Colombia Beverages Consumption Trends and Forecasts Tracker, Q3 2024
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Colombia Beverages Market Report Overview
The Colombia beverages market size was 4.61 billion liters (BL) in Q3 2024. The Colombia beverages market research report offers comprehensive consumption volume data across several beverage categories for Q3 2024. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.
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Colombia Beverages Market Segmentation by Categories
Colombia Beverages Market Analysis by Categories, Q3 2024 (%)
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Soft drinks, hot drinks, and alcoholic drinks among others are the primary Colombia beverages market categories. In Q3 2024, soft drinks accounted for the highest beverages market share in Colombia.
Soft drinks: The primary sub-categories are packaged water, enhanced water, flavored water, carbonates, juice, and still drinks, among others. Carbonates accounted for the highest consumption volume in Q3 2024. New product launches with innovative promotional activities will enhance the category’s appeal among consumers. The launch of novel flavors will be crucial for regular carbonates’ volume growth.
Soft Drinks Beverages Market Analysis by Sub-Categories, Q3 2024 (%)
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Hot drinks: Hot coffee, hot tea, and other hot drinks are the main sub-categories within the hot drinks sector. Hot coffee was the most consumed sub-category in Q3 2024. The overall category’s volumes expanded owing to the rise in tourism activities and increased footfall at on-premises outlets.
Dairy and soy drinks and milk alternatives: The key sub-categories are condensed milk, drinking yogurt, evaporated milk, flavored milk, white milk, and fermented milk among others. White milk accounted for the highest volume in Q3 2024 as it is considered a necessity.
Alcoholic drinks: Beer, cider, flavored alcoholic beverages, and fortified wine among others, are the main sub-categories. In Q3 2024, beer was the leading sub-category with the highest consumption volume. In the long term, rising tourist arrivals will play a key role in boosting demand. Additionally, new product innovations and the introduction of low-/no-alcohol beers will support demand.
| Time Period | Q3 2024 |
| Consumption Volume (Q3 2024) | 4.61 billion liters (BL) |
| Key Categories | · Soft Drinks
· Hot Drinks · Dairy and Soy Drinks and Milk Alternatives · Alcoholic Drinks |
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Segments Covered in the Report
Colombia Beverages Market Categories Outlook (Volume, Billion Liters, Q3 2024)
- Soft Drinks
- Packaged Water
- Enhanced Water
- Flavored Water
- Carbonates
- Juice
- Nectars
- Still Drinks
- Squash/Syrups
- Fruit Powders
- Iced/RTD Tea Drinks
- Iced/RTD Coffee Drinks
- Sports Drinks
- Energy Drinks
- Bulk/HOD Water
- Hot Drinks
- Hot Coffee
- Hot Tea
- Other Hot Drinks
- Dairy and Soy Drinks and Milk Alternatives
- Condensed Milk
- Drinking Yogurt
- Evaporated Milk
- Fermented Milk
- Flavored Milk
- Grain, Nut, Rice and Seed Milk Alternative Drinks
- Soymilk
- White Milk
- Alcoholic Drinks
- Beer
- Cider
- Flavored Alcoholic Beverages
- Fortified Wine
- Brandy
- Gin & Genever
- Liqueurs
- Rum
- Sparkling Wine
- Specialty Spirits
- Still Wine
- Tequila & Mezcal
- Vodka
- Whiskey
Scope
The report provides:
- Top line consumption volumes for Q3-2024 vs Q3-2023, moving annual totals (MAT), the full year 2023 provisional data, and 2024 forecasts for all beverage categories.
- Carbonates consumption data for Q3-2024 vs Q3-2023, moving annual totals (MAT), the full year 2023 provisional data, and 2024 forecasts split by regular vs low calorie, and key flavor.
- An economic mood indicator with an assessment of industry confidence levels, private label performance vs brands, and price trends.
- Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for the full year 2024.
Reasons to Buy
- Gain an in-depth understanding of the most up-to-date trends in the Colombia beverage industry to support and enhance your strategic planning.
- Investigate the latest quarterly and emerging annual trends in Colombia to back your marketing initiatives.
- Analyze the latest beverage category 2024 forecast projections to make well-informed decisions on the outlook in the marketplace for your company.
- View a selection of the key quarterly new soft drinks product launches and identify competitor activity.
- Access a quarterly Special Focus on a current industry ‘hot topic’ offering qualitative insight from local consultants to determine opportunities for product innovation.
Table of Contents
Frequently asked questions
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What was the Colombia beverages market consumption volume in Q3 2024?
The beverage market consumption volume in Colombia was 4.61 billion liters (BL) in Q3 2024.
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What are the key categories in the Colombia beverages market?
The key categories in the Colombia beverages market are soft drinks, hot drinks, and alcoholic drinks among others.
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Which was the leading category in the Colombia beverages market in Q3 2024?
In Q3 2024, soft drinks was the leading category in the Colombia beverages market.
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Which are the key sub-categories in the soft drinks category?
The primary sub-categories are packaged water, enhanced water, flavored water, carbonates, juice, and still drinks, among others.
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