Around the world the COVID-19 crisis brought with it new ways of socialising for consumers who were confined to their homes for long periods and required to maintain social distancing. Examples seen in Mexico included "one on one" seats, through which consumers find the ideal space, mainly in bars, to consume their drinks at the bar and without the need to bring company.
Without a doubt, inflation and import barriers represent the biggest challenge for businesses in the foodservice sector at the beginning of the forecast period. Inflation will have a direct effect on consumer prices.
Social media is set to become an increasingly prominent mode of communication between cafés/bars players and consumers during the forecast period. In Mexico, Starbucks and Cassava Roots have already done a very good job of reaching young audiences through innovative social media communication on platforms such as Tik Tok, where consumers can find launches and promotions presented in a creative and fun way.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars 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 Cafés/Bars 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.
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See All of Our DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
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