Groceries & Food Wholesaling in Mexico - Industry Market Research Report

Eat it up: Steady gains in consumer spending have benefited industry revenue

Groceries & Food Wholesaling in Mexico
The Groceries and Food Wholesaling industry in Mexico is dedicated to supplying groceries and food items to downstream retailers. Over the five years to 2019, steady gains in both consumer spending and the nation's population have propelled the industry forward. Additionally, remittances from US residents to friends and family in Mexico have increased in recent years, which stabilized consumer purchases. In addition, the industry is expected to benefit from the expansion of key downstream markets during the current period. Traditional grocery store operators, for example, are expanding their locations to appeal to convenience shoppers. As the number of downstream operators increases, operators in the Groceries and Food Wholesaling industry in Mexico are anticipated to expand operations and bolster distribution systems to meet heightened demand. Overall, industry revenue is anticipated to increase during the current period. Over the five years to 2024, industry revenue is projected to continue to expand, as new opportunities and markets are anticipated to encourage new operators to enter the industry.Establishments in this industry are dedicated to wholesaling groceries and special food items, including meat, fresh fruits and vegetables, eggs, seeds and food grains, spices, dried chilis, milk and other dairy products, sausages, sweets, baking ingredients, bread, cakes, snacks, fried foods, food preserves and honey. It also includes establishments engaged in the wholesale trade of smoked, marinated and dehydrated meats. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.