In an increasingly competitive landscape the ability to innovate and effectively market products will remain crucial over the forecast period. This pertains to exploring flavour profiles, adapting to changing consumption patterns, and introducing novel snack formats.
The Colombian regulatory environment is bracing for significant changes, particularly with the impending imposition of taxes on ultra-processed foods starting November 2023. This regulatory shift is expected to challenge the future performance of chocolate confectionery.
The rise in plant-based food options is paving the way for an innovative direction within the chocolate confectionery market. Key players are recognising the potential of healthier product offerings and are aligning their strategies accordingly.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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