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Drinking Milk Products in Colombia

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    Report

  • 18 Pages
  • August 2024
  • Region: Colombia
  • Euromonitor International
  • ID: 2096766
In terms of consumer preferences, semi-skimmed shelf stable milk accounts for the largest proportion of drinking milk in volume terms, with the remainder mostly attributable to fat-free varieties. However full-fat milk brand Alquería has been evoking consumer nostalgia with its whole milk Super Creamy offering.

The Drinking Milk Products in Colombia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Flavoured Milk Drinks, Milk, Powder Milk.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Drinking Milk Products market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Consumers are moving to semi-skimmed milk
  • Weather and inflation places strain on milk
  • Focus on health & wellness is key to sustaining growth in flavoured milk drinks
PROSPECTS AND OPPORTUNITIES
  • Cow’s milk faces competition as private labels and discounters continue to gain share
  • Plant-based milk has low appeal
  • A2 aims to revamp fresh milk
CATEGORY DATA
  • Table 1 Sales of Drinking Milk Products by Category: Volume 2019-2024
  • Table 2 Sales of Drinking Milk Products by Category: Value 2019-2024
  • Table 3 Sales of Drinking Milk Products by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Drinking Milk Products by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Drinking Milk Products: % Value 2020-2024
  • Table 6 LBN Brand Shares of Drinking Milk Products: % Value 2021-2024
  • Table 7 Distribution of Drinking Milk Products by Format: % Value 2019-2024
  • Table 8 Forecast Sales of Drinking Milk Products by Category: Volume 2024-2029
  • Table 9 Forecast Sales of Drinking Milk Products by Category: Value 2024-2029
  • Table 10 Forecast Sales of Drinking Milk Products by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of Drinking Milk Products by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN COLOMBIA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2024: The big picture
  • Key trends in 2024
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 12 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
  • Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
  • Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
  • Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
  • Table 16 Penetration of Private Label by Category: % Value 2019-2024
  • Table 17 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
  • Table 18 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
  • Table 19 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources