The market is dominated by domestic suppliers, as imports account for 47.0% of total market size in 2023. Households drive market demand, with household spending representing 80.6% of total demand in 2023. Mexico has the third largest market size for wines and cider regionally, with demand reaching USD2.0 billion in 2023. Comercializadora de Vinos Alianza SA de CV is the largest company in Mexico, generating 18.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 27.9% of total production value in 2023. The total number of companies increases in 2023, to 5,134 units. The costs of the industry increase by 17.6% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 34.8% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 51.6% of total production output. With production value of USD1.1 billion, Mexico accounts for 10.7% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Wines and Cider in Mexico: ISIC 1552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wines and Cider in Mexico: ISIC 1552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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