Mexico

Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Mexico. Includes comprehensive data and analysis, tables and charts, with five-year forecasts.

Mexico StatisticsConsumer Lifestyles in MexicoMexico Country BriefingsFuture Demographics: Mexico in 2030

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    Latin America: Regional Profile

    Dec 2019

    Latin America’s growht will slow considerably in 2019. The region’s consumer expenditure will also weaken slightly in 2019. Caribbean economies will lag behind other countries due to their excessive reliance on tourism and remittances. Latin America ...

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    Country Report

    Country Report

    Other Hot Drinks in Mexico

    Nov 2019

    Although the review period saw other hot drinks come under increasing scrutiny due to widespread concerns over the high sugar content of many products, much of the demand in the category is in fact based on the desire of parents to support their ...

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    Country Report

    Country Report

    Hot Drinks in Mexico

    Nov 2019

    2019 saw sales of hot drinks in Mexico remain dominated by the traditional categories of flavoured powder drinks and instant coffee. However, with consumers becoming more sophisticated and interested in new taste experiences as well as focused more ...

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    Country Report

    Country Report

    Coffee in Mexico

    Nov 2019

    Towards the end of the review period, the cost of coffee production continued to fall. Indeed, 2019 saw raw coffee prices in Mexico at the lowest levels since 2005. However, average unit prices did not decline in the category in 2019, although only ...

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    Country Report

    Country Report

    Tea in Mexico

    Nov 2019

    In Mexico, sales of tea are dominated by fruit/herbal tea, with black tea and green tea registering far lower sales overall. For this reason, tea is a category of products that are known primarily for their health benefits. Indeed, growth in sales of...

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    Strategy Briefing

    Strategy Briefing

    Time to Throw Away the Lime? The New Age of Tequila

    Nov 2019

    Tequila is the fastest-growing of the major spirits categories, thanks to booming demand from its two key markets of Mexico and the US. The core of the category remains in the value brands that are still driving volume growth, but the attention is ...

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    Strategy Briefing

    Strategy Briefing

    USMCA Trade Deal and Its Impact on Industries

    Nov 2019

    The United States-Mexico-Canada Agreement (USMCA) is the new trade agreement between the US, Mexico and Canada. The new trade deal is expected to supersede the North American Free Trade Agreement (NAFTA). This briefing analyses USMCA’s impact on the ...

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    Country Report

    Country Report

    Charge Cards in Mexico

    Nov 2019

    Charge cards continued growing at a moderate pace in 2019 in terms of the number of cards in circulation and current value and volume sales, mainly driven by high-income consumers. These consumers like to differentiate from others with a premium ...

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    Country Report

    Country Report

    Credit Cards in Mexico

    Oct 2019

    Consumers in Mexico saw price increases at the end of the review period, whilst salaries remained fairly flat. As a result, many people tried to maintain the same level of spending using credit cards. Rising prices, along with a lack of basic ...

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    Country Report

    Country Report

    Debit Cards in Mexico

    Oct 2019

    Despite debit cards exceeding credit cards in Mexico by far in volume and value terms, as debit cards are easier to obtain than credit cards, the average spend per card is much lower. As a result, the potential for growth in debit cards is huge. In ...

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    Country Report

    Country Report

    Financial Cards and Payments in Mexico

    Oct 2019

    Despite major changes made in processes and government after the election in 2018, along with rising unemployment, interest rate hikes and rising prices, card payment transactions saw slightly higher current value growth in 2019 than seen the ...

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    Country Report

    Country Report

    Pre-Paid Cards in Mexico

    Oct 2019

    The working population in Mexico, which stands at approximately 50 million people, represents the primary potential market for companies that offer open loop pre-paid cards. Most Mexican workers are employed by small and medium-sized businesses, ...

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    Country Report

    Country Report

    Store Cards in Mexico

    Oct 2019

    The arrival of new commercial centres featuring apparel stores and department stores in cities across Mexico is a huge opportunity for the expansion of store cards. In contrast to the overriding retail narrative in some other regions of the world, in...

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    Country Report

    Country Report

    Packaged Food in Mexico

    Oct 2019

    In 2018, the Mexican economy underwent a slowdown in growth resulting from the uncertainty of the Presidential elections held in July and the ongoing renegotiation of the trade agreement between Mexico, the US and Canada. These uncertainties led to ...

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    Country Report

    Country Report

    Baked Goods in Mexico

    Oct 2019

    Sales of unpackaged bread were far higher than packaged alternatives in both the flat and leavened formats in 2019. A wide range of products are available within artisanal bread, with many options offering lower prices than packaged bread. The ...

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    Country Report

    Country Report

    Breakfast Cereals in Mexico

    Oct 2019

    Convenience is one of the main attributes of breakfast cereals, as they only need mixing with milk or water to be ready to eat. This was the main driver of growth over the review period. However, growing health awareness amongst consumers has ...

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    Country Report

    Country Report

    Processed Fruit and Vegetables in Mexico

    Oct 2019

    Despite the investment in refrigerated spaces by modern grocery retailers, frozen processed fruit and vegetables recorded lower retail volume growth in 2019 than in the previous year, and a significant slowdown on the average growth witnessed over ...

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    Country Report

    Country Report

    Processed Meat and Seafood in Mexico

    Oct 2019

    In March 2019 the Federal Attorney's Office of the Consumer (Procuraduría Federal del Consumidor – PROFECO) released a study of canned tuna brands which revealed that 18 out of 57 contained soy. The brands ranged from 1% soy to 62%. This obviously ...

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    Country Report

    Country Report

    Rice, Pasta and Noodles in Mexico

    Oct 2019

    Sales of noodles observed a tough couple of years during the early part of the review period, when the Mexican government implemented a strategy to decrease the level of obesity amongst the population. This strategy involved taxing sugar-sweetened ...

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    Country Report

    Country Report

    Edible Oils in Mexico

    Oct 2019

    Steep price hikes caused butter retail volume sales to decline sharply in 2018, despite the global trend towards recognising butter as a healthier fat. The category witnessed retail volume sales recover strongly in 2019 as unit prices stabilised, ...

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