Baby Food in Colombia
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Baby food market in Colombia has seen growth both in terms of value and volume between 2009 and 2015. The number of live births has been on a generally downward trend, with some periods of growth. In 2015, the live births recorded were 10.3% fewer than in 2005. Although Colombia is one of the more affluent markets in the region, it still has high levels of poverty. A substantial proportion of the market is supplied through locally manufactured baby foods. Overall, the economy has fared relatively well, although at present it is facing a number of difficulties. Inflation, rose to 5% in 2015 and is likely to be higher (around 7.5%) in 2016. The market is forecast to decline over the next two years, due to the negative impact of the Zika virus on the number of births.
Scope
• During the period 2009 to 2015 the baby food market in Colombia increased by 9.6% in volume, with all sectors except baby drinks experiencing growth. In terms of value, sales have grown by 62.2%.
• Milks accounted for 64% of value sales in 2015, up from 60% in 2009. Sales of cereals and wet meals were more or less equal in value terms in 2015.
• In 2015 Nestlé ranked first with a 32% value share, followed by Mead Johnson with 15%. In terms of volume, the local company Alpina is in second place, behind Nestlé.
• In 2015 around 75% of sales of baby milks occurred through drugstores/pharmacies, whereas food outlets accounted for 95% or over of sales of other products. Food outlets now take 73.4% of overall volume sales of baby food.
Reasons to Buy
Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
Investigates which categories are performing the best and how this is changing market dynamics.
Mead Johnson Nutrition Colombia Ltda
Aspen Labs Latam
Abbott de Colombia SA
Alpina Productos Alimenticios SA
Nutricia Colombia Ltda
Alimentos Polar Colombia SA (Productos Quaker)
Levapan SA (Compañía Nacional de Levaduras Levapan SA)
Unilever Andina
Colombina SA
Laboratorios Ordesa SL
LactalisParmalat Colombia Ltda.
Table of Contents
Table
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.