Over the forecast period, Colombia will witness changes in regulation concerning products that have high fat, sugar or salt content, as laid out by the front-labelling and sugar tax for food and beverages legislation. Coming into play in October 2023, the new policy will also impose restrictions on the physical and online presence of such products in strategic retail spaces and ban promotional offers such as buy-one-get-one-free, as has been seen regionally.
Current positive trends in sauces, dips and condiments are likely to continue throughout the forecast period, sustaining sales overall. Cooking at home will appeal to a rising number of consumers as economic woes reduce confidence.
Private label players are likely to remain strong in sauces, dressings and condiments over the forecast period, thanks to a strong presence throughout the category with products positioned at multiple price points from budget to premium. These products have become very popular among consumers as they are seen to offer both value for money and high quality.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.
See All of Our DefinitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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