According to latest analysis, the milk market in Colombia is projected to climb to USD 3,481 million by 2029-end, progressing at a CAGR of 5.1% during 2024-2029. The Colombia milk market is driven by an expanding middle class with increasing purchasing power, leading to heightened demand for premium and fortified dairy products. Colombian consumers are showing a growing preference for organic, lactose-free, and vitamin-enriched milk options, aligning with global health and wellness trends. Additionally, the market benefits from government efforts to boost domestic dairy production, aimed at reducing reliance on imports and ensuring a steady supply of high-quality milk. Investments in modern dairy farming and processing technologies further enhance the efficiency and competitiveness of local producers. The rise of modern retail channels and e-commerce platforms also plays a crucial role in making diverse milk products more accessible to a broader consumer base across the country.
The report delivers an in-depth analysis of the Colombia milk industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the milk market.
Market Segmentation
The following outlines the segmentation of the milk market in Colombia:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others
The Colombia milk market is segmented on the basis of product, and distribution channel. By product, the milk market in Colombia has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Based upon distribution channel, the milk market in Colombia is categorized into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
Some of the leading companies operating in the market are Productos Naturales de la Sabana S.A., Nestle S.A., Lactalis South Africa (Pty) Ltd., GRUPO GLORIA, Cooperativa Lechera Colanta S.A., Alpina Productos Alimenticios S.A.
This report delivers an in-depth breakdown of key players within the Colombia milk market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Colombia milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Colombia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Colombia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewColombia milk market – product analysis
Colombia milk market – distribution channel analysis
Key players and market share
– Productos Naturales de la Sabana S.A.
– Nestle S.A.
– Lactalis South Africa (Pty) Ltd.
– GRUPO GLORIA
– Cooperativa Lechera Colanta S.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Colombia milk market 2019-2029
Chart Colombia milk market, net growth, 2019-2029
Chart Colombia milk market, growth rates, 2019-2029
Table Colombia milk market by product, 2019-2029
Chart Colombia milk market by product, CAGR historic and forecast, 2019-2029
Chart Colombia milk market by product, 2019-2029
Table Colombia milk market by distribution channel, 2019-2029
Chart Colombia milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Colombia milk market by distribution channel, 2019-2029
Table Colombia milk market share (%), by companies, 2019-2023
Chart Colombia milk market, by companies, 2023
Table Colombia milk market share (%), by brands, 2019-2023
Chart Colombia milk 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 milk market: spend as a proportion of GDP (%)
Table Colombia milk market: consumption per capita (population)