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Colombia Beverage Market Report and Forecast 2025-2034

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    Report

  • 128 Pages
  • May 2025
  • Region: Colombia
  • Expert Market Research
  • ID: 6096620
The Colombia beverage market size is projected to grow at a CAGR of 5.00% between 2025 and 2034.

As per the Colombia beverage market analysis, consumers are actively seeking out beverages that align with their health goals and dietary preferences. This shift in consumer demand has led to a significant increase in the variety and availability of healthier beverage options in the market. With rising rates of obesity and related health issues, consumers are increasingly looking for sugar-free or low-calorie alternatives to traditional sugary drinks. This has prompted beverage companies to develop and introduce a wide range of zero or reduced-sugar options, such as flavoured water, diet sodas, and unsweetened teas.

Additionally, there is a rising interest in functional beverages that offer added health benefits beyond hydration. These drinks are often enriched with minerals, vitamins, antioxidants, or other bioactive compounds that are believed to support specific health functions and offer benefits such as energy boost, or cognitive enhancement. Functional beverages can include products like vitamin-infused water, protein shakes, or herbal teas with added health-promoting ingredients.

Moreover, the Colombian government encourages the adoption of healthier beverages and food products. In November 2022, the Colombian Congress gave its approval for a tax to be imposed on sugar-sweetened beverages (SSB) and ultra-processed products (UPPs), establishing Colombia as one of the pioneering nations to implement a tax on ultra-processed products. Additionally, nowadays customers seek sustainably packaged food and beverage items to reduce their carbon footprints, consequently influencing the Colombia beverage market share.

Market Segmentation

Colombia Beverage Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Alcoholic Beverage
  • Beer
  • Wine
  • Spirits
  • Non-Alcoholic Beverage
  • Energy and Sports Drink
  • Soft Drinks
  • Bottled Water
  • Packaged Juice
  • RTD Tea and Coffee
  • Others

Market Breakup by Packaging Type

  • Bottles
  • Can
  • Others

Market Breakup by Distribution Channel

  • Online
  • Offline

Competitive Landscape

The market participants are increasingly prioritising the development of functional foods and beverages to meet the needs of health-conscious consumers. Additionally, they are placing a greater emphasis on adopting sustainable production and packaging practices to support environmental sustainability.
  • Nestlé SA
  • Red Bull GmbH
  • The Coca-Cola Company
  • PepsiCo, Inc.
  • Diageo plc
  • Bacardi & Company Limited
  • AB InBev (Bavaria & CIA S.C.A.)
  • Heineken NV
  • Grupo AJE
  • Postobón S.A.
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Beverage Market Overview
5.1 Key Industry Highlights
5.2 Latin America Beverage Historical Market (2018-2024)
5.3 Latin America Beverage Market Forecast (2025-2034)
5.4 Latin America Beverage Market Breakup by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Others
6 Colombia Beverage Market Overview
6.1 Key Industry Highlights
6.2 Colombia Beverage Historical Market (2018-2024)
6.3 Colombia Beverage Market Forecast (2025-2034)
7 Colombia Beverage Market by Product Type
7.1 Alcoholic Beverage
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Type
7.1.3.1 Beer
7.1.3.2 Wine
7.1.3.3 Spirits
7.2 Non-Alcoholic Beverage
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.2.3 Breakup by Type
7.2.3.1 Energy and Sports Drink
7.2.3.2 Soft Drinks
7.2.3.3 Bottled Water
7.2.3.4 Packaged Juice
7.2.3.5 RTD Tea and Coffee
7.2.3.6 Others
8 Colombia Beverage Market by Packaging Type
8.1 Bottles
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Can
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Others
9 Colombia Beverage Market by Distribution Channel
9.1 Online
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Offline
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Trade Data Analysis (HS Code: 22)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Nestlé SA
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Red Bull GmbH
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 The Coca-Cola Company
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 PepsiCo, Inc.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Diageo plc
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Bacardi & Company Limited
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 AB InBev (Bavaria & CIA S.C.A.)
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Heineken NV
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Grupo AJE
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Postobón S.A.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Others

Companies Mentioned

  • Nestlé SA
  • Red Bull GmbH
  • The Coca-Cola Company
  • PepsiCo, Inc.
  • Diageo plc
  • Bacardi & Company Limited
  • AB InBev (Bavaria & CIA S.C.A.)
  • Heineken NV
  • Grupo AJE
  • Postobón S.A.