Bimbo, the Global Bakery Giant: Expansion and Real Estate Strategies

Bimbo, recognized as the giant in the food industry, has made a formidable impact on the global business landscape. As the largest bakery in the world, its presence in Mexico stands out for production and a strategic expansion in its industrial areas.

Over the past three years, Bimbo has seen a 12% growth in its occupied space in Mexico, further emphasizing the company's leadership in the market. Bimbo's new facilities have focused exclusively on the industrial market in Mexico City (40%).

The plants in the Mexican capital (CDMX) have found their place in the northern markets of the city, including Vallejo-Azcapotzalco, Naucalpan, and the CTT. Bimbo's real estate strategy is characterized by operational efficiency and sustainability. The company specifically seeks locations near key distribution centers, with easy access to transportation routes and infrastructure that enables agile operations.

Grupo Bimbo positions itself as one of the top five companies leading in industrial space occupation over the past three years, sharing this podium with other prominent Mexican companies such as Alpura and Barcel.

During this same period, the Food, Beverage, and Tobacco industry has accounted for approximately 5% of the occupied industrial spaces throughout the country. However, in the industrial market of Mexico City, this industry has gained significant weight, constituting nearly 10% of the average quarterly absorptions.

Data collected by SiiLA Market Analytics reveals that over 50% of the spaces occupied by food, beverage, and tobacco companies in the last three years belong to Mexican companies, followed by around 30% from American companies, and the rest is primarily distributed among European companies.

In a highly competitive market, Grupo Bimbo continues to expand its presence in Mexico, solidifying itself as a key player in the global food sector and leaving a significant mark on the country's industrial real estate sector.

For additional information on this and other topics related to the commercial real estate market, we invite you to explore SiiLA REsource or contact us through contacto@siila.com.mx.