COVID-19 Impact on Grupo Bimbo and S.A.B. de C.V., 2022 Update

COVID-19 Impact on Grupo Bimbo and S.A.B. de C.V., 2022 Update

Summary

COVID-19 Impact on Grupo Bimbo and S.A.B. de C.V., 2022 Update, reports key findings as of 9th March , 2022 based on market analysis and brand diversification by industry and geography.

Grupo Bimbo is one of the leading companies in bakery & cereals sector, making strategic investments into expansion of its savory snacks and biscuits business. The savory snack category is expected to register more than 5% CAGR in the Americas and Asia, presenting ample growth opportunities for the company's expansion. The company is actively adopting organic and inorganic growth strategies to expand its operations in growing markets such as India in Asia.

Scope

• Acquisitions and adoption of new technologies will help Grupo Bimbo in achieving substantial growth over the forecast period.
• Grupo Bimbo needs to focus on expansion in Africa and Middle East regions as well, which will present ample growth opportunities.

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