Industry revenue of “Soft drinks and other nonalcoholic beverages manufacturing“ in Mexico 2011-2023

Industry revenue of “Soft drinks and other nonalcoholic beverages manufacturing“ in Mexico from 2011 to 2023 (in million U.S. Dollars)

by Philipp Huhn, last edited Sep 19, 2019
Industry revenue of “Soft drinks and other nonalcoholic beverages manufacturing“ in Mexico 2011-2023 The soft drinks and other nonalcoholic beverages manufacturing revenues in Mexico grew at a robust pace between 2011 and 2017. However, according to estimates by Statista based on data gathered by INEGI, the growth rate is expected to slow down, with market valuing 11.7 million U.S. dollars by 2023, up only marginally from 10.1 million U.S. Dollars in 2018.

Carbonated drinks dominate the market

The sales of carbonated soft drinks in Mexico, which accounted for the second highest share among all soft drinks categories, increased from 16.4 billion liters in 2014 to 17.9 billion liters by 2018. Notably, Mexico had the highest per capita carbonated soft drink consumption in 2018, followed by the U.S. and Brazil. However, the U.S. market generated the highest sales mainly due to its larger population.

Organic soft drinks consumption on the rise

With the World Health Organization (WHO) estimating over 30% of Mexico’s adult population as obese, consumers are now gradually consuming fresher and healthier products. Organic soft drinks is one such product category to have benefitted from this change in consumer habits, with the per capita consumption of carbonated soft drinks declining between 2013 and 2018.

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Industry revenue of “Soft drinks and other nonalcoholic beverages manufacturing“ in Mexico from 2011 to 2023 (in million U.S. Dollars)

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