The forecast for Mexico's wheat market size indicates a gradual decline in per capita volume from 28.77 kilograms in 2024 to 27.43 kilograms in 2028. Compared to 2023, where the per capita volume stood at 29.12 kilograms, this represents a consistent year-on-year decrease. The year-on-year percentage variations highlight a steady reduction: -1.22% in 2025, -1.16% in 2026, -1.18% in 2027, and -1.19% in 2028. The five-year Compound Annual Growth Rate (CAGR) for this period is -1.24%, indicating an average annual decrease in per capita wheat consumption over the forecast period.
Future trends to watch for include potential changes in consumer preferences towards alternative grains, economic factors affecting wheat affordability, and policy changes impacting agricultural production. Monitoring these factors will be crucial for understanding market dynamics and making informed strategic decisions.
