From 2013 to 2023, the harvested area for chicory and lettuce in Mexico experienced both growth and minor fluctuations, reaching 22.54 thousand hectares in 2023. YoY variation was 1.77% in 2023, and the 5-year CAGR stood at 1.89%. Notably, there were periods of decline in 2016 and 2018 but overall growth was maintained with peaks in years such as 2015 and 2017.
Looking forward, forecasts indicate a continued, albeit modest, growth with the area reaching 24.39 thousand hectares by 2028. The forecast 5-year CAGR is projected at 1.24%, with a forecast 5-year growth rate of 6.37%.
Future trends to watch for:
- Technological advances in agriculture which may boost efficiency and yield.
- Changes in consumer demand for chicory and lettuce due to dietary trends.
- Impact of climate change which may cause unforeseen fluctuations in harvestable areas.