Fermented Meats (Savory and Deli Foods) Market in Colombia – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The fermented meats market in Colombia was valued at COP732.62 billion in 2020. The market is projected to grow at a CAGR of more than 4% during the forecast period. Chorizo is expected to be the fastest-growing segment of the fermented meats market between 2020 and 2025 while the weakest performing segment is forecasted to be other (fermented meats). Within the distribution channels, hypermarkets & supermarkets accounted for a majority share of the market for fermented meats. On the other hand, the slowest operating channel within Colombia fermented meats market was food & drinks specialists.
The Colombia fermented meats market research report provides up-to-date market size data for the period 2015-2020 and an illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for fermented meats and its variants chorizo, pepperoni, salami & other (fermented meats). Furthermore, the research handbook details overall market sales by distribution channel wherever applicable.
Due to ongoing large-scale uncertainties in the market due to the COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture into Colombia’s fermented meats (savory & deli foods) market. The comprehensive statistics within the research handbook provide insight into the operating environment of the market and ensure the right business decision-making based on historical trends and industry model-based forecasting.
Colombia fermented meats market overview
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What are the key segments in the Colombia fermented meats market?
The key segments in the Colombia fermented meats market are chorizo, salami, pepperoni, and other (fermented meats). In 2020, salami accounted for the major share in the market followed by the chorizo.
Colombia fermented meats market, by segments
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What are the key distribution channels in the Colombia fermented meats market?
The key distribution channels in the Colombia fermented meats market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, and others. Hypermarkets & supermarkets have the highest market share followed by convenience stores and food & drinks specialists.
Colombia fermented meats market, by distribution channels
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Market report scope
Market size (Year – 2020) | COP732.62 billion |
Growth rate (CAGR) | >4% |
Forecast period | 2020-2025 |
Key segments | Chorizo, Salami, Pepperoni, and Other Fermented Meats |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, Cash & Carries & Warehouse Clubs |
Scope
- Overall fermented meats (savory & deli foods) market value and volume analytics with growth analysis from 2015 to 2025.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the fermented meats (savory & deli foods) market and fill in the gaps in understanding 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 fermented meats market size in 2020?
The fermented meats market in Colombia was valued at COP732.62 billion in 2020.
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What is the Colombia fermented meats market growth rate?
The fermented meats market in Colombia is projected to grow at a CAGR of more than 4% during the forecast period.
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What are the key segments in the Colombia fermented meats market?
The key segments in the Colombian fermented meats market are chorizo, salami, pepperoni, and other (fermented meats).
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What are the key distribution channels in the Colombia fermented meats market?
The key distribution channels in the Colombian fermented meats market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, and others.
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