New market study, "Colombia Food & Drink Report Q4 2015", has been published

From: Fast Market Research, Inc.
Published: Wed Sep 09 2015

Our real private consumption growth forecasts remain unchanged since last quarter, at 3.9% in 2015 and 3.7% in 2016. Earlier this year, we downgraded our growth forecast, as we expect lower global oil prices to negatively affect GDP growth over the coming years. The weak performance of the hydrocarbon sector, which accounts for around half of the country's exports, will weigh on real GDP growth and government revenues over the coming years. Tightening fiscal policy is likely to result in lower transfers and higher taxes. In addition, we expect inflation to accelerate in 2015, which will weigh on consumer confidence. Despite the country's fairly inflexible and costly labour market, the lack of bureaucracy involved in setting up a business and well developed financial markets continue to make Colombia an attractive investment destination across a number of sectors , including food and drink.

Headline Industry Data (local currency)

Total food consumption compound annual growth rate (CAGR), 2014 to 2019: +8.7%.

Full Report Details at

Alcoholic drinks value sales CAGR, 2014 to 2019: +6.3%.

Soft drinks value sales CAGR, 2014 to 2019: +9.2%.

Mass grocery retail sales CAGR, 2014 to 2019: +9.0%.

Key Company Trends

The Colombia Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Colombia Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Colombia.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for Colombia to test other views - a key input for successful budgeting and strategic business planning in the Colombian food and drink market.
* Target business opportunities and risks in Colombia through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.


BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

About Fast Market Research

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Contact Name: Bill Thompson
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