Colombia was one of the first countries in the world to introduce a health tax targeting ultra-processed foods. Introduced at the end of 2023, the tax is 10% immediately, rising to 15% in 2024 and reaching 20% in 2025.
On top of the new health tax discussed above, a new sodium tax is gradually being phased in, as healthy authorities look to reduce the high salt intake among Colombians. This regulation has raised concerns within the restaurant and commercial establishment sector, as it mandates that foods high in sodium salts must modify their recipes to be distributed and sold in the country.
With costs likely to increase over the forecast period, due to for instance rising costs from the health tax, restauranteurs may need to changes their models in order to remain viable. Full-service restaurants will also face fierce competition from limited-service restaurants.
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Understand the latest market trends and future growth opportunities for the Full-Service Restaurants industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Full-Service Restaurants
FSR (full-service restaurants) encompasses all sit-down establishments where the focus is on food rather than on drink. FSR is characterized by table service and a relatively higher quality of food compared to quick-service units. Menus offer multiple selections and may include breakfast, lunch and dinner. Preparation of food products is often complex and involves multiple steps. NOTE: restaurants types catalogued in this segment refer to table-service only (outlets with a proper “full table service:” wait staff attending customers and taking orders at the tables). Outlets with “limited table service” are excluded from FSR. For example: outlets where customers order their food at the counter are excluded (even though the waiter will then bring the food at the table).
See All of Our DefinitionsThis report originates from Passport, our Full-Service Restaurants research and analysis database.
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