Cooking Oils (Oils and Fats) Market in Colombia – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The cooking oils market size in Colombia was valued at COP3,211,637.89 million in 2020. The market is projected to grow at a CAGR of more than 5% during the forecast period. In 2020, the vegetable oil segment accounted for a major share, while other edible oils stood in the second position. Other edible oils is expected to be the fastest growing segment and corn oil is the weakest performing segment in the forecast period.
The Colombia cooking oils research handbook provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for oils and its variants cooking sprays, corn oil, olive oil, other edible oils, sunflower oil & vegetable oil. Furthermore, the research handbook details out sales value and volume for top brands for the year 2017 to 2020 and overall market sales by distribution channel (dollar stores, variety store & general merchandise retailers, cash & carries and warehouse clubs, convenience stores & gas stations, department stores, drug stores & pharmacies, chemists/pharmacies, parapharmacies/drugstores, eRetailers, food & drinks specialists, health & beauty stores, hypermarkets & supermarkets, direct sellers, others, on trade, vending machines, other specialist retailers, tobacco specialists) where ever applicable.
Colombia cooking oils market overview
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What are the key segments in the Colombia cooking oils market?
The key segments in the Colombian cooking oils market are vegetable oil, other edible oils, corn oil, sunflower oil, olive oil, and cooking sprays. In 2020, vegetable oil was the largest segment in the Colombia oils market both in terms of value and volume. Other edible oils was also the fastest-growing segment during the review period of 2015-2020. Cooking sprays had the least market value in 2020 and will continue to have so till 2025. Cooking sprays had the least share in the oils market in 2020 by market volume.
Cooking oils market in Colombia, by segment
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What are the key distribution channels in the Colombia cooking oils market?
The key distribution channels in the cooking oils market in Colombia are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs. Hypermarkets and supermarkets dominated the market.
Cooking oils market in Colombia, by distribution channel
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Who are the key brands in the Colombia cooking oils market?
Some of the key brands in the cooking oils market in Colombia are Premier (Oils), Gourmet (Oils), Canola Life, Danec Overall, Oliyosoya, Oleocali, and Private Label. Premier (Oils) led the market in 2020, both in terms of value and volume. However, Danec Overall has shown the fastest growth during the review period in value as well as volume. Oleocali had the least market value and as well as the least market volume in 2020.
Cooking oils market in Colombia, by key brands
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Market report scope
Market size (2020) | COP 3,211,637.89 million |
Growth rate | CAGR of >5% |
Forecast period | 2020-2025 |
Segmentation by type | Vegetable Oil, Other Edible Oils, Corn Oil, Sunflower Oil, Olive Oil, and Cooking Sprays |
Segmentation by distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, and Cash and Carries and Warehouse Clubs |
Key brands | Premier (Oils), Gourmet (Oils), Canola Life, Danec Overall, Oliyosoya, Oleocali, and Private Label |
This report provides:
- Overall cooking oils (oils and fats) market value and volume analytics with growth analysis from 2015 to 2025.
- Value and volume terms for the top brands.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the cooking oils (oils and fats) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics, and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the Colombia cooking oils market size in 2020?
The cooking oils market in Colombia was valued at COP3,211,637.89 million in 2020.
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What is the Colombia cooking oils market growth rate?
The cooking oils market in Colombia is projected to grow at a CAGR of more than 5% during the period 2020-2025.
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What are the key segments in the Colombia cooking oils market?
The key segments in the Colombian cooking oils market are vegetable oil, other edible oils, corn oil, sunflower oil, olive oil, and cooking sprays.
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What are the key distribution channels in the Colombia cooking oils market?
The key distribution channels used in the cooking oils market in Colombia are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs.
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What are the key brands in the Colombia cooking oils market?
Some of the key brands in the cooking oils market in Colombia are Premier (Oils), Gourmet (Oils), Canola Life, Danec Overall, Oliyosoya, Oleocali, and Private Label.
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