Mexico Edible Oil Market

Mexico Edible Oil Market Overview:

The Mexico edible oil market size reached USD 3.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.20% during 2025-2033. The growing health awareness is enhancing demand for healthier oils like olive and avocado oil while rising disposable incomes support premium product adoption. Government health initiatives and stricter food labeling regulations are further expanding the Mexico edible oil market share. Additionally, sustainability trends are increasing demand for organic and non-GMO oils, with certifications playing a key role in consumer purchasing decisions.

Mexico Edible Oil Market Trends:

Increasing Demand for Healthier Oil Alternatives

The growing shift toward healthier oil options due to rising health consciousness among consumers is significantly supporting the Mexico edible oil market growth. Traditional oils like palm and soybean oil are being gradually replaced by alternatives such as olive oil, avocado oil, and canola oil, which are perceived as healthier due to their lower saturated fat content and higher nutritional benefits. This trend is driven by increasing awareness of cardiovascular diseases, obesity, and diabetes, prompting consumers to opt for oils with better health profiles. For instance, Ischaemic heart disease was the second leading cause of death in Mexico in 2021, with a mortality rate of 112.6 per 100,000 persons, highlighting increasing worries related to cardiovascular health. Since edible oils play a key role in cardio health, an innovation in heart-friendly edible oils may eliminate the health threats. Given that the population is expected to grow by 15% to 148·9 million by 2050, and the health benefits associated with the wider use of healthier edible oils are well-established, it only makes sense to expand dietary options as a preventive healthcare strategy. Additionally, government initiatives promoting healthy eating habits and stricter food labeling regulations are further accelerating this shift. Imported premium oils, particularly extra virgin olive oil, are gaining popularity in urban areas, supported by higher disposable incomes. As a result, local producers are also expanding their portfolios to include healthier variants, aligning with global health trends and catering to changing consumer preferences.

Growth in Sustainable and Organic Edible Oils

Sustainability and organic production are creating a positive Mexico edible oil market outlook, as consumers increasingly prioritize environmentally friendly and ethically sourced products. In 2023, Mexico authorized 571,608 hectares for organic agriculture, of which 60% are for wild harvesting, and 40% are for crops produced on farms. The top crop was coffee, on 88,173 hectares, followed by oranges, mangoes and lemons. 46,030 certified organic plant producers. This trend reflects a significant growth opportunity for the premium organic market here in Mexico, especially for organic edible oils. The demand for organic and non-GMO edible oils, such as sunflower, coconut, and sesame oil, is rising, particularly among middle- and high-income groups. This shift is influenced by global sustainability movements and a growing preference for clean-label products. Major retailers and supermarkets are expanding their organic oil offerings to meet this demand, while local producers are adopting sustainable farming practices to enhance market competitiveness. Furthermore, certifications such as USDA Organic and Non-GMO Project Verified are gaining importance, as they assure consumers of product quality and ethical sourcing. With the Mexican government also supporting sustainable agriculture through subsidies and policies, the market for eco-friendly edible oils is growing steadily, presenting opportunities for both domestic and international brands.

Mexico Edible Oil Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, nature, distribution channel, and end use.

Product Type Insights:

• Palm Oil
• Soybean Oil
• Sunflower Oil
• Olive Oil
• Corn Oil
• Rapeseeds Oil
• Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes palm oil, soybean oil, sunflower oil, olive oil, corn oil, rapeseeds oil, and others.

Nature Insights:

• Organic
• Conventional

A detailed breakup and analysis of the market based on the nature have also been provided in the report. This includes organic and conventional.

Distribution Channel Insights:

• Business to Business
• Business to Consumer

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes business to business, and business to consumer.

End Use Insights:

• Industrial
• Food Service
• Retail

A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes industrial, food service, and retail.

Regional Insights:

• Northern Mexico
• Central Mexico
• Southern Mexico
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Mexico Edible Oil Market Report Coverage:

Key Questions Answered in This Report:

• How has the Mexico edible oil market performed so far and how will it perform in the coming years?
• What is the breakup of the Mexico edible oil market on the basis of product type?
• What is the breakup of the Mexico edible oil market on the basis of nature?
• What is the breakup of the Mexico edible oil market on the basis of distribution channel?
• What is the breakup of the Mexico edible oil market on the basis of end use?
• What is the breakup of the Mexico edible oil market on the basis of region?
• What are the various stages in the value chain of the Mexico edible oil market? 
• What are the key driving factors and challenges in the Mexico edible oil?
• What is the structure of the Mexico edible oil market and who are the key players?
• What is the degree of competition in the Mexico edible oil market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Mexico edible oil market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Mexico edible oil market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Mexico edible oil industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.