Consumer and Market Insights: Confectionery in Colombia
The Confectionery market in Colombia is forecast to register higher growth in value terms during 2015-2020 compared to 2010-2015 due to low inflation rate, growing GDP per capita and a large base of young population. Sugar Confectionery is the leading value category and Chocolate category is forecast to register the fastest growth during 2015-2020. Confectionery consumption among Colombians is mainly influenced by the Premiumization & Indulgence and the Weight Management consumer trends.
The Colombian Confectionery market is forecast to register a CAGR of 3.5% in value terms during 2015-2020
The Sugar Confectionery category has the highest volume share in the overall Confectionery market.
Hypermarkets & Supermarkets is the leading distribution channel in the Colombian Confectionery market.
Bon Bon Bum is the leading Sugar Confectionery brand in Colombia, both in value and in volume terms.
Sleeve is the most commonly used outer type in the Colombian Confectionery market.
Canadean’s Consumer and Market Insights report on the Confectionery market in Colombia provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2010-2020
Category coverage: Value and growth analysis for Chocolate, Gum and Sugar Confectionery with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020
Leading players: Market share of brands
Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and others in 2015
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Bag/Sachet, Foil, Film, Box, and others
Consumer level trends: Top four consumer trends which influence Confectionery products consumption
Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020
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
Access the key and most influential consumer trends driving Confectionery products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Access to analysis on products launched in the market
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
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