Colombia Energy Drinks (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026
Summary
Colombia Energy Drinks (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026 is a broad level market review of Energy Drinks market in Colombia.
Energy-enhancing products, mainly carbonated and containing stimulants such as caffeine, taurine, guarana (the guarana seed has a higher caffeine content than coffee), glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. May contain B complex group vitamin combinations as well as vitamins A and E (i.e., antioxidants); vitamin C (ascorbic acid); L-carnitine; exotic herbs and substances, such as gingko biloba, ginseng, milk thistle; acidity regulators. Products may also contain juice.
Includes coffee and energy blends where the base formulation of the product is an energy drink and coffee is the flavor. Includes tea and energy blends where the base formulation of the product is an energy drink and tea is the flavor. Also includes liquid water enhancers.
Excludes coffee and energy blends where the coffee is the base ingredient, which are categorized under iced/rtd coffee drinks. Excludes tea and energy blends where the tea is the base ingredients, which are categorized under iced/rtd tea drinks and energy gels.
The category includes still or carbonated, ready to drink (rtd) products, non-ready to drink (non-rtd) powders and concentrates. Includes energy shots, typically packed in 5-6cl format, but no larger than 8-10cl. All powders and concentrates are expressed in ready to drink (rtd) volumes.
Energy Drinks market in Colombia registered a positive compound annual growth rate (CAGR) of 1.73% during the period 2016 to 2021 with a sales value of COP 738,196.51 Million in 2021, an increase of 19.66% over 2020. The market achieved its strongest performance in 2021, when it grew by 19.66% over its previous year and its weakest performance in 2020, when it fell by -15.80% over 2019.
The research handbook provides up-to-date market size data for period 2016-2021 and illustrative forecast to 2026 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Energy Drinks and its variants .
Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2018 to 2021 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.
Due to on going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to Colombia's Energy Drinks (Soft Drinks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.
*Note:Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.
Scope
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