Colombia Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Morning Goods, Bread, Breakfast Cereals, Crackers & Savory Biscuits, and Cakes, Pastries & Sweet Pies, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Colombia Baked Food & Cereals market has been recording a CAGR of 3.82% since 2010. The Crackers & Savory Biscuits category has shown the highest growth since 2010 with a CAGR of 5.68% and surpassed volume consumption of 88.80 Mn Kg in 2018. The Hot Cereals segment is expected to dominate the Sweet Biscuits sales during the forecast period. Convenience Stores remain an important distribution channel for Baked Food & Cereals sales.

Some of the Key Takeaways

Sandwich Biscuits constitute the leading segment in Sweet Biscuits category which has a per capita consumption of 0.4093 Kg in 2018.
Convenience Stores is the second largest distribution channel for the sales of Baked Food & Cereals in Colombia.
The Donuts segment is expected to witness a healthy value CAGR of 4.91% during the forecast period.