Breweries in Mexico - Industry Market Research Report

Cheers to that: Demand for core and new products is expected to expand

Breweries in Mexico
Over the five years to 2019, the Breweries industry in Mexico has experienced robust growth as many economic trends have moved in its favor. As more consumers return to the workforce and experience steadier streams of income, they are more likely to spend on discretionary goods such as beer. Moreover, consumers have gradually shown interest in sampling new and varying styles of beer from the plethora of craft breweries opening their doors across the country. Industry exports have also increased at a dramatic rate during the five-year period as global operators have increased their production in Mexico. Over the five years to 2024, the industry is expected to continue growing as demand for core and new products expands and import penetration declines. However, growth is anticipated to be slightly less robust than in the previous five-year period, as unemployment is projected to fall at a much lower rate and export growth is forecast to slow. Establishments in this industry are mainly dedicated to brewing. This industry excludes the elaboration of malt and yeast. 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.