Colombia Food and Beverages Sector Report H1 2024

In 2023, Colombia's food and beverages sector decreased in real terms by 2.4% y/y, having presented outstanding growth in 2021 (5.8% y/y) and 2022 (7.5% y/y), and exhibits diverse trends and dynamics across its various segments. Despite a 1.56% y/y increase in meat and fish GVA in 2023, real sales and production witnessed a decline of 0.96% y/y, indicating a discrepancy between value and output. This trend is influenced by multiple factors, including the adverse effects of El Niño on livestock, closures of export plants due to currency devaluation and changing consumer habits towards reduced meat consumption for health and environmental reasons.

This report provides a complete and detailed analysis of the "Food and beverage production" sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Food and beverage production" sector in Colombia
• Crystallise the forces both driving and restraining this sector in Colombia
• Ascertain Colombia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Colombia.
• Build a clear picture of trends, output and consumption for specific sub-sectors