PROSPECTS AND OPPORTUNITIES
Standalone outlets expected to lose ground to other locations
Although standalone is expected to remain the dominant location over the forecast period, other locations are expected to gain share as they continue developing. For instance, strong growth for retail locations will be favoured by the growing presence of chained operators, the convenience factor, and the rebound in footfall in shopping centres, which are increasingly seen as entertainment hubs, rather than just shopping destinations.
Tourism expected to fuel growth for travel and lodging locations
Over the forecast period, consumer foodservice players operating in travel and lodging locations are expected to see positive performances, driven by the evolving preferences of younger generations, and Mexico’s status as a major tourist destination. Generation Z and Millennials are shaping the foodservice landscape with their demand for convenience, integration of technology, and unique dining experiences.
Rising labour costs likely to become a major challenge for foodservice players
Over the forecast period inflationary pressures and mandated increases to the minimum salary are expected to put more pressure on the operational costs and profitability of consumer foodservice players wherever they are located. This will translate into higher prices for consumers, who are likely to seek alternatives to control their spending.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Foodservice by Location industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Consumer Foodservice by Location industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Foodservice by Location in Mexico report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Foodservice by Location in Mexico?
- Which are the leading brands in Consumer Foodservice by Location in Mexico?
- How are multinational and local operators competing and expanding in Mexico?
- How are consumer lifestyle trends and eating habits shaping Consumer Foodservice by Location in Mexico?
- How is the Consumer Foodservice by Location industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Consumer Foodservice by Location in Mexico? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Consumer Foodservice By Location in Mexico - Category analysis
KEY DATA FINDINGS
Standalone locations dominate consumer foodservice in Mexico
Foodservice players diversify their points of contact with consumers
Mexico continues to distinguish itself with its exceptional culinary expertise
Standalone outlets expected to lose ground to other locations
Tourism expected to fuel growth for travel and lodging locations
Rising labour costs likely to become a major challenge for foodservice players
Consumer Foodservice in Mexico - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Consumer Foodservice by Location
- Consumer Foodservice Through Standalone
- Consumer Foodservice Through Leisure
- Consumer Foodservice Through Retail
- Consumer Foodservice Through Lodging
- Consumer Foodservice Through Travel
Consumer Foodservice by Location
Consumer foodservice is composed of cafés/bars, full-service restaurants, limited-service restaurants, self-service cafeterias and street stalls/kiosks. Consumer foodservice by location breaks out each foodservice sector according to its location - leisure, lodging, retail, standalone, travel.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Consumer Foodservice by Location research and analysis database.
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