Backed by the introduction of regulatory reforms, Colombia’s business climate has seen an improvement. Easy credit availability, increased internet usage clubbed with an improving ICT environment should augur well with the investors. However, weak ...

Alcoholic drinks in Colombia maintained its positive momentum in 2016, driven by beer and the recovery of aguardiente that registered a strong negative rate in 2015. Despite the economic deceleration of the Colombian economy, alcoholic drinks ...

Compared to the review period, which recorded a total volume CAGR of 4%, RTDs/high-strength premixes recorded its fastest growth in 2016 of 6%. Increasing availability through modern retailers, along with affordable prices compared to other alcoholic...

Other blended Scotch whisky continued to hold the largest total volume share of 90% within whiskies, but did not observe great dynamism during the review period. Instead, other smaller categories such as single malt Scotch whisky, Irish whiskey and ...

Traditionally in Colombia, the main distributors of wine are supermarkets, hypermarkets and food/drink/tobacco specialists, offering a wide variety of brands and price ranges affordable to all income segments. However, over the last two years of the ...

Beer in Colombia is dominated by Bavaria SA that traditionally held a volume share of over 97%, with its different brands. However, the recent movements in the category with the entrance of Central Cervecera de Colombia SAS, (a joint venture between ...

Total volume sales of cider/perry recorded an increase of 1% in 2016, faring better compared to the review period which posted a negative rate. Although no significant changes were observed in the habits of Colombians regarding cider, imports ...

Based on provisional estimates, the cat food category in Colombia is expected to post current value sales growth of 11% in 2017. Aside from the continued expansion of the country’s pet cat population, rising demand for higher quality and more ...

Based on provisional estimates dog food in Colombia is expected to post current value sales growth of 13% in 2017, which would be in line with its 2016 performance. Aside from price increases, strong growth in current value sales will be sustained by...

Based on provisional estimates, other pet food is expected to post current value sales growth of 6% in 2017, which would be a modest improvement on the rate recorded in 2016. Retail volume sales meanwhile are expected to grow by 1% in 2017, which ...

Pet care in Colombia looks set to continue performing strongly in 2017, with double-digit growth in total current value sales projected. The positive development of the market will continue to be underpinned by growth in the country’s pet population ...

Based on provisional estimates, pet products in Colombia is projected to record current value sales growth of 11% in 2017. The category will continue to benefit from growth in the country’s dog and cat populations and growth in the proportion of ...

Colombia’s economy will improve slightly in 2017. Increased spending on infrastructure and moderate gains in private consumption are the main drivers. Exports will also see a recovery. The peace agreement signed with FARC could boost tourism. ...

Latin America’s digital development is being fuelled by government action, especially through laws that encourage competition and implementation of projects that aim to extend fibre broadband among low-income consumers. The region is home to a ...

To cope with consumption deceleration, major chains such as Domino’s Pizza and Pizza Hut aim to be more versatile. Domino’s Pizza is opening outlets with an eat-in option, while Pizza Hut is focusing on its 100% home delivery/takeaway format ...

Juice/smoothie bars witnessed a phenomenon in 2015 and 2016; Cosechas Express. This Costa Rican franchise experienced an outstanding performance in Colombia over the review period, almost doubling its number of outlets year-on-year since it arrived ...

A dynamic travel and tourism industry is driving the expansion of consumer foodservice operators in air terminals and across Colombian roads. Major airports are being expanded to cope with the increasing demand. After inauguration of the new El ...

To face consumption deceleration, fast food brands are expanding their menus on several fronts. Meals to share is one trend. In addition to traditional roasted chicken which is the most popular meal to share, “picadas” are now seen in many outlets ...

The once strong growth witnessed at the beginning of the review period for full-service restaurants has decreased with the channel recording overall value growth close to inflation in 2016. Many full-service restaurants reported less traffic during ...

Amidst an economy still showing signs of deceleration, the new tax reform approved at the end of 2016 is likely to have both a positive and negative impact on consumer foodservice in 2017. Consumer foodservice is being influenced by the extension of ...