Beverage & Ice Wholesaling in Mexico - Industry Market Research Report

Bubbling up: New product lines will help the industry return to growth

Beverage & Ice Wholesaling in Mexico
Over the five years to 2019, revenue for the Beverage and Ice Wholesaling industry in Mexico declined, with many operators blaming the government's new drink tax for modest revenue declines. This new regulatory landscape caused several operators to exit the industry. The industry's decline was moderated by strong population growth and growing consumer spending on nonalcoholic beverages. Additionally, industry profit margins have expanded as a share of revenue. Over the five years to 2024, industry revenue is expected to rebound from the previous five years. Operators will continue to find innovative ways combat Mexico's sugar beverage tax. While growth is expected to be steady in the outlook period, the industry will continue to encounter mild external competition, which may stifle profit growth.This industry comprises establishments primarily engaged in wholesaling nonalcoholic beverages and ice. Industry-relevant products include soft drinks, juices, nectars, purified and mineralized bottled water, hydration and sports drinks and energy drinks. This industry does not include establishments that wholesale a wide variety of products alongside soft drinks and ice or establishments that prepare and serve nonalcoholic beverages for immediate consumption. 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.