Mexico: Food Processing Ingredients Annual
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Mexico's gross domestic product (GDP) surpassed $1.8 trillion in 2024. The economy continues to grow, and it is driven by population growth, consumer demand for convenience, premium, and health-conscious products. The U.S. remains Mexico’s top supplier of food ingredients, with bilateral agricultural trade reaching $79 billion in 2024. The food processing industry represented four percent of Mexico’s GDP in 2024. Processed meat, dairy, and bakery goods dominate the sector, supported by strong consumer demand and ongoing product innovation. Leading companies like Grupo Bimbo, Coca-Cola, Sigma Alimentos, and Gruma shape the market. Mexico’s proximity to the United States, robust trade agreements, dynamic industry landscape, and evolving consumer preferences, offer numerous opportunities for U.S. food ingredient exporters.
