Colombia - The Future of Foodservice to 2024
Summary
Colombia - The Future of Foodservice to 2024” published by GlobalData provides extensive insight and analysis of the Colombian Foodservice market over the next five years (2019-2024) and acts as a vital point of reference for operators or suppliers. The report includes:
Stable economic growth combined with falling unemployment has created a middle class that is better able to afford out-of-home meal occasions. As such, the Colombian economy grew by 3.1% in 2024, with the market becoming increasingly attractive for international investment. The foodservice sector itself saw a CAGR of 5.1% between 2014 and 2024, some of the highest rates in Latin America.
Overview of Colombia's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Colombia's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within Colombia's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Colombian population.
Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
Case Studies: Learn from examples of recent successes and failures within the Colombian foodservice market.
Scope
- An increase in employment and rising disposable incomes are the key drivers of the a rise in consumption in the Colombian foodservice industry, with more consumers than ever opting to dine out.
- Pub, Club and Bar dominates the Colombian foodservice industry, accounting for 39.7% of share. This is followed by FSR with half the share, at 17.9%.
- Specific forecasts of the foodservice market over the next five years (2019-2024) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within Colombia's foodservice market.
- Report Guide: Main Sections
- Report Guide: Sub-Sections
- Executive Summary
- Executive Summary: Consumer Trends
- Macroeconomic Context
- Macroeconomic Overview
- Introducing Consumer Segments
- Introducing Consumer Segments: Constructing the Segments
- Introducing Consumer Segments: Frugal Convenience-Seekers
- Introducing Consumer Segments: Time-Poor Experimenters
- Introducing Consumer Segments: Sporadic Splurgers
- Introducing Consumer Segments: Regimented Routiners
- Introducing Consumer Segments: Inbetweeners
- Introducing Consumer Segments: Key Channel Overview
- Profit Sector
- Profit Sector Metrics
- Table Technology, tourism, and immigrants from Venezuela are the major factors that are changing the foodservice market
- Profit Sector: Value and Share by Channel
- Profit Sector: Value Growth by Channel
- Profit Sector: Outlets and Growth by Channel
- Profit Sector: Transactions and Growth by Channel
- Profit Sector: Operator Buying Volumes and Growth by Channel
- Profit Sector: Channel Historic Growth Dynamics
- Profit Sector: Channel Future Growth Dynamics
- Profit Sector: Restaurant: Outlet–Type Growth Dynamics
- Table Restaurant outlet types value growth CAGR 2019–2024
- Profit Sector: Restaurant: Owner–Type Growth Dynamics
- Table Restaurant owner types value growth CAGR 2019–2024
- Profit Sector Metrics
- Quick Service Restaurants (QSR)
- QSR: Summary
- QSR: Metrics: Growth Dynamics
- Table Transactions and average ticket price over outlets to drive value growth
- QSR: Key Players
- QSR: Key Consumers: Segment Overview
- QSR: Key Consumers: Frugal Convenience Seekers
- QSR: Key Consumers: Time-Poor Experimenters
- QSR: Key Consumers: Sporadic Splurgers
- QSR: Key Consumers: Regimented Routiners
- QSR: Key Consumers: Inbetweeners
- QSR: Key Consumers: Opportunity Areas
- QSR: Why?
- QSR: What?
- Table Operator Buying Price value COP million (US$ million)
- QSR: What?: Les Amis Bizcocheria: Case Study
- QSR: What? Les Amis Bizcocheria : Trends Targeted
- QSR: What? Les Amis: How did they achieve this?
- QSR: Where?
- QSR: What Next?
- Full Service Restaurants (FSR)
- FSR: Summary
- FSR: Metrics: Growth Dynamics
- Table Rising inflation and uncertain economy climate is expected to slow down FSR's sales
- FSR: Key Players
- FSR: Key Consumers: Segment Overview
- QSR: Key Consumers: Frugal Convenience Seekers
- FSR: Key Consumers: Time-Poor Experimenters
- FSR: Key Consumers: Sporadic Splurgers
- FSR: Key Consumers: Regimented Routiners
- FSR: Key Consumers: Inbetweeners
- FSR: Key Consumers: Opportunity Areas
- FSR: Why?
- FSR: What?
- Table Operator Buying Price value COP million (US$ million)
- FSR: What? - Andres Carne De Res: Case Study
- FSR: What? Andres Carne De Res: Trends Targeted
- FSR: What? Andres Carne De Res: How did they do this?
- FSR: Where?
- FSR: What Next?
- Pub, Club & Bar
- Pubs, Clubs & Bars: Summary
- Pubs, Clubs & Bars: Metrics: Growth Dynamics
- Table The pub, club and bar channel is by far the largest by revenue across Colombia's foodservice sector
- Pubs, Clubs & Bars: Key Consumers: Segment Overview
- Pubs, Clubs & Bars: Key Consumers: Frugal Convenience Seekers
- Pubs, Clubs & Bars: Key Consumers: Time-Poor Experimenters
- Pubs, Clubs & Bars: Key Consumers: Sporadic Splurgers
- Pubs, Clubs & Bars: Key Consumers: Regimented Routiners
- Pubs, Clubs & Bars: Key Consumers: Inbetweeners
- Pubs, Clubs & Bars: Key Consumers: Opportunity Areas
- Pubs, Clubs & Bars: Why?
- Pubs, Clubs & Bars: What?
- Table Operator Buying Price value COP million (US$ million)
- Pubs, Clubs & Bars: Where?
- Pubs, Clubs & Bars: What Next?
- Cost Sector
- Cost Operator Trends: Historic Growth
- Cost Operators: Data Breakdown
- Table The education channel accounts for 53.9% of Colombia's cost sector OBP
- Channel Definitions
- Other Definitions
- Key Components – Market Intelligence
Research Assistance
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