Fruits & Vegetables Market In Mexico Market Size (2024 - 2029)

Mexican Fruits And Vegetables Market Analysis

The Fruits & Vegetables Market In Mexico Market size is estimated at USD 3.80 billion in 2024, and is expected to reach USD 5.10 billion by 2029, growing at a CAGR of 5.90% during the forecast period (2024-2029).

• Mexico stands as the world's second-largest nation in terms of its vegan and vegetarian population. Data from the World Population Review indicates that in 2024, 9% of Mexicans identify as vegan, and 19% as vegetarian, highlighting the nation's strong inclination towards vegetable and fruit consumption. As more consumers in Mexico embrace vegan diets and healthy snacking becomes increasingly popular, fruits and vegetables are being integrated into a diverse range of food products. These include breakfast cereals, snack bars, soups, and more. Demand is particularly surging for snacks derived from fruits and vegetables, with favorites like berries, bananas, pineapples, tomatoes, and potatoes taking center stage. These selections are deeply rooted in regional cuisines and daily meals, given that commonly cultivated produce in Mexico includes tomatoes, bananas, chili peppers, oranges, lemons, limes, mangos, and avocados.
• Moreover, the Mexican government is rolling out several initiatives to bolster market growth. For instance, in February 2023, Canada and Mexico signed a memorandum of understanding (MOU) on organic food trade, recognizing the equivalence of their organic systems. This agreement permits fruits and vegetables certified under either the Canadian Organic Regime or Mexico's organic standards to bear the "organic" label in both countries. Furthermore, Mexico's agricultural sector is expanding, fueled by a population growth from 126.8 million in 2020 to 130.9 million in 2024, as reported by the World Population Review. Supporting this growth, FAOSTAT data reveals an increase in Mexico's vegetable production, rising from 14.8 million metric tons in 2021 to 15.6 million metric tons in 2022. Yet, challenges persist. One such instance is the Tomato brown rugose fruit virus (ToBRFV) posing a threat to the nation's agricultural output. In response, the industry is cultivating resistant varieties. A significant step in this direction was Hazera's launch of ToBRFV-resistant tomato varieties in Mexico in November 2022, underscoring the industry's commitment to enhancing production resilience and tackling vegetable production challenges.

Mexican Fruits And Vegetables Industry Segmnetation

Fruits and vegetables include various edible parts of plants, such as fruits, leaves, stems, shoots, and roots. These plant parts can be cultivated or collected from the wild and are usually consumed raw or with minimal processing. The Mexican market for fruits and vegetables is divided by crop type into two main categories such as fruits and vegetables. This report provides a comprehensive analysis of the production (in volume), consumption (both in volume and value), imports (in volume and value), exports (in volume and value), and price trends of fruits and vegetables in Mexico. Additionally, the report presents market estimates and forecasts, detailing both volume (in metric tons) and value (in USD million) for the studied segment.