Chocolate making and chocolate products in Mexico

Chocolate making and chocolate products in Mexico

Around 370 establishments are registered in the activity of Chocolate making and chocolate products in the country, with MXN $14,000 millions in estimated annual revenue. 

A market research study developed by MarketDataMexico provides interesting details about the performance of the Chocolate making and chocolate products market in Mexico, where 370 establishments operate in this activity nationwide.

The report prepared by MarketDataMexico explains that five businesses concentrate around 28% of the estimated total annual total revenue. ALPEZZI CHOCOLATE, SA de CV, HERSHEY DE MEXICO SA de CV y FERRERO DE MEXICO SA de CV are three of the top players.

Performance by State: Mexico leads the business

The largest share of the business is generated in Mexico, with an average of MXN $3,600 millions in estimated annual revenue. The state that follows is Jalisco, with MXN $2,700 millions, and in third place, Mexico City, where MXN $1,900 millions are generated.

What products are manufactured by these businesses?

Some of the products fabricated in these establishments are: CHOCOLATE BARS, COCOA FOR MAKING CHOCOLATES, COCOA y ARTIFICIAL CHOCOLATE, among others.

Annual expenses of these establishments

On average every year, companies dedicated to this activity generate total expenses close to $8,800 millions, of which MXN $170 millions correspond to expenses for rent and rental of movable and non movable property, MXN $260 millions are generally used for electricity consumption, and MXN $82 millions are spent on the purchase of fuels and lubricants.

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