Mexico Food and Drink Report Q2 2014

Mexico Food and Drink Report Q2 2014

Published: March 2014
Publisher: Business Monitor International (BMI)
Product ref: 196351
Pages: 179
Format: PDF
Delivery: Immediate download

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BMI View: While we maintain a strong conviction that economic activity in Mexico will pick up significantly this year, the recovery could be more muted than we initially anticipated. Although the recently introduced tax on sugary drinks and the tax hike on junk food may have a negative impact on the food and drink sector in Mexico, we maintain a favourable outlook for the domestic consumer, and declining unemployment and rising disposable income will ensure a robust expansion in the sector over the long term. We expect consumer confidence to improve as households adapt to the new tax regime in the coming months.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption = +4.4%; forecast 2014 to 2018 = +17.2% ¦ 2014 alcoholic drink sales = +7.8%; forecast 2014 to 2018 = +35.3% ¦ 2014 soft drink sales = +5.6%; forecast 2014 to 2018 = +24.7% ¦ 2014 mass grocery retail sales = +7.4%; forecast 2014 to 2018 = +31.9%

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Related research categories

By sector: General drinks

By market: Mexico (in North America), Mexico (in BRICM)


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