After seeing steady growth in retail volume terms throughout the review period, sales of chilled processed meat will likely be challenged by Resolucion 2013 de 2020 which comes into effect at the end of 2022. This resolution has established a maximum level of sodium that is to be allowed in certain foods in Colombia, with this including chilled processed meat.
Inflationary pressures are anticipated to continue impacting sales of processed meat, seafood and alternatives to meat in 2023, with consumers likely to be more cautious and to prioritise their expenditure. Affordability and good value for money offerings will remain key in driving sales, although some consumers will likely still turn to more affordable sources of protein to make savings.
Sales of frozen processed seafood are anticipated to continue declining in retail volume terms over the forecast period. The most popular products are bread crumbed fish and burgers, with other innovations almost non-existent.
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Understand the latest market trends and future growth opportunities for the Processed Meat, Seafood and Alternatives to Meat 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 Processed Meat, Seafood and Alternatives to Meat 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.
Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.
See All of Our DefinitionsThis report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
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