Mexico: Food Processing Ingredients

  |   Attaché Report (GAIN)

Due to a weakening peso against the U.S dollar as well as a series of much needed measures by the Mexican government to control a growing obesity crisis, Mexico’s processed food industry only grew one and a half percent against the four percent growth that was expected. Nonetheless, there were several categories that exceeded or at least kept their expected growth such baked goods, dairy, condiments and sauces. The strongest food categories in Mexico are baked goods and tortilla products followed by dairy, meat processing and packing, and confectionary products. Products with the highest growth potential are healthy processed foods, premium or niche market products, dairy variety products such as yogurt, and ready to eat meals.

Mexico: Food Processing Ingredients

 

Related Reports

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.