Forecast: Alcoholic Beverages Processing in Mexico

The alcoholic beverages processing industry in Mexico demonstrated notable growth from 2014 to 2023, with volumes increasing from 79.0 thousand metric tons to 108.0 thousand metric tons in 2023. This growth corresponds to a year-on-year increase of 1.89% in 2023. Over the last five years, the industry recorded a compound annual growth rate (CAGR) of 1.15%. The industry experienced fluctuations in growth rates, with significant upswings in 2015 (8.86%) and 2018 (9.68%), and a minor decline in 2017 (-1.06%).

Looking forward, the forecast data projects a continued expansion, with volumes expected to reach 116.0 thousand metric tons by 2028 and a forecasted 5-year CAGR of 1.07%. This indicates a steady but modest growth trajectory.

Future trends to watch for include:

  • Potential market adjustments in response to economic shifts or regulatory changes.
  • Emerging consumer preferences towards premium and craft alcoholic beverages.
  • Technological advancements in production processes to enhance efficiency and sustainability.

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