Skip to content

Food Processing in Mexico Market Players Analysis

Products and Services

This section provides a detailed report on the top 10 market players in the Mexican food processing industry, outlining their main products and services and analyzing available information on their volume and revenue trends for 2023 and 2024.

Grupo Bimbo: Grupo Bimbo is a global leader in the baking industry with a significant presence in Mexico. Their main products include a wide range of baked goods such as sliced bread, buns, cookies, pastries, cakes, and salty snacks. Key brands in Mexico include Bimbo, Marinela, Barcel, Tia Rosa, and Sara Lee. In 2024, Grupo Bimbo's net sales in Mexico grew by 4%, driven by positive volume contribution across most categories, particularly buns and rolls, cookies, cakes, and salty snacks. Full-year net sales globally reached US$21.74 billion in 2024, a decrease from $23.01 billion in 2023. However, in Mexico specifically, net sales increased from MXN 151.16 billion in 2023 to MXN 151.164 billion in 2024. The company's net profit saw a significant decline globally in 2024.

Coca-Cola Femsa: Coca-Cola Femsa is one of the largest Coca-Cola bottlers globally and a major player in the Mexican beverage market. Their primary products include a variety of Coca-Cola trademark beverages, as well as other non-alcoholic beverages like flavored waters and juices. For the full year 2024, Coca-Cola FEMSA's total revenues and income from operations grew by 14.3% and 25.0%, respectively, compared to 2023. Total revenues increased by 8.1% in 2023. Volume growth in key markets like Mexico contributed to these results. In the fourth quarter of 2024, total revenues increased by 19.4% compared to the same period in 2023.

Arca Continental: Arca Continental is another major Coca-Cola bottler operating in Mexico and other countries. They produce, distribute, and market beverages under The Coca-Cola Company brand, including soft drinks, bottled water, and juices. They also have a snacks business under the Bokados brand in Mexico. In 2024, Arca Continental's net sales totaled MXN 237,004 million, a 10.9% increase compared to 2023. Full-year 2024 revenue was $12.74 billion, an increase over the $12.42 billion in 2023. In the first quarter of 2025, sales grew by 12.4% year-on-year. Revenue in Mexico remained stable in Q1 2025, while the U.S. and South America operations saw increases. Total beverage volume showed a slight decline of 0.3% in the full year 2024 compared to 2023, but Q4 2024 showed a 3.5% increase in volume.

Sigma Alimentos: Sigma Alimentos is a leading company in the Mexican food industry, specializing in proteins and refrigerated foods. Their product portfolio includes cooked and dry meats (ham, sausage, bacon), dairy products (yogurt, cheese, cream), and prepared meals. They market products under brands like Fud, San Rafael, and Yoplait. Sigma reported its fourth consecutive year of revenue growth in 2024, reaching US$8.804 billion, a 4% increase compared to US$8.505 billion in 2023. Full year 2024 volume was up 3% compared to 2023, marking the third consecutive year of volume growth. In Mexico, Sigma experienced a 13% increase in revenue in local currency in Q4 2024, contributing to a 5% increase in full-year revenues in Mexico for 2024 compared to 2023.

PepsiCo Alimentos México: PepsiCo Alimentos México maintains a strong market position, particularly in snacks and beverages. Their diversified portfolio includes recognized snack brands. While specific detailed product lists and recent volume/revenue growth figures for Mexico were not readily available in the provided text, PepsiCo is a major global food and beverage corporation, indicating a wide range of products in the Mexican market, likely including chips, snacks, and various beverages.

Gruma: Gruma is a world leader in the production of corn flour and tortillas. Their main products include corn flour (Maseca) and tortillas (Mission, Guerrero). They also offer corn chips and flatbreads. Gruma's net sales globally were US$5.5 billion in 2022. While specific 2023 and 2024 figures solely for Mexico were not detailed for revenue and volume, Gruma is a leader in tortilla and corn product volumes globally. Their strategy focuses on core products in key markets like the United States and Mexico.

Grupo Lala: Grupo Lala is a principal company in the dairy industry in Mexico. Their product range includes milk, yogurt, cheese, cream, butter, desserts, and juices. Key brands include Lala and Nutrileche. In 2020, Lala's sales in Mexico increased by 6.7%. While recent comprehensive volume and revenue growth figures for 2023 and 2024 were not available in the provided text, Grupo Lala is a major player in the dairy sector with a wide distribution network in Mexico.

Nestlé México: Nestlé México is part of the global Nestlé company and is involved in various food processing activities. Their diverse product portfolio in Mexico includes chocolate, ice cream, cereals, coffee, culinary products, water, dairy products, and baby food. Brands like Nescafé, La Lechera, and Abuelita are well-known. Nestlé México has a dominant position in baby food and also holds strong positions in powdered milk, condensed milk, and coffee whiteners. While specific recent volume and revenue growth percentages for 2023 and 2024 were not detailed in the provided text, the company focuses on innovation and tailoring products to consumer demands, including healthy options.

Mondeléz México: Mondeléz México is part of the global Mondeléz International company and operates in the food processing sector in Mexico. While the provided text indicates their presence and inclusion in the top players by sales value in Mexico, specific details on their main products and recent volume and revenue trends for their Mexican operations were not available. Globally, Mondeléz International is known for snacks, confectionery, and beverages.

Pilgrim's Pride México: Pilgrim's Pride México is part of Pilgrim's Pride Corporation, a major global poultry producer, and operates in the meat processing sector in Mexico. While the provided text lists them among the top players by sales value, specific details on their main products and recent volume and revenue trends for their Mexican operations were not available. Their focus is primarily on poultry products.

Comparative Table Showing Growth/Decline in Volume and Revenue (2023 vs 2024)

Company Main Products/Services Volume Trend (2023 vs 2024) Revenue Trend (2023 vs 2024)
Grupo Bimbo Baked goods (bread, cookies, pastries), salty snacks. Increase in Mexico (positive volume contribution across most categories) Increase in Mexico (+4%). Decrease globally.
Coca-Cola Femsa Soft drinks, bottled water, juices, non-alcoholic beverages. Growth in key markets including Mexico. Increase (+14.3% total revenues).
Arca Continental Beverages (Coca-Cola brands, water, juices), snacks (Bokados in Mexico). Slight decline in total beverage volume (-0.3%). Q4 2024 volume increased (+3.5%). Increase (+10.9% net sales). Increase in Q1 2025 (+12.4%).
Sigma Alimentos Cooked and dry meats, dairy products, prepared meals. Increase (+3% full year volume). Increase (+4% full year revenues). Increase in Mexico revenues (+5%).
PepsiCo Alimentos México Snacks, beverages. Data not available in provided sources. Data not available in provided sources.
Gruma Corn flour, tortillas, corn chips, flatbreads. Leader in tortilla and corn product volumes globally. Data for Mexico specific volume trend not available. Data for Mexico specific revenue trend not available. Global net sales US$5.5 billion in 2022.
Grupo Lala Milk, yogurt, cheese, cream, butter, desserts, juices. Data not available in provided sources for 2023-2024. Data not available in provided sources for 2023-2024. 6.7% sales increase in Mexico in 2020.
Nestlé México Chocolate, ice cream, cereals, coffee, culinary products, water, dairy, baby food. Data not available in provided sources. Data not available in provided sources.
Mondeléz México Snacks, confectionery, beverages (global). Data not available in provided sources. Data not available in provided sources.
Pilgrim's Pride México Poultry products. Data not available in provided sources. Data not available in provided sources.

References

  • Industria Alimentaria: Salarios, producción, inversión, oportunidades y complejidad | Data México.
  • Food Processing Ingredients Annual - USDA Foreign Agricultural Service. (2024-03-27).
  • Food Processing Ingredients - USDA Foreign Agricultural Service. (2022-03-30).
  • Los gigantes de la industria de alimentos y bebidas en México - InformaBTL. (2024-09-19).
  • Anexo:Empresas más grandes de México por ingresos - Wikipedia, la enciclopedia libre.
  • La industria agroalimentaria y las grandes empresas - LET. (2021-05-04).
  • Estas empresas mexicanas arrasaron en el ranking global de TIME 2024; Carlos Slim aparece dos veces | Noticias de México | El Imparcial. (2024-09-21).
  • 10 Largest Beverage Companies - Investopedia.
  • List of largest Mexican companies - Wikipedia.
  • Los gigantes de la industria de alimentos y bebidas en México - Food News Latam. (2024-11-08).
  • Top publicly traded food companies by revenue.
  • Alsea anuncia sus resultados financieros de 2024 - enAlimentos. (2025-03-09).
  • Foodservice Profile – Mexico - agriculture.canada.ca. (2025-03-18).
  • Food Processing Ingredients Annual - USDA Foreign Agricultural Service. (2025-04-03).
  • The global Food Processing Market size will be USD 170254.2 million in 2024.
  • Mercado de Equipo de Servicio de Alimentos en México, Informe 2025-2034.
  • Food and beverage manufacturing Companies in Mexico | Sales leads list by Lusha - Page 3.
  • Danone da a conocer sus resultados financieros de 2024 - enAlimentos. (2025-02-27).
  • Gruma - Wikipedia.
  • Sigma Alimentos SA de CV Company Profile - Overview - GlobalData.
  • Arca Continental - Wikipedia.
  • Grupo Bimbo - Wikipedia.
  • FEMSA Announces Fourth Quarter and Full Year 2024 Results.
  • Company Overview - GRUMA.
  • 4Q23 / 2023 HIGHLIGHTS - Sigma Alimentos.
  • Nestle - Good Food, Good Life - MexGrocer.com.
  • Grupo Lala - Wikipedia.
  • Sigma Alimentos - Wikipedia.
  • Grupo Bimbo Faces Profit Decline Amid US Consumption Slowdown.
  • 4Q and Full Year 2024 Results - Investors | FEMSA.
  • The Gruma Family - Mission Foods.
  • Arca Continental - Assessing the world's 350 most influential food and agriculture companies.
  • Nestlé Mexico - NRSPP Australia.
  • Arca Continental (AC.MX) - Revenue - Companies Market Cap.
  • FOURTH QUARTER 2023 RESULTS - Coca-Cola FEMSA.
  • Grupo Bimbo (BIMBOA.MX) - Revenue - Companies Market Cap.
  • Grupo Lala: its 29 production plants for milk, cheese and other products - Opportimes.
  • We present our ALFA Business Units.
  • Dairy Giant Grupo LaLa Manages Trade Spend in Mexico (and the USA) with BluePlanner TPM | UpClear.
  • Arca Continental B de C : 12 February 2025EBITDA GREW 14.9% and REVENUES INCREASED 10.9% EN 2024 | MarketScreener.
  • 4Q24 Quarterly Report - Sigma Alimentos.
  • Nestlé México SA de CV in Packaged Food (Mexico) - Association Nations Emergentes.
  • smigroup - lala.
  • At LALA we have a long experience in taste and nutrition, bringing to the table of the Mexican families an extensive range of dairy products and their derivates such as yoghurts, cheeses, creams, margarines and butters, as well as a variety of meat and a line of delicious desserts.
  • Grupo Bimbo sees soft North America sales in fiscal 2024 | Baking Business.
  • GRUPO BIMBO: THE WORLD'S LARGEST BAKING COMPANY AND THE CHALLENGE OF THE IBERIAN MARKET1.
  • Gruma SAB de CV Company Profile - GlobalData.
  • Mexico | Grupo Bimbo.
  • grupo bimbo - reports fourth quarter and full year 2024 results - cloudfront.net.
  • Grupo Bimbo SAB de CV Company Profile - GlobalData.
  • Gruma - LATAM Stocks Investment Analysis #13.
  • Grupo-Bimbo-Annual-Report-2019_1.pdf - AWS.
  • Arca Continental SAB de CV Company Profile - GlobalData.
  • Sigma Alimentos. Information about the issuer. (LEI 549300FW3RGHPHT21D10). News and credit ratings. Tables with accounting and financial reports. - Cbonds.
  • Arca Continental - MyABCM Costumer.
  • FOURTH QUARTER 2024 RESULTS - Coca-Cola FEMSA.
  • Arca Continental, Coca-Cola bottler in Mexico, earned US$211 million between January and March. | AméricaEconomía.
  • Sigma Alimentos - Food and Agriculture Benchmark | WBA.
  • Arca Continental B de C : 12 February 2025EBITDA GREW 14.9% and REVENUES INCREASED 10.9% EN 2024 | MarketScreener.
  • Arca Continental (BMV:AC) Stock Price & Overview.
  • Arca Continental, major Coca-Cola bottler, to continue big investments in Mexico.
  • grupo bimbo - reports fourth quarter and full year 2023 results - cloudfront.net.
  • Breaking Down Coca-Cola FEMSA, S.A.B. de C.V. (KOF) Financial Health: Key Insights for Investors - dcfmodeling.com.
  • Conoce nuestras Marcas y Productos - Nestlé México.
  • 2 0 2 4 A N N U A L R E P O R T - Alfa.
  • Nestlé - Wikipedia.