USD
Source: Euromonitor International, 2019. Prepared by Invest in Bogota Note: 2015 drop back is mainly caused by COP/USD
39% (US$ 3,9 billion)Beer
19% (US$ 1,9 billion)Carbonated drinks
16% (US$ 1,7 billion)Juices and bottled water
Main segments of the beverage industry in Colombia 2018
Processed Foods Sales in Colombia(2012-2022)
USD
bill
ion
Food Beverage Forecast
11% (US$ 1,1 billion)Spirits
5% (US$ 527 million)Coffee
10% (US$ 1 billion)Others
Main segments of the food industry in Colombia 2018
31% (US$ 3,8 billion)Milling, bakery and pastry
25% (US$ 3,1 billion)Dairy products
18% (US$ 2,2 billion)Flour, confectionery and snacks
11% (US$ 1,3 billion)Fruits, legumes, oils and sauces
9% (US$ 1,1 billion)Meat
6% (US$ 901 million)Others
AN INDUSTRY WITH HIGH POTENTIALWhile the per capita consumption of processed food in Latin America was USD 644in 2018, in Colombia was USD 455.
FOOD AND BEVERAGE
The food and beverage market in Colombia is constantly expanding and offers opportunities in several segments
is the expected growht of processed
food consumption between 2018
and 2023.
will be the industry’s annual growth demand in the next five
years.
Bilion US$are the estimated sales in 2021 for
this sector in Colombia.
AB InBev
Aje
Bimbo
FEMSA
Heineken
Kellogg’s
Nestlé
Parmalat
PepsiCo
The industry’s main players are
located in Bogota
0
5
10
15
20
25
30
2012 2013 2014 2015 2016 2019 2020 2021 202220182017
27.30 26.65
19.8422.62
25.09
28.13
32% 6% 29.8
The agency offers specialized services for investors during each step of their investment process: exploratory phase, start-up, operational phase and reinvestment, free of charge and on a confidential basis.
Carrera 7 No. 71-21, Torre B, Suite 407, Bogotá, Colombia.PBX: +57 (1) 742 3030
Invest in Bogota is the investment promotionagency for Bogota and Cundinamarca.
Meeting food demand through formats such as private labels and discount retailers.
Operations focused on the developing infrastructure and logistics, specially related to the enhancement of the industry’s value chain.
Production of superfoods, organic raw materials and functional food.
Opportunities in Bogota’s processed food industry:
Preferential access to more than 62 countries through 15 free trade agreements in force.
The Bogota market has a higher purchasing power than the rest of the country, with a GDP per capita greater in 55% than the national average.
39 of the top 100 companies in the industry.
Dynamic domestic demand: Bogota’s household consumption grew by 4% per year between 2013 and 2018.
With a middle class representing 51.6% of its population, Bogota has a robust market for value-added processed foods.
The city demands 60% of Colombian total imports, and accounts for 41% of the country’s food and beverage imports.
Valle
Antioquia
Atlantico
Santander
Others
23%
18%
4%
2%
11%
Bogota-region42%
V A L O R E S D E M A R C A
T R A N S P A R E N C I A
J e r a r q u i z a c i ó nd e i n f o r m a c i ó np a r a u n a l e c t u r aó p t i m a
D i n á m i c a
M u e s t r a d e c i c l o r u t a sy e s p a c i o s c a r a c t e r í s t i c o s
L a c i u d a d d e s d e d i f e r e n t e s p u n t o sd e v i s t a
P l a n o e n P i c a d oC o n t r a p i c a d oC e n i t a lN o r m a l
For more information, visit www.investinbogota.org
is the main consumption and sales center in ColombiaBogota-Region
Industry’s sales by department 2018
Source: Emis, 2018