Colombia Chocolate Confectionery Market 2024

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Forecasts highlight a favorable growth outlook for the Colombia chocolate confectionery market, with a projected increase of USD 126.1 million and a compound annual growth rate (CAGR) close to 6.9% through 2029. The chocolate confectionery market in Colombia is benefiting from rising incomes and increased urbanization, particularly among younger consumers who are becoming more interested in premium chocolate products. The growing trend of health-conscious eating is driving demand for dark chocolates and organic variants. Furthermore, the tradition of gifting chocolates during festive seasons like Christmas, as well as the expanding retail sector, further fuels market growth.

The report offers a comprehensive evaluation of the Colombia chocolate confectionery market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the chocolate confectionery industry.


Market Segmentation


The Colombia chocolate confectionery market is classified into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, vending, e-commerce, others

The chocolate confectionery market in the Colombia is segmented by product type, type and distribution channel. The market is classified by product type into boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, and seasonal chocolates. Type segments are divided into regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, vending, e-commerce, and others.


Competitive Landscape


Top players featured in the Colombia chocolate confectionery market study include Nestle S.A., Mondelez International Inc., Mars Incorporated, Grupo Nutresa S.A., Grupo Arcor S.A., Ferrero International S.A., Comestibles Italo S.A., Colombina SA, Chocolates Triunfo S.A. and Chocoladefabriken Lindt & Sprungli AG.

This analysis offers a comprehensive overview of the main players in the chocolate confectionery market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Colombia chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Colombia chocolate confectionery market: product type, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Colombia chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Colombia chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Colombia Chocolate Confectionery Market – Product Type Analysis
Colombia Chocolate Confectionery Market – Type Analysis
Colombia Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Grupo Nutresa S.A.
– Grupo Arcor S.A.
– Ferrero International S.A.
– Comestibles Italo S.A.
– Colombina SA
– Chocolates Triunfo S.A.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Colombia Chocolate Confectionery Market 2019-2029
Chart Colombia Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Colombia Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Colombia Chocolate Confectionery Market by Product Type, 2019-2029
Chart Colombia Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Colombia Chocolate Confectionery Market by Product Type, 2019-2029
Table Colombia Chocolate Confectionery Market by Type, 2019-2029
Chart Colombia Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Colombia Chocolate Confectionery Market by Type, 2019-2029
Table Colombia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Colombia Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Colombia Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Colombia Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Colombia Chocolate Confectionery Market, by Companies, 2023
Table Colombia Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Colombia Chocolate Confectionery Market, by Brands, 2023
Table Colombia – Population (Millions) and Forecast
Table Colombia – Consumer Price Index (CPI) and Forecast
Table Colombia – Gross Domestic Product and Forecast
Table Colombia Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Colombia Chocolate Confectionery Market: Consumption per Capita (Population)


Companies Mentioned


Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Grupo Nutresa S.A.
Grupo Arcor S.A.
Ferrero International S.A.
Comestibles Italo S.A.
Colombina SA
Chocolates Triunfo S.A.
Chocoladefabriken Lindt & Sprungli AG


Product Type

Industry Statistics

Region

Latin America

Published Date

2024

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