The volume in the 'Milk Substitutes' segment of the food market in Mexico was forecast to continuously increase between 2024 and 2029 by in total 74.2 thousand tons (+54.06 percent). After the tenth consecutive increasing year, the volume is estimated to reach 211.46 thousand tons and therefore a new peak in 2029. Notably, the volume of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
Milk substitutes refer to any type of milk not derived from animals. The Milk Substitutes market covers all types of plant-based milk such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Consumer Market Insights. (December 3, 2024). Market volume of milk substitutes in Mexico from 2019 to 2029 (in million kilograms) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/
Statista Consumer Market Insights. "Market volume of milk substitutes in Mexico from 2019 to 2029 (in million kilograms)." Chart. December 3, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/
Statista Consumer Market Insights. (2024). Market volume of milk substitutes in Mexico from 2019 to 2029 (in million kilograms). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/
Statista Consumer Market Insights. "Market Volume of Milk Substitutes in Mexico from 2019 to 2029 (in Million Kilograms)." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/
Statista Consumer Market Insights, Market volume of milk substitutes in Mexico from 2019 to 2029 (in million kilograms) Statista, https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/ (last visited December 21, 2024)
Market volume of milk substitutes in Mexico from 2019 to 2029 (in million kilograms) [Graph], Statista Consumer Market Insights, December 3, 2024. [Online]. Available: https://www.statista.com/statistics/1413460/mexico-milk-substitutes-market-volume/