As of 2023, the actual domestic consumption of cheese in Mexico stood at 625.0 thousand metric tons. Forecasts from 2024 to 2028 indicate a steady year-on-year increase in cheese consumption. Specifically, consumption is expected to grow by approximately 1% to 2% each year, reaching 656.0 thousand metric tons by 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around 1.55%, indicating a moderate yet consistent growth trend.
Future trends to watch for include:
- Increasing consumer interest in healthier and organic cheese options.
- Potential changes in import-export dynamics due to trade policies.
- Technological advancements in cheese production and preservation.
