The production volumes of beverages in Mexico have shown a steady increase over the years, with a notable dip in 2020. The Compound Annual Growth Rate (CAGR) for the past five years (2018-2023) reflects a slight deceleration, moving from a CAGR of 4.03% in 2018 to 1.85% by 2023. The forecasted data suggests a continued, albeit slower, growth trend with a forecasted 5-year CAGR (2023-2028) of 1.47%, resulting in a total forecasted growth rate of 7.59% by 2028.
Future trends to watch include the impact of evolving consumer preferences, such as the increasing demand for healthier and sustainable beverage options, and how these will influence production volumes in Mexico.
