Market Size of Mexico Food Additives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.57 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mexico Food Additives Market Analysis
The Mexico Food Additives market is projected to grow at a CAGR of 4.57% during the forecast period (2020 - 2025).
- Food additives comprise of a varied number of additives being utilized in numerous end-user industries. For example, there is an increasing demand for zero-calorie sweeteners in the country. Therefore, an increasing number of food and beverages manufacturers are launching zero calories beverages in the market.
- The demand for convenient food products has recorded robust growth, owing to changing lifestyles and dietary preferences. Food additives such as preservatives, emulsifiers, stabilizers, and others, enhance the nutritional profile of the packaged food and extend their shelf-life, thereby pushing for higher demands.