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Cooking Ingredients and Meals in Colombia

November 2022 | 47 pages | ID: C26D486D3B51EN
Euromonitor International Ltd

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Inflationary pressure is perhaps the most relevant issue in 2022, with rising prices having a big impact on the household budgets of many consumers. Most of the major categories within cooking ingredients and meals have suffered from a contraction in retail demand in 2022. Some of the most pronounced drops have been observed in soup, ready meals, soy oil and bouillon. Many consumers have opted to switch to smaller and more affordable pack sizes when shopping at small local grocers as a way to sa...

Euromonitor International's Cooking Ingredients and Meals in Colombia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Cooking Ingredients and Meals market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
COOKING INGREDIENTS AND MEALS IN COLOMBIA
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
Table 7 Penetration of Private Label by Category: % Value 2017-2022
Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN COLOMBIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Private label the big winner as the price of edible oils spirals upwards
Olive oil reaching a wider audience thanks to support from the discounters channel
Sunflower oil shines while most other categories are hit by a sharp increase in prices
PROSPECTS AND OPPORTUNITIES
Supply shortages and proposed tax increases present a possible threat to growth
Olive oil set to benefit from local bottling
Black seals present a significant challenge to sales of less healthy edible oils
CATEGORY DATA
Table 13 Sales of Edible Oils by Category: Volume 2017-2022
Table 14 Sales of Edible Oils by Category: Value 2017-2022
Table 15 Sales of Edible Oils by Category: % Volume Growth 2017-2022
Table 16 Sales of Edible Oils by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Edible Oils: % Value 2018-2022
Table 18 LBN Brand Shares of Edible Oils: % Value 2019-2022
Table 19 Distribution of Edible Oils by Format: % Value 2017-2022
Table 20 Forecast Sales of Edible Oils by Category: Volume 2022-2027
Table 21 Forecast Sales of Edible Oils by Category: Value 2022-2027
Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027
MEALS AND SOUPS IN COLOMBIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Ready meals lose appeal as COVID-19 restrictions are lifted
Doria Quinoa brings a healthier option to the table
Packaged soup suffers from high prices and unhealthy image
PROSPECTS AND OPPORTUNITIES
Prevailing economic uncertainty likely to undermine the growth of ready meals
New product development key to the expansion of ready meals
Soup feeling the strain as it falls out of fashion
CATEGORY DATA
Table 24 Sales of Meals and Soups by Category: Volume 2017-2022
Table 25 Sales of Meals and Soups by Category: Value 2017-2022
Table 26 Sales of Meals and Soups by Category: % Volume Growth 2017-2022
Table 27 Sales of Meals and Soups by Category: % Value Growth 2017-2022
Table 28 Sales of Chilled Ready Meals by Ethnicity: % Value 2017-2022
Table 29 Sales of Frozen Ready Meals by Ethnicity: % Value 2017-2022
Table 30 NBO Company Shares of Meals and Soups: % Value 2018-2022
Table 31 LBN Brand Shares of Meals and Soups: % Value 2019-2022
Table 32 Distribution of Meals and Soups by Format: % Value 2017-2022
Table 33 Forecast Sales of Meals and Soups by Category: Volume 2022-2027
Table 34 Forecast Sales of Meals and Soups by Category: Value 2022-2027
Table 35 Forecast Sales of Meals and Soups by Category: % Volume Growth 2022-2027
Table 36 Forecast Sales of Meals and Soups by Category: % Value Growth 2022-2027
SAUCES, DIPS AND CONDIMENTS IN COLOMBIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Steep price rises impacts demand across sauces, dips and condiments in 2022
Mixed results seen in cooking and table sauces
Trend towards plant-based diets influencing new product development
PROSPECTS AND OPPORTUNITIES
New black seals set to have an impact on table sauces
Foodservice sales set for steady growth but economic uncertainty continues to cloud the channel’s future
Players operating in herbs and spices looking to expand their distribution reach
CATEGORY DATA
Table 37 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
Table 38 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
Table 39 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
Table 40 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
Table 41 Sales of Liquid Recipe Sauces by Type: % Value 2017-2022
Table 42 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
Table 43 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
Table 44 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027
SWEET SPREADS IN COLOMBIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Jams and preserves sees drop in demand as consumers return to more active lives away from the home
Nutella loses share as consumers switch to more affordable private label options
Health and wellness trend fuelling demand for honey and nut and seed based spreads
PROSPECTS AND OPPORTUNITIES
Discounters expected to benefit from strong value proposition
New labelling requirements set to disrupt the market
New legislation leaves a sweet taste in the mouths of local honey producers
CATEGORY DATA
Table 49 Sales of Sweet Spreads by Category: Volume 2017-2022
Table 50 Sales of Sweet Spreads by Category: Value 2017-2022
Table 51 Sales of Sweet Spreads by Category: % Volume Growth 2017-2022
Table 52 Sales of Sweet Spreads by Category: % Value Growth 2017-2022
Table 53 NBO Company Shares of Sweet Spreads: % Value 2018-2022
Table 54 LBN Brand Shares of Sweet Spreads: % Value 2019-2022
Table 55 Distribution of Sweet Spreads by Format: % Value 2017-2022
Table 56 Forecast Sales of Sweet Spreads by Category: Volume 2022-2027
Table 57 Forecast Sales of Sweet Spreads by Category: Value 2022-2027
Table 58 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2022-2027
Table 59 Forecast Sales of Sweet Spreads by Category: % Value Growth 2022-2027


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