Mexico-The Future of Foodservice to 2024

Mexico-The Future of Foodservice to 2024

Jul 2020 GlobalData Retail114 Pages Price :
$ 4995
Mexico - The Future of Foodservice to 2024

Summary

"Mexico - The Future of Foodservice to 2024" published by GlobalData provides extensive insight and analysis of the Mexican Foodservice market over the next five years (2019-2024) and acts as a vital point of reference for operators or suppliers.

In 2019, Mexicos foodservice profit sector was valued at MXN1.57 trillion (US$79.5 billion), making it the second-largest Latin American market behind only Brazil. Overall sales value across the sector grew at a CAGR of 3.7% between 2014 and 2019, however, the market is forecast to shrink, at a CAGR of -2.2% over the next five years (2019 - 2024).

The report includes -
- Overview of Mexico's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Mexico's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within Mexico's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Mexican population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
- Case Studies: Learn from examples of recent successes and failures within the Mexican foodservice market.

Scope

- In recent years both transactions and outlets have seen moderate growth with CAGRs of 2.5% and 1.7% respectively. Outlet growth has been rising due to increased investment in infrastructure by the Mexican government during the review period
- In 2020, owing to the rapid progression of COVID-19 pandemic, government limits on the number of customers permitted in restaurants and bars, affecting the sales of food and beverages.
- Mexicos economy operated below its potential in 2019 due to uncertainty around government policies, under usage of the national budget, tight monetary conditions, and a slowdown in global manufacturing. The countrys economy deteriorated in early 2020 following the outbreak of Covid-19, which is expected to shrink the nations economic output during the year.

Reasons to Buy

- Specific forecasts of the foodservice market over the next five years (2019-2024) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within Mexico's foodservice market.
Table of Contents
Introduction
Report Guide
Executive Summary
Macroeconomic Context
Macroeconomic overview
Population and demographic highlights
Monthly household income distribution
Introducing the Consumer Segments
Consumer segment profiles and key identification metrics
Segment engagement overview in four key profit sector channels
Profit Sector Metrics
Key metric highlights
Value share and growth by channel
Outlets and transactions growth by channel
Operator buying volumes and growth by channel
Channel historic and future growth dynamics
Outlet type and type of ownership growth dynamics
Profit Sector by Channel
Quick Service Restaurants (QSR)
Summary and key take out
Metrics
Key players
Key consumers
Why?
What?
Where?
What next?
Full Service Restaurants (FSR)
Summary and key take out
Metrics
Key players
Key consumers
Why?
What?
Where?
What next?
Coffee & Tea Shops
Summary and key take out
Metrics
Key players
Key consumers
Why?
What?
Where?
What next?
Cost Sector Metrics
Channel trends historic and future growth
Data and channel share breakdown
Appendix

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