A growing number of Colombian people are becoming increasingly aware of the harmful effects of a sedentary lifestyle and the consumption of junk food on their health. Every year, more people are increasing their physical activity and are growing more conscious and concerned about nutrition.
The majority of baked goods categories will be affected by new regulations requiring brands to incorporate warning black seals on the packaging of products containing excessive amounts of sugars, saturated fat, or sodium. Furthermore, these products will be subject to a new tax, set at 10% for 2023, and increasing to 15% in 2024 and 20% in 2025.
Consumer lifestyles are evolving in Colombia, and some of these changes will impact the baked goods industry. These changes encompass both positive and negative drivers.
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Understand the latest market trends and future growth opportunities for the Baked Goods 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 Baked Goods 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.
Baked Goods
This is the aggregation of bread, pastries, dessert mixes, frozen baked goods and cakes. Note: Baked goods from in-store bakeries are classified under unpackaged/artisanal, not packaged/industrial. While they may be finished on-site, they are often prepared, then frozen or par-baked, at other locations. Such production models are very important for supermarket in-store bakeries, which have in the past been used to drive traffic and fill stores with appetising aromas, but for which the labour resources required to run a full-service scratch bakery are not always available.
See All of Our DefinitionsThis report originates from Passport, our Baked Goods research and analysis database.
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