IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Food & Beverage Preparation Services in Mexico Industry Data and Analysis
Access this data your way
The Food & Beverage Preparation Services in Mexico Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the Food & Beverage Preparation Services industry in Mexico includes market sizing, forecasting, data and analysis from 2009-2024. The most recent publication was released June 2019.
About this industry
What's this industry report about?
The Food & Beverage Preparation Services industry in Mexico operates under the NAICS industry code 72251MX. The Food and Beverage Preparation Services industry in Mexico consists of various food retailers, including full-service and limited-service restaurants, preparing food for immediate consumption. Over the five years to 2019, operators encountered a host of challenges. The consumer price index in Mexico, which measures the retail price of common household and consumer goods, is expected to increase an annualized 4.0% during the current period. This has forced operators to pass down these higher purchasing costs to consumers by raising menu prices. Additionally, the value of the Mexican peso against the US dollar has depreciated an annualized 8.2% over the past five years, making it more expensive for operators to purchase imports from the United States. Since a large proportion of food products are sourced from the United States, food retailers contend with the challenge of minimizing purchasing costs. Despite these challenges, industry revenue is anticipated to rise an annualized 1.3% to MXN $332.0 billion over the five years to 2019. This includes 8.5% growth in 2019 alone. Related terms covered in the Food & Beverage Preparation Services industry in Mexico include chain restaurants, full-service restaurant and limited-service restaurant.
What's included in this industry?
Products and services covered in Food & Beverage Preparation Services industry in Mexico include Taco and torta outlets, Coffee and ice cream shops and Fast food chains.
What companies are included in this industry?
Companies covered in the Food & Beverage Preparation Services industry in Mexico include Alsea SAB de CV, Grupo Gigante SAB de CV and Grupo Carso SAB de CV.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Food & Beverage Preparation Services industry in Mexico.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Food & Beverage Preparation Services industry in Mexico.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Food & Beverage Preparation Services industry in Mexico.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Food & Beverage Preparation Services industry in Mexico. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Food & Beverage Preparation Services industry in Mexico. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Food & Beverage Preparation Services industry in Mexico. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Food & Beverage Preparation Services industry in Mexico. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Food & Beverage Preparation Services industry in Mexico.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the estimated market size of the Food & Beverage Preparation Services industry in Mexico in 2019?
The market size of the Food & Beverage Preparation Services industry in Mexico is $332.0bn in 2019.
How many businesses are there in the Food & Beverage Preparation Services in Mexico industry in 2019?
There are 514k businesses in the Food & Beverage Preparation Services industry in Mexico, which has declined at a CAGR of 2.3% between 2014 and 2019.
Has the Food & Beverage Preparation Services industry in Mexico grown or declined over the past 5 years?
The market size of the Food & Beverage Preparation Services industry in Mexico has been at a CAGR of 1.3% between 2014 and 2019.
What is the forecast growth of the Food & Beverage Preparation Services industry in Mexico over the next 5 years?
The Food & Beverage Preparation Services in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Food & Beverage Preparation Services industry in Mexico?
The biggest companies operating in the Food & Beverage Preparation Services market in Mexico are Alsea SAB de CV, Grupo Gigante SAB de CV and Grupo Carso SAB de CV
What does the Food & Beverage Preparation Services in Mexico include?
Full-service restaurant operation and Quick-service restaurant operation are part of the Food & Beverage Preparation Services industry.
Which companies have the highest market share in the Food & Beverage Preparation Services in Mexico?
The company holding the most market share in Mexico is Alsea SAB de CV.
How many people are/were employed in the Food & Beverage Preparation Services in Mexico in 2019?
There are 2m employed in the Food & Beverage Preparation Services industry in Mexico 2019.
Cut through the noise with intelligence you can trust
