Mexico: Retail Foods
During Calendar Year 2017, Mexico remained the second largest consumer market in Latin America (after Brazil). Consumer expenditure per capita totaled USD $6,248, in 2017, and this expenditure is expected to grow by 1.8 percent in 2018. The retail sector had a single-digit value growth in 2017 (4.5 percent), and part of the growth came from inflationary pressures rather than exclusively from volume sales. Major multinationals and local companies will continue to expand throughout Mexico, launching their online platforms to capture new consumers via e-commerce and m-commerce (mobile purchases).
