$215.1bn
$XX.Xbn
442k
147k
$XX.Xbn
Demand for bread and tortilla products in Mexico has been strong during the period. However, revenue performance for the Bakery Products and Tortilla Manufacturing industry has been meager at best. Over the five years to 2019, industry revenue has increased an annualized 0.3% to reach MXN $215.1 billion, with expected growth of 1.9% in 2019 alone. Overall, industry conditions have been beneficial, but revenue growth has been weak due to the dynamic of exchange rates and the Mexican wheat supply. In short, industry revenue has been pushed down by falling prices, which have been further compounded via the import of lower-cost foreign wheat, though increases in demand for industry products have enabled a greater quantity of industry products to be sold, thereby increasing industry revenue marginally.
Industry revenue has grown at a CAGR of 0.3% over the past five years, to reach an estimated $215.1bn in 2019.
Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
---|---|---|---|---|
Grupo Bimbo SAB de CV | ||||
Flowers Foods, El Paso Baking Co. de Mexico | ||||
Campbell Soup Company |
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Industry revenue is measured across several distinct product and services lines, including Industrial bakery, Traditional bakery and Cookie and pasta production. Industrial bakery is the largest segment of the Bakery Products & Tortilla Manufacturing in Mexico.
• Industrial bakeries, this industry's largest product group, account for 40.3% of industry revenue in 2019.
Demand for bread and tortilla products in Mexico has been strong during the period. However, revenue performance for the Bakery Products and Tortilla Manufacturing industry has been meager at best. Over the five years to 2019, industry revenue has increased an annualized 0.3% to reach MXN $215.1 billion, with expected growth of 1.9% in 2019 alone. Overall, industry conditions have been beneficial, but revenue growth has been weak due to the dynamic of exchange rates and the Mexican wheat supply. In short, industry revenue has been pushed down by falling prices, which have been further compounded via the import of lower-cost foreign wheat, though increases in demand for industry products have enabled a greater quantity of industry products to be sold, thereby increasing industry revenue marginally.
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NAICS 31181MX - Bakery Products & Tortilla Manufacturing in Mexico
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
World price of wheat. The world price of wheat will determine the cost of wheat flour, a major input for industry operators. As Wheat prices rise, industry revenue will also r...
Learn about an industry's products and services, markets and trends in international trade.
• Industrial bakeries, this industry's largest product group, account for 40.3% of industry revenue in 2019. This segment includes this industry's largest operators, prod...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The disposition of industry establishments will typically follow the distribution of the Mexican population. For example, the West region is home to 11.3% of industry establis...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Inputs. Access to quality inputs at fair prices will ensure greater operational efficiencies and better production conditions.
Learn about the performance of the top companies in the industry.
Grupo Bimbo SAB de CV is one of the world's largest bread and tortilla producers in the world. With 197 manufacturing facilities around the world, Grupo Bimbo is known worldwi...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Federal Commission for the Protection against Sanitary Risk governs the trade and operations of those establishments primarily involving food and food products to be consu...
Including values and annual change:
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The market size of the Bakery Products & Tortilla Manufacturing industry in Mexico is $215.1bn in 2019.
There are 147k businesses in the Bakery Products & Tortilla Manufacturing industry in Mexico, which has declined at a CAGR of 0.4% between 2014 and 2019.
The market size of the Bakery Products & Tortilla Manufacturing industry in Mexico has been at a CAGR of 0.3% between 2014 and 2019.
The Bakery Products & Tortilla Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
The biggest companies operating in the Bakery Products & Tortilla Manufacturing market in Mexico are Grupo Bimbo SAB de CV, Flowers Foods, El Paso Baking Co. de Mexico and Campbell Soup Company
Bread manufacturing and Cookie manufacturing are part of the Bakery Products & Tortilla Manufacturing industry.
The company holding the most market share in Mexico is Grupo Bimbo SAB de CV.
There are 442k employed in the Bakery Products & Tortilla Manufacturing industry in Mexico 2019.