Key Market Indicators
Sales of sweeteners in Mexico are projected to climb to approximately 6,040 thousand metric tons by 2028, up from around 6,020 thousand metric tons in 2023. This represents a modest annual growth rate of 0.1%. Since 2019, the Mexican market has seen a steady increase, growing by 0.4% each year. On the production front, Mexico is expected to produce about 8,590 thousand metric tons of sweeteners by 2028, a rise from roughly 8,090 thousand metric tons in 2023. This translates to an average annual growth rate of 0.9%. Since 2019, the country's sweetener supply has expanded at an annual rate of 1.2%. In 2023, Mexico ranked as the seventh-largest producer of sweeteners globally, with China taking the lead at around 8,090 thousand metric tons. Brazil, the United States, and Thailand followed in second, third, and fourth positions, respectively.
