Forecast: Alcoholic Beverages Production in Mexico

The production of alcoholic beverages in Mexico has shown a robust growth trajectory from 2014 to 2023. The volume stood at 13.59 million metric tons in 2023, with the production increasing consistently each year, barring minor dips in 2019 and 2020. Significant year-on-year growth was observed, particularly from 2015 (12.54%) and 2018 (8.54%). The average annual growth rate (CAGR) over the past five years was 1.58%, indicative of steady though modest expansion.

Moving forward, from 2024 to 2028, a forecast 5-year CAGR of 1.47% and an overall growth rate of 7.55% suggest continued expansion in the sector. Key future trends to monitor include potential shifts in consumer preferences toward premium and artisanal beverages, the impact of regulatory changes on production volumes, and the influence of global market dynamics on export demand.

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