Product Code: ETC036564 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Colombia Food Processing market currently, in 2023, has witnessed an HHI of 1685, Which has increased moderately as compared to the HHI of 1528 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The food processing market in Colombia is expected to register a CAGR of 5.1% during the forecast period 2020-2026. Increasing demand for convenience foods, changing lifestyle, and increasing purchasing power are some of the key factors driving the growth of this market. Additionally, government initiatives such as improving infrastructure facilities and tax incentives will also boost the food processing industry in Colombia over the next few years
Also, rising consumer awareness about health and safety issues regarding processed foods has encouraged companies to invest more on product innovation so as to meet stringent regulations set by global standards bodies like CODEX Alimentarius Commission (CAC). This trend is likely to favor the growth of this market during forecast period. Furthermore, investment in cold chain logistics has increased significantly over recent years due to rising exports from Colombia which is likely to create new opportunities for food processors in terms of production capabilities and capacity expansion plans.
Moreover, foreign investments have been playing an important role in encouraging private entrepreneurs and corporate players towards modernizing their food processing plants with latest technology machines having high automation levels that help reduce costs associated with labor intensive processes resulting into improved operational efficiency leading ultimately to higher profit margins for them at lower cost points when compared against traditional manual methods used by smaller firms operating typically at local or regional level markets within Colombia itself
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Food Processing Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Food Processing Market Revenues & Volume, 2019 & 2026F |
3.3 Colombia Food Processing Market - Industry Life Cycle |
3.4 Colombia Food Processing Market - Porter's Five Forces |
3.5 Colombia Food Processing Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Colombia Food Processing Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Colombia Food Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Food Processing Market Trends |
6 Colombia Food Processing Market, By Types |
6.1 Colombia Food Processing Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Colombia Food Processing Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Colombia Food Processing Market Revenues & Volume, By Primary Food Processing, 2016 - 2026F |
6.1.4 Colombia Food Processing Market Revenues & Volume, By Secondary Food Processing, 2016 - 2026F |
6.1.5 Colombia Food Processing Market Revenues & Volume, By Tertiary Food Processing, 2016 - 2026F |
6.2 Colombia Food Processing Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Colombia Food Processing Market Revenues & Volume, By ย Vegetable Oil, 2016 - 2026F |
6.2.3 Colombia Food Processing Market Revenues & Volume, By Fruits and Vegetables, 2016 - 2026F |
6.2.4 Colombia Food Processing Market Revenues & Volume, By Drink, 2016 - 2026F |
6.2.5 Colombia Food Processing Market Revenues & Volume, By Puffed Food, 2016 - 2026F |
6.2.6 Colombia Food Processing Market Revenues & Volume, By Aquatic Product Processing, 2016 - 2026F |
6.2.7 Colombia Food Processing Market Revenues & Volume, By Others, 2016 - 2026F |
7 Colombia Food Processing Market Import-Export Trade Statistics |
7.1 Colombia Food Processing Market Export to Major Countries |
7.2 Colombia Food Processing Market Imports from Major Countries |
8 Colombia Food Processing Market Key Performance Indicators |
9 Colombia Food Processing Market - Opportunity Assessment |
9.1 Colombia Food Processing Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Colombia Food Processing Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Colombia Food Processing Market - Competitive Landscape |
10.1 Colombia Food Processing Market Revenue Share, By Companies, 2019 |
10.2 Colombia Food Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |