Colombia Prepared Meals - Market Assessment and Forecast to 2023

Colombia Prepared Meals - Market Assessment and Forecast to 2023

Summary

The Colombian prepared meals sector is led by ‘ready meals’ category in both value and volume terms. The category is also expected to register the fastest value and volume growth during 2018-2023. Convenience stores is the leading distribution channel for the prepared meals products in the country. Rigid plastics is most commonly used pack material in the sector, followed by rigid metal. Industria De Alimentos Zenú S.A.S., General Mills, Inc. and Kokoriko are the top three companies in the Colombian prepared meals sector.

The Country Profile report on the Prepared Meals sector in Colombia provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• Colombian prepared meals sector is expected to grow by value and volume terms during 2018-2023.
• Ready meals is the largest category in value and volume terms in Colombian prepared meals sector.
• Ready meals is also expected to register the faster growth rate in value and volume terms during 2018-2023.
• Convenience stores is the largest distribution channel.
• Industria De Alimentos Zenú S.A.S., General Mills, Inc. and Kokoriko are the top three companies in the Colombian prepared meals sector.
• Rigid plastics is the most commonly used pack material in the Colombian prepared meals sector, followed by rigid metal and flexible packaging.

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.