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Baking Mix & Prepared Food Production in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM31199

Baking Mix & Prepared Food Production in New Mexico industry analysis

The Baking Mix & Prepared Food Production industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have decreased an annualized -x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to increase an annualized x.x% to xx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Baking Mix & Prepared Food Production in New Mexico Market Research Report

What’s Included in the Baking Mix & Prepared Food Production in New Mexico Market Research Report

Definition of the Baking Mix & Prepared Food Production in New Mexico?

Operators in this industry produce perishable prepared foods, such as sandwiches, meals and peeled or cut vegetables. Industry operators use dried and dehydrated ingredients to produce dessert mixes, flavoring powders and processed eggs.

What’s included in the Baking Mix & Prepared Food Production in New Mexico?

The Baking Mix & Prepared Food Production in New Mexico includes producing perishable prepared foods sold in bulk or packages (not frozen or canned), producing dessert mixes, producing sweetening syrup and molasses, producing baking powder and yeast, producing macaroni and pasta products (packaged with other ingredients, not frozen or canned), producing dried and dehydrated products (except pasta, packaged with other ingredients), producing liquid, dried and frozen eggs and producing flavoring powders, tablets and paste, including dry-mix cocktail. Related terms covered in the Baking Mix & Prepared Food Production in New Mexico industry report includes brand that is more expensive than generic brands because it is of a higher quality, the amount of time that food, drinks and other perishable items are given before they are considered unsuitable for consumption and any restaurant, hotel or other business where food is prepared for customers for immediate consumption.

Industry Performance of the Baking Mix & Prepared Food Production industry in New Mexico

Benchmark the Baking Mix & Prepared Food Production in New Mexico industry performance with all NM county and national performance.

Baking Mix & Prepared Food Production in New Mexico

#48 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Baking Mix & Prepared Food Production in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Baking Mix & Prepared Food Production industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, per capita disposable income, trade-weighted index and healthy eating index are impacting Baking Mix & Prepared Food Production in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Per capita disposable income
Trade-weighted index
Healthy eating index

For the full list of industry drivers, see report purchase options.

County Data of the Baking Mix & Prepared Food Production industry in New Mexico

Access proprietary data on county in the Baking Mix & Prepared Food Production in New Mexico, such as Bernalillo County, Los Alamos County and Luna County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Baking Mix & Prepared Food Production industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Baking Mix & Prepared Food Production industry in New Mexico in 2025?

The market size of the Baking Mix & Prepared Food Production industry in New Mexico is $3.7m in 2025.

How many businesses are there in the Baking Mix & Prepared Food Production industry in New Mexico in 2025?

There are 8 businesses in the Baking Mix & Prepared Food Production industry in New Mexico, which has been declining at an average annual rate of -2.3% from 2020 to 2025.

Has the Baking Mix & Prepared Food Production industry in New Mexico grown or declined over the past 5 years?

The market size of the Baking Mix & Prepared Food Production industry in New Mexico has been declining at an average annual rate of -18.1% from 2020 to 2025.

How many employees in the Baking Mix & Prepared Food Production industry in New Mexico in 2025?

There are 84 employees in the Baking Mix & Prepared Food Production industry in New Mexico, which has been growing at an average annual rate of 0.7% from 2020 to 2025.