New regulatory changes in Colombia are poised to affect the sugar confectionery landscape significantly. A tax on ultra-processed edible goods is set to come into force from November 2023.
The competitive landscape in Colombia's sugar confectionery market is robust, with intense rivalry anticipated to persist over the forecast period. Major players such as Super de Alimentos, with its strong portfolio of popular sugar confectionery brands, strong distribution networks, and proficient sales and marketing capabilities, are expected to continue vying closely with Colombina.
Traditionally, the growth of sugar confectionery has been spurred by product development centred around new flavours, with taste remaining a key driver of consumption. However, the rising trend of plant-based options in packaged food signals potential innovation opportunities in medicated confectionery.
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Understand the latest market trends and future growth opportunities for the Sugar 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 Sugar 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 mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.See All of Our Definitions
This report originates from Passport, our Sugar Confectionery research and analysis database.
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