Colombia Spirits Market 2024

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The Colombia spirits market is anticipated to witness significant growth, with an expected uptick of USD 1.9 billion, equating to a compound annual growth rate (CAGR) of about 9.1% in the coming years. Colombia’s spirits market is shaped by traditional consumption of aguardiente alongside rising demand for whiskey and rum. Urbanization and an expanding middle class are driving interest in premium spirits, while the growth of cocktail bars in cities like Bogotá and Medellín is bolstering spirits consumption. International brands are increasingly penetrating the market as consumer tastes become more sophisticated.

This report presents a detailed overview of the Colombia spirits industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the spirits industry.


Market Segmentation


The Colombia spirits market is structured as follows:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The segmentation of the Colombia spirits market product type and distribution channel. By product type, it includes brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.


Competitive Landscape


Leading companies in the spirits market include William Grant & Sons Ltd., Pernod Ricard Group, Industria Licorera del Cauca, Industria Licorera de Caldas, Industria de Licores del Valle, Fabrica de Licores y Alcoholes de Antioquia, Fabrica de Licores del Huila, Empresa de Licores de Cundinamarca S.A., Diageo plc, D1 SAS, Brown-Forman Corporation, Bodega Las Copas S.L., Becle S.A.B. de C.V. and Bacardi Limited.

The report provides a detailed assessment of prominent companies within the spirits market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Colombia spirits market.
Gain in-depth analysis and forecasts for the key segments of the Colombia spirits market: product 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 spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Colombia spirits 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 Spirits Market – Product Type Analysis
Colombia Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Pernod Ricard Group
– Industria Licorera del Cauca
– Industria Licorera de Caldas
– Industria de Licores del Valle
– Fabrica de Licores y Alcoholes de Antioquia
– Fabrica de Licores del Huila
– Empresa de Licores de Cundinamarca S.A.
– Diageo plc

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Colombia Spirits Market 2019-2029
Chart Colombia Spirits Market, Net Growth, 2019-2029
Chart Colombia Spirits Market, Growth Rates, 2019-2029
Table Colombia Spirits Market by Product Type, 2019-2029
Chart Colombia Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Colombia Spirits Market by Product Type, 2019-2029
Table Colombia Spirits Market by Distribution Channel, 2019-2029
Chart Colombia Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Colombia Spirits Market by Distribution Channel, 2019-2029
Table Colombia Spirits Market Share (%), by Companies, 2019-2023
Chart Colombia Spirits Market, by Companies, 2023
Table Colombia Spirits Market Share (%), by Brands, 2019-2023
Chart Colombia Spirits 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 Spirits Market: Spend as a Proportion of GDP (%)
Table Colombia Spirits Market: Consumption per Capita (Population)


Companies Mentioned


William Grant & Sons Ltd.
Pernod Ricard Group
Industria Licorera del Cauca
Industria Licorera de Caldas
Industria de Licores del Valle
Fabrica de Licores y Alcoholes de Antioquia
Fabrica de Licores del Huila
Empresa de Licores de Cundinamarca S.A.
Diageo plc
D1 SAS
Brown-Forman Corporation
Bodega Las Copas S.L.
Becle, S.A.B. de C.V.
Bacardi Limited


Product Type

Industry Statistics

Region

Latin America

Published Date

2024

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