cross-category comparison - value growth analysis and category winners and losers
  • Cross-category comparison - volume growth analysis and category winners and losers

Part 3: Category Deep Dive
  • Per capita consumption analysis by category
  • Market size analysis - category: ambient meat
  • Segment-level analysis (in value terms) - ambient meat
  • Segment-level analysis (in volume terms) - ambient meat
  • Market size analysis - category: chilled raw packaged meat - processed
  • Segment-level analysis (in value terms) - chilled raw packaged meat - processed
  • Segment-level analysis (in volume terms) - chilled raw packaged meat - processed
  • Market size analysis - category: chilled raw packaged meat - whole cuts
  • Segment-level analysis (in value terms) - chilled raw packaged meat - whole cuts
  • Segment-level analysis (in volume terms) - chilled raw packaged meat - whole cuts
  • Market size analysis - cooked meats - counter
  • Market size analysis - cooked meats - packaged
  • Segment-level analysis (in value terms) - cooked meats - packaged
  • Segment-level analysis (in volume terms) - cooked meats - packaged
  • Market size analysis - category: fresh meat (counter)
  • Segment-level analysis (in value terms) - fresh meat (counter)
  • Segment-level analysis (in volume terms) - fresh meat (counter)
  • Market size analysis - category: frozen meat
  • Segment-level analysis (in value terms) - frozen meat
  • Segment-level analysis (in volume terms) - frozen meat

Part 4: Distribution Analysis
  • Channel share analysis

Part 5: Competitive Environment
  • Leading companies value and volume share
  • Brand share analysis of top five companies
  • Brand share analysis of top five companies by category
  • Private label share analysis by category
  • Growth of private labels compared to branded products
  • Degree of consolidation/fragmentation by category

Part 6: Health & Wellness Analysis
  • Health & wellness analysis by category
  • Health & wellness analysis by product attributes
  • Health & wellness analysis by consumer benefits
  • Cross category comparison- products with H&W Vs. non H&W claims

Part 7: Packaging Analysis
  • Pack material growth analysis
  • Pack type growth analysis
  • Closure type growth analysis
  • Primary outer type growth analysis

Part 8: City Deep Dive
  • Market size analysis of top eight cities
  • Market size analysis of top eight cities by category
  • Leading cities contribution to volume growth

Part 9: Consumergraphics
  • Demographic analysis

Part 10: Macroeconomic Analysis
  • GDP growth and inflation
  • Population growth
  • Labor market trend
  • Economic summary, labor market trends, and demographic trends
  • Mexico risk index (GCRI) 2019
  • Mexico risk analysis - compared to global and Latin American markets

Methodology
  • Definitions
  • Appendix

List of Tables
  • Leading value categories
  • Fastest-growing segments (value), 2019
  • Cross-category comparison - by value (2014-2024)
  • Cross-category comparison - by volume (2014-2024)
  • Per capita consumption (by category), Mexico compared to Latin America and global levels (in kg), 2019
  • Ambient meat - value analysis by segment, 2014-2024
  • Ambient meat - volume analysis by segment, 2014-2024
  • Chilled raw packaged meat - processed - value analysis by segment, 2014-2024
  • Chilled raw packaged meat - processed - volume analysis by segment, 2014-2024
  • Chilled raw packaged meat - whole cuts - value analysis by segment, 2014-2024
  • Chilled raw packaged meat - whole cuts - volume analysis by segment, 2014-2024
  • Cooked meats - packaged - value analysis by segment, 2014-2024
  • Cooked meats - packaged - volume analysis by segment, 2014-2024
  • Fresh meat (counter) - value analysis by segment, 2014-2024
  • Fresh meat (counter) - volume analysis by segment, 2014-2024
  • Frozen meat - value analysis by segment, 2014-2024
  • Frozen meat - volume analysis by segment, 2014-2024
  • Change in distribution share, 2014-2019
  • Top five companies share by brand (in value and volume terms) in the meat sector, 2019
  • Brand shares of top five companies (in value and volume terms) by category, 2019
  • Category comparison- with H&W and non- H&W claims, 2014-2024
  • Performance overview (score: 1-100)
  • Category data, by segment
  • Per capita consumption (in kg), 2014-2024
  • Per capita expenditure (US$), 2014-2024
  • Meat sales distribution in Mexico - by category (Mex$ million), 2019

List of Figures
  • Value and volume share of Mexico in the global and Latin America meat sector, 2019-2024
  • Mexico compared to the other top countries in terms of market share, growth, and competitive landscape
  • PCC comparison - Mexico, Latin America, and global, 2014-2024
  • PCE comparison - Mexico, Latin America, and global, 2014-2024
  • Market size and growth analysis by value and volume, meat sector, 2014-2024
  • Cross-category comparison - value growth analysis and category winners and losers
  • Cross-category comparison - volume growth analysis and category winners and losers
  • Market size and growth analysis by value and volume, ambient meat category, 2014-2024
  • Market size and growth analysis by value and volume, chilled raw packaged meat - processed category, 2014-2024
  • Market size and growth analysis by value and volume, chilled raw packaged meat - whole cuts category, 2014-2024
  • Market size and growth analysis by value and volume, cooked meats - counter category, 2014-2024
  • Market size and growth analysis by value and volume, cooked meats - packaged category, 2014-2024
  • Market size and growth analysis by value and volume, fresh meat (counter) category, 2014-2024
  • Market size and growth analysis by value and volume, frozen meat category, 2014-2024
  • Share of key distribution channels (in value terms) - meat, 2019
  • Key distribution channel share by category (in value terms), 2019
  • Leading companies (in value and volume terms) in the meat sector, 2019
  • Private label penetration by category (in value terms), 2019
  • Growth analysis, private label and brands, 2014-2019
  • Category-wise consolidation/fragmentation (in value terms) - meat , 2019
  • Prominence of health & wellness claims by category, US$ million, 2019-2024
  • Contribution of health & wellness by product attributes, US$ million, 2019-2024
  • Contribution of health & wellness by consumer benefits, US$ million, 2019-2024
  • Key pack materials in the Mexican meat sector, percentage share of pack units, 2019
  • Annual growth rate by key pack material, 2014-2024
  • Use of pack material by category (in pack units), 2019

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alfa Group
  • Cargill Inc.
  • Grupo Bafar
  • Kurson Kosher Sa De Cv
  • Frigorifico Tacuarembo S.A.
  • Qualtia Alimentos