The Fruits and Vegetables Market In Mexico to increase by USD 4.26 billion from 2021 to 2026 | The growth of the organized retail sector to boost market growth- Technavio

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- The fruits and vegetables market in Mexico is expected to grow by USD 4.26 billion from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 5.93% during the forecast period. The growth of the organized retail sector is notably driving the fruits and vegetables market in Mexico. However, factors such as Food contamination from fruits and vegetables may impede market growth. The market is segmented by product type (non-organic fruits and vegetables and organic fruits and vegetables) and distribution channels (offline and online). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format 

Key Segment Analysis

The market is segmented by product type (Non-organic fruits and vegetables and organic fruits and vegetables) and distribution channels (offline and online).

The fruit and vegetable market share growth in Mexico by the non-organic fruits and vegetable segment will be significant during the forecast period. Non-organic fruits and vegetables are produced in the conventional way, which includes the use of artificial chemicals, fertilizers, and pesticides, among others. In the case of nonorganic agriculture, chemical fertilizers will be used to promote plant growth and pesticide applications are targeted at reducing risks for pest infestation and disease. The major fruit and vegetable crops cultivated in the country are citrus fruits, melons, tomatoes, and tropical fruits. In Mexico, oranges and tomatoes are the most important commodities in the fruit and vegetables market.

Furthermore, the country produced 4.65 million tons of oranges and 4.14 million tons of tomatoes in 2020. Due to the country's varying climate, which varies from equatorial to temperate zones, farmers can produce a wide variety of fruits and vegetables. Only about 20% of Mexico's fruit and vegetable production is exported, with the rest going to the country's huge and growing local market. Thus, Mexico's excellent weather, increase in protected agricultural crops, and strong export demand for these products, especially from the US, are all expected to contribute to the growth of this segment during the forecast period.

To know additional highlights and key points on various market segments and their impact in coming years, View the PDF Sample Report.

Company Insights 
The fruits and vegetables market in Mexico is concentrated, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including FUND SA DE CV, C.H. Robinson Worldwide Inc., Chiquita Brands International Sarl, Coburch SA de CV, Dmass Business SA de CV, Dole Food Co. Inc., MERIDIAN FRUITS SPR DE RL DE CV, REYES GUTIERREZ SL, Sysco Corp., Total Produce Plc, Vivero Caramyau SPR de RL de CV, and ZAVOCADO

View the PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product Type

Market Segmentation by Distribution Channel

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio