The implementation of black seals on labelling from December 2022 will likely present a significant challenge to manufacturers of table sauces. This is because although many brands have been working on the reformulation of their products, seeking to offer clean labels, the potential change in taste may lead consumers to drop brands and move to other alternatives.
Foodservice sales of sauces, dips and condiments witnessed a rapid recovery in 2021 as fears around the COVID-19 pandemic subsided, with this recovery continuing in 2022. The prospects for the forecast period are less certain due to the economic challenges facing the country, which could see consumers cutting back on non-essential spending.
Badia is expected to strengthen its position in the Colombian market during the forecast period, with it offering a wide range of herbs and spices, including organic options. At the end of 2021, Grupo Nutresa created the company Basic Kitchen SAS which will focus on the commercialisation of the Badia brand, with it looking to expand its presence to different regions of the country by levering on the expertise and robust distribution of Grupo Nutresa.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments 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 Sauces, Dips and Condiments 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.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.
See All of Our DefinitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!