Region: All Regions South America Colombia
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RTD Coffee in Colombia
RTD Coffee in Colombia RTD coffee is a small category within soft drinks with sales having declined sharply earlier in the review period because Café Latte Alpina Juan Valdez and Starbucks left the market. These brands had limited availability, mostly at modern retailers, and had high prices. With c ... Read More
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Concentrates in Colombia
Concentrates in Colombia Off-trade volume sales of powder concentrates continued to decline in 2024 in terms of tonnes sold. However, if measured in off-trade RTD volume terms, the trend is the opposite, with the category seeing strong growth compared to the CAGR registered during the review period. ... Read More
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Sports Drinks in Colombia
Sports Drinks in Colombia Sports drinks continued to see dynamic growth in off-trade volume terms in 2024, continuing the pattern seen over the previous three years. Although brands like Gatorade, which still dominates, Sporade, and Powerade continue to be popular, competition has intensified with t ... Read More
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Energy Drinks in Colombia
Energy Drinks in Colombia After experiencing significant volume growth between 2020 and 2022, sales of energy drinks declined in off-trade volume terms in 2023 and saw only slight growth in 2024. This was in large part due to rising prices resulting from Colomba’s new health tax which came into forc ... Read More
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RTD Tea in Colombia
RTD Tea in Colombia RTD tea displayed modest volume growth during 2024 in off- and on-trade terms, as prices continued to be impacted by the health tax which had a direct impact on prices. Soft drinks, including RTD tea, with less than 6g of sugar are exempt from the health tax. Products with 6-10g ... Read More
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Bottled Water in Colombia
Bottled Water in Colombia Bottled water was one of the best performing soft drinks categories in Colombia in 2024. Climate change has impacted temperatures in Colombia, with some regions reaching temperatures of 42°C in 2024, while other cities like Bogotá with a normal temperature around 13°C, reac ... Read More
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Soft Drinks in Colombia
Soft Drinks in Colombia The Colombian economy is predicted to grow by 1.9% in 2024 according to International Monetary Fund (IMF) estimations. Inflation also stabilised in 2024 after reaching double-digit rates in 2022 and 2023. Economic growth has been negatively influenced by political uncertainty ... Read More
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Carbonates in Colombia
Carbonates in Colombia In 2024 Colombians continued facing economic challenges amid inflationary pressures which impacted their household budgets. Although carbonates are an affordable product for most Colombians, volume sales were negatively impacted in off- and on-trade channels. Companies continu ... Read More
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Juice in Colombia
Juice in Colombia Sales of juice continued to decline in 2024 in off-trade volume and on-trade volume terms. Soaring prices, coupled with constrained household budgets amid inflationary pressures, and the poor performance of leading brand Hit, dampened the performance of the category. With the intro ... Read More
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Packaging Industry in Colombia
Packaging Industry in Colombia In 2023, Colombian consumers showed a strong preference for sustainable, convenient packaging, influenced by rising environmental awareness, economic considerations, and the growth of e-commerce. These trends have increased demand across packaging types, including flex ... Read More
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Consumer Types in Colombia
Consumer Types in Colombia Consumer Types can be a powerful tool to help companies better understand and appeal to their target markets. By going beyond typical demographic-based segmentation, such as age or gender, and grouping consumers based on shared traits and preferences, companies can better ... Read More
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Baked Goods in Colombia
Baked Goods in Colombia The baked goods industry faced significant challenges due to sharp increases in raw material, labour, and energy costs, resulting in a substantial reduction in profit margins in 2024. This led to a staggering 30% decline in production and sales for neighbourhood bakeries. How ... Read More
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Breakfast Cereals in Colombia
Breakfast Cereals in Colombia The breakfast cereals landscape underwent changes in 2024, driven by intensified competition from private labels and competition from alternative breakfast options, including bread. Retailer-affiliated private label lines have gained substantial traction by emphasising ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Colombia
Processed Meat, Seafood and Alternatives To Meat in Colombia The impact of inflation has been notable across various product areas, especially in processed meat and processed poultry, both experienced a decline in retail volume while still achieving healthy growth in current value terms. In contrast ... Read More
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Staple Foods in Colombia
Staple Foods in Colombia Economic instability and household budget concerns led to fluctuations in retail demand during 2024, dampening purchasing power and shaping consumer purchasing habits. Consequently, the staple food landscape experienced a decline in retail volume sales, primarily due to the ... Read More
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Processed Fruit and Vegetables in Colombia
Processed Fruit and Vegetables in Colombia Consumption of processed fruits and vegetables has declined in 2024, primarily due to rising prices that have seen two-digit growth over the review period. Many consumers perceive fresh produce as tastier and more healthful compared to frozen or shelf-stabl ... Read More
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Rice, Pasta and Noodles in Colombia
Rice, Pasta and Noodles in Colombia In 2024, rice, pasta, and noodles benefited from an increasing preference for home cooking due to the rising cost of living and stable prices during the reviewed period. Despite the cost-effectiveness of larger packs, consumers continue to prefer smaller, more con ... Read More
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Colombia Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
Colombia Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) During the time frame of the forecast, the Colombia lubricants market is expected to register a CAGR of more than 4.5%.In 2020, COVID-19 negatively impacted the market. However, the market has now been estimat ... Read More
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2024-2029 Colombia Anemia Diagnostic Testing Market Assessment - 2024 Supplier Shares and 2024-2029 Segment Forecasts by Test, Competitive Intelligence, Emerging Technologies, Instrumentation, Opportunities
2024-2029 Colombia Anemia Diagnostic Testing Market Assessment - 2024 Supplier Shares and 2024-2029 Segment Forecasts by Test, Competitive Intelligence, Emerging Technologies, Instrumentation, Opportunities This unique report from LeadingMarketResearch.com provides information and analysis not avail ... Read More
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Edible Oils in Colombia
Edible Oils in Colombia In Colombia in 2024, the increased cost of living is encouraging many local consumers to cook at home more often, driving the demand for edible oils, which have seen a significant reduction in price. This is something that is expected to continue in the short-term. Category p ... Read More
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Cooking Ingredients and Meals in Colombia
Cooking Ingredients and Meals in Colombia The effects of inflation and the general economic crisis are still evident in Colombia in 2024. This is reflected in an increase in current value growth across categories within cooking ingredients and meals. However, many categories are also experiencing a ... Read More
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Sauces, Dips and Condiments in Colombia
Sauces, Dips and Condiments in Colombia Sauces, dips and condiments enjoyed overall moderate growth in Colombia in 2024. However, as of 1 November 2023, taxes applying to both sugary drinks and industrially ultra-processed foods came into force in Colombia. This includes food and drink containing su ... Read More
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Sweet Spreads in Colombia
Sweet Spreads in Colombia In 2024, sweet spreads in Colombia enjoyed stronger current value growth than volume growth, which experienced a slight decline due to price rises in the category. Euromonitor International's Sweet Spreads in Colombia report offers in-depth knowledge of the market at a nati ... Read More
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Meals and Soups in Colombia
Meals and Soups in Colombia Demand for ready meals in Colombia continued to enjoy moderate growth in both retail current value and volume terms in 2024 as local consumers increasingly sought convenient meal solutions that catered to their lifestyles and require minimal preparation time. Advancements ... Read More
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Analysis by Region - Emerging Markets - Colombia
Analysis by Region - Emerging Markets - Colombia We kept our GDP growth forecasts for Colombia unchanged at 1.9% for this year and 2.5% for 2025. This is because monthly activity in August declined as we expected, after a hefty rebound in July. We forecast GDP will expand by a moderate 0.5% q/q in Q ... Read More