Consumer foodservice in 2024: The big picture
In 2024, consumer foodservice in Mexico observed a positive performance, with growth in sales in current value terms, transaction volumes, and outlet numbers. Both national and international brands of chained players were highly active in expanding their outlet numbers and investing in renewing their brands and locations.
2024 key trends
Inflationary pressures remained strong in Mexico in 2024, and the economic outlook is still uncertain. Minimum wages continue increasing every year by presidential mandate.
Competitive landscape
In 2024, Alsea SAB de CV remained the biggest player within consumer foodservice in Mexico in value terms. It operates leading brands such as Starbucks, Domino’s Pizza, Chili’s Grill & Bar, and VIPs, amongst others.
Independent foodservice developments
Independent consumer foodservice demonstrated a strong performance throughout 2024, showcasing the resilience of this industry. Despite rising operational costs and a significant deterioration in public security in 2024, with violence and criminal activity surpassing previous years, these players adapted impressively.
What next for consumer foodservice?
Consumer foodservice in Mexico is set to maintain growth by all measures in the forecast period. However, while the results of the presidential election promise continuity and a degree of stability, concerns persist around unresolved issues, such as security and the impact of the US presidential elections.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Foodservice 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Cafés/Bars
- Full-Service Restaurants
- Limited-Service Restaurants
- Self-Service Cafeterias
- Street Stalls/Kiosks
- Consumer Foodservice by Location
If you're in the Consumer Foodservice 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 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 in Mexico?
- Which are the leading brands in Consumer Foodservice in Mexico?
- How are multinational and local operators competing and expanding in Mexico?
- How are consumer lifestyle trends and eating habits shaping Consumer Foodservice in Mexico?
- How is the Consumer Foodservice 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 in Mexico? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Consumer Foodservice in Mexico
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
Cafés/Bars in Mexico
KEY DATA FINDINGS
Public security poses a major challenge for bars in Mexico
Specialist coffee and tea shops sees dynamic growth and stronger competition
Creative product portfolios and loyalty programmes seek to attract consumers
Cold beverages expected to gain share within specialist coffee and tea shops
Delivery services set to fuel sales of specialist coffee and tea shops
Sustainability to become a valuable differentiator
Full-Service Restaurants in Mexico
KEY DATA FINDINGS
Full-service restaurants face increasing social costs, which translate into higher prices
Reinvention observed amongst key players
Value deals gain popularity for daily out-of-home meals
Public security might become a major challenge in certain regions
Expected increase of pick-up orders
Co-branding to gain relevance amongst full-service restaurants
Limited-Service Restaurants in Mexico
KEY DATA FINDINGS
Growth is driven by an increase in out-of-home activities
Pizza leads limited-service restaurants, with Little Caesar’s Pizza leading in value terms
Didi gains share amongst third-party delivery apps
Expansion plans to drive the growth of chained limited-service restaurants
Delivery apps to continue driving the growth of limited-service restaurants
OXXO expected to increase its share within limited-service restaurants
Street Stalls/Kiosks in Mexico
KEY DATA FINDINGS
Increasing social costs and rising rents pose a major challenge for street stalls/kiosks
Street stalls/kiosks continues to prove its resilience
Grupo Herdez consolidates its presence
Shopping centres expected to remain prime destinations
Delivery services may challenge the convenience of street stalls/kiosks
The possibility of self-employment will boost the proliferation of street stalls/kiosks
Consumer Foodservice By Location in Mexico
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
The following categories and subcategories are included:
Consumer Foodservice
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- Chained Consumer Foodservice
- Independent Consumer Foodservice
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- Chained Cafés/Bars
- Independent Cafés/Bars
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- Chained Bars/Pubs
- Independent Bars/Pubs
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- Chained Cafés
- Independent Cafés
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- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
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- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
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- Chained Full-Service Restaurants
- Independent Full-Service Restaurants
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- Chained Asian Full-Service Restaurants
- Independent Asian Full-Service Restaurants
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- Chained European Full-Service Restaurants
- Independent European Full-Service Restaurants
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- Chained Latin American Full-Service Restaurants
- Independent Latin American Full-Service Restaurants
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- Chained Middle Eastern Full-Service Restaurants
- Independent Middle Eastern Full-Service Restaurants
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- Chained North American Full-Service Restaurants
- Independent North American Full-Service Restaurants
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- Chained Pizza Full-Service Restaurants
- Independent Pizza Full-Service Restaurants
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- Chained Other Full-Service Restaurants
- Independent Other Full-Service Restaurants
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- Chained Limited-Service Restaurants
- Independent Limited-Service Restaurants
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- Chained Asian Limited-Service Restaurants
- Independent Asian Limited-Service Restaurants
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- Chained Bakery Products Limited-Service Restaurants
- Independent Bakery Products Limited-Service Restaurants
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- Chained Burger Limited-Service Restaurants
- Independent Burger Limited-Service Restaurants
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- Chained Chicken Limited-Service Restaurants
- Independent Chicken Limited-Service Restaurants
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- Chained Convenience Stores Limited-Service Restaurants
- Independent Convenience Stores Limited-Service Restaurants
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- Chained Fish Limited-Service Restaurants
- Independent Fish Limited-Service Restaurants
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- Chained Ice Cream Limited-Service Restaurants
- Independent Ice Cream Limited-Service Restaurants
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- Chained Latin American Limited-Service Restaurants
- Independent Latin American Limited-Service Restaurants
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- Chained Middle Eastern Limited-Service Restaurants
- Independent Middle Eastern Limited-Service Restaurants
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- Chained Pizza Limited-Service Restaurants
- Independent Pizza Limited-Service Restaurants
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- Chained Other Limited-Service Restaurants
- Independent Other Limited-Service Restaurants
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- Chained Self-Service Cafeterias
- Independent Self-Service Cafeterias
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- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
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- Consumer Foodservice Through Standalone
- Consumer Foodservice Through Leisure
- Consumer Foodservice Through Retail
- Consumer Foodservice Through Lodging
- Consumer Foodservice Through Travel
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- Takeaway Online Ordering
- Takeaway Offline Ordering
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- First-Party Delivery Services
- Third-Party Delivery Services
- Delivery Offline Ordering
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- Drive-Through
- Eat-In
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- Takeaway Online Ordering
- Delivery Online Ordering
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- Takeaway Offline Ordering
- Delivery Offline Ordering
- Drive-Through
- Eat-in
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Consumer Foodservice
Consumer foodservice is composed of cafés/bars, full-service restaurants, limited-service restaurants, self-service cafeterias and street stalls/kiosks.
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This report originates from Passport, our Consumer Foodservice research and analysis database.
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