Sales of sweet spreads through discounters are foreseen to be a key driver of growth during the forecast period. The channel has seeing rapid expansion in the country in both rural and urban centres, while these stores are constantly improving their offer.
Black seals must be implemented on product labelling by December 2022. This is likely to have a negative impact on demand for products such as chocolate spreads and jams and preserves, at least in the short term, with consumers likely to either reduce their frequency of purchase or they will switch to healthier alternatives like honey, for example.
There is new legislation (Ley de Fomento Apicola (Ley 2193 de 2022) that has been introduced that should benefit beekeeping in the country. It is expected that local honey production will increase as a result, due to the incentives established under this legislation.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads 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 Sweet Spreads 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.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.See All of Our Definitions
This report originates from Passport, our Sweet Spreads research and analysis database.
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