Research and Markets: Mexico Coffee Market Report 2014-2018: Grupo LALA, Nestl, Sabormex & Sigma Alimentos Dominate the Industry
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hfkszw/coffee_market_in) has announced the addition of the "Coffee Market in Mexico 2014-2018" report to their offering.
The Coffee market in Mexico on the basis of revenue and volume to grow at a CAGR of 5.42 percent and 5.19 percent, respectively, over the period 2013-2018.
The Coffee market in Mexico can be classified into the following segments based on product: Fresh Roasted and Ground Coffee, Instant Coffee, RTD Coffee, and Coffee Pod. This report covers the present scenario and the growth prospects of the Coffee market in Mexico for the period 2014-2018. To calculate the market size, the report considers the total sales and consumption of coffee in Mexico.
Mexico has been witnessing a high demand for single-serve coffee pods. The Coffee Pod segment is expected to grow at a CAGR of 12 percent during the forecast period, unlike the remaining segments in the market that are expected to grow at a CAGR of 5 percent, on average. Some major factors that drive the growth of single-serve coffee pods are convenience, the increasing per capita consumption, consistency in taste and quality, and the availability of different varieties and flavors
According to the report, a rise in consumer income, the demand for organic coffee, and the emergence of a growing number of new cafés has increased the per capita consumption of coffee. This increase in per capita consumption and the high demand for coffee from Mexico's working population drives the Coffee market in Mexico.
Further, the report states that the rise in the prices of raw materials such as coffee beans has had a negative impact on the market's growth. The gap in the demand and supply of raw materials is also growing due to low production, increasing natural calamities, and rising labor costs, making it difficult for vendors to strive in the market.
The report also includes a discussion of the other vendors operating in this market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Grupo LALA
- Sigma Alimentos
Other Prominent Vendors
- Mondelez International
For more information visit http://www.researchandmarkets.com/research/hfkszw/coffee_market_in