Country Profile: Seasonings, Dressings & Sauces sector in Colombia

Country Profile: Seasonings, Dressings & Sauces sector in Colombia

Published: May 2017
Publisher: GlobalData
Product ref: 283050
Pages: 141
Format: PDF
Delivery: By product vendor

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Summary

Growing economy, increasing urbanization rate and a large base of young population is driving the Seasonings, Dressings & Sauces sector in Colombia. The sector is also driven by Colombians who look to reproduce restaurant-quality food at home and are also trying new ingredients to improve food taste. Of the nine markets, Condiment Sauces is the largest in value and volume terms, while Bouillons & Stocks market is expected to register the fastest growth during the forecast period (2016-2021). Convenience Stores is the leading channel for the distribution of seasonings, dressings and sauces in the country. Unilever and Nestle are the leading players in the sector.

GlobalData’s Country Profile report on the Seasonings, Dressings & Sauces sector in Colombia provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?
• Market data: Overall market value and volume data with growth analysis for 2011-2021
• Category coverage: Value and growth analysis for Bouillons & Stocks, Chutneys & Relishes, Condiment Sauces, Dips, Dressings, Dry Cooking Sauces, Herbs, Spices & Seasonings, Tomato Pastes and Purées, and, Wet Cooking Sauces with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
• Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
• Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
• Packaging data: consumption breakdown for packaging materials and containers in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Jar, Bottle, Bag/Sachet, Tub, Box, Pouch, and Tube.

Scope

• The Colombia Seasonings, Dressings & Sauces sector grew at a CAGR of 5.8% during 2011-2016 and is forecast to register growth at a CAGR of 5.3% during 2016-2021.
• Condiment Sauces is the largest market in both value and volume terms
• Condiment Sauces is the most lucrative market with high market share, and high growth rate
• Knorr is the leading brand in the Colombian Bouillons & Stocks market
• The Colombian Seasonings, Dressings & Sauces sector is partly consolidated with the top five players accounting for nearly 44.1% of the market share by value in 2016.

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Manufacturers can identify the opportunities to position products with H&W attributes/benefits
• Access the key and most influential consumer trends driving Seasonings, Dressings & Sauces products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Price: $875.00

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Related research categories

By sector: Dressings (in Spreads, sauces & condiments), Sauces (in Spreads, sauces & condiments)

By market: Colombia (in South America)


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