Colombia Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Food & Grocery Retail in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market is segmented into household products, tobacco, food, and drinks.
- The Colombian food & grocery retail market had total revenues of $56.7 billion in 2022, representing a compound annual growth rate (CAGR) of 11.6% between 2017 and 2022.
- The food segment accounted for the market's largest proportion in 2022, with total revenues of $47.9 billion, equivalent to 84.5% of the market's overall value.
- The growth in the Colombian food & grocery retail market is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to Scotia Bank, Colombia's Consumer Confidence Index (CCI) rose by 90 basis points in September, primarily due to a 2.7 percentage point increase in the Economic Conditions Index component.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the food & grocery retail market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Colombia
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Colombia food & grocery retail market with five year forecasts
- What was the size of the Colombia food & grocery retail market by value in 2022?
- What will be the size of the Colombia food & grocery retail market in 2027?
- What factors are affecting the strength of competition in the Colombia food & grocery retail market?
- How has the market performed over the last five years?
- How large is Colombia’s food & grocery retail market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. Are any disruptors posing a threat to the incumbents?
- 8 Company Profiles
- 8.1. Cencosud SA
- 8.2. Supertiendas y Droguerias Olimpica SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Colombia food & grocery retail market value: $ million, 2017-22
- Table 2: Colombia food & grocery retail market category segmentation: % share, by value, 2017-2022
- Table 3: Colombia food & grocery retail market category segmentation: $ million, 2017-2022
- Table 4: Colombia food & grocery retail market geography segmentation: $ million, 2022
- Table 5: Colombia food & grocery retail market value forecast: $ million, 2022-27
- Table 6: Grupo Exito: key facts
- Table 7: Cencosud SA: key facts
- Table 8: Cencosud SA: Annual Financial Ratios
- Table 9: Cencosud SA: Key Employees
- Table 10: Supertiendas y Droguerias Olimpica SA: key facts
- Table 11: Supertiendas y Droguerias Olimpica SA: Key Employees
- Table 12: Colombia size of population (million), 2018-22
- Table 13: Colombia gdp (constant 2005 prices, $ billion), 2018-22
- Table 14: Colombia gdp (current prices, $ billion), 2018-22
- Table 15: Colombia inflation, 2018-22
- Table 16: Colombia consumer price index (absolute), 2018-22
- Table 17: Colombia exchange rate, 2018-22
- List of Figures
- Figure 1: Colombia food & grocery retail market value: $ million, 2017-22
- Figure 2: Colombia food & grocery retail market category segmentation: $ million, 2017-2022
- Figure 3: Colombia food & grocery retail market geography segmentation: % share, by value, 2022
- Figure 4: Colombia food & grocery retail market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the food & grocery retail market in Colombia, 2022
- Figure 6: Drivers of buyer power in the food & grocery retail market in Colombia, 2022
- Figure 7: Drivers of supplier power in the food & grocery retail market in Colombia, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in Colombia, 2022
- Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in Colombia, 2022
- Figure 10: Drivers of degree of rivalry in the food & grocery retail market in Colombia, 2022
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