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Cooking Ingredients and Meals in Colombia

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    Report

  • 47 Pages
  • November 2022
  • Region: Colombia
  • Euromonitor International
  • ID: 5567425
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.

The 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.

Table of Contents

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 COLOMBIAKEY 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 COLOMBIAKEY 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 COLOMBIAKEY 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 COLOMBIAKEY 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