Report Published: "Mexico Food & Drink Report Q4 2015"

From: Fast Market Research, Inc.
Published: Fri Sep 04 2015

We remain optimistic toward Mexico's long-term growth outlook on the back of a booming manufacturing sector, an increasingly strong private consumer and favourable demographics. The passage of energy sector reform will bolster sentiment towards Mexican assets and contribute to stronger real GDP growth in the coming years. However, we have revised down our 2015 real GDP growth estimate from 3.3% to 2.8%, mainly due to weak growth in the beginning of the year due to a contraction in oil exports. The latest data supports our view for an acceleration in household spending and an improvement in consumer-related sectors.

Headline Industry Data (local currency)

2015 per capita food consumption = +3.5%; compound annual growth rate (CAGR) forecast 2014 to 2019 = +4.5%

Full Report Details at

2015 alcoholic drink sales = +6.3%; CAGR forecast 2014 to 2019 = +5.8%

2015 soft drink sales = +5.3%; CAGR forecast 2014 to 2019 = +5.8%

2015 mass grocery retail sales = +6.8%; CAGR forecast 2014 to 2019 = +7.4%

Key Company Trends

Cargill Expands in Mexico : In August 2015 US-based agricultural company Cargill announced plans to invest about USD5.5bn to expand operations in Mexico as part of its 2015-2018 business plan. The investment is in line with the company's strategy to boost its presence in the Mexican agricultural industry and supply chains. Of the proposed investment, about USD1.1bn will be utilised to finance domestic producers and the remaining USD4.5bn will be used for procuring Mexican crops, reports the Wall Street Journal. The company will also provide USD170mn in direct investment. Presently, the agribusiness company operates 30 facilities across 13 states in Mexico, employing 1,750 people.

The Mexico Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Mexico Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Mexico.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for Mexico to test other views - a key input for successful budgeting and strategic business planning in the Mexican food and drink market.
* Target business opportunities and risks in Mexico

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