In 2024, restaurant associations achieved a significant victory by reversing the ban on five essential ingredients in Asian cuisine, following the enactment of the Sodium Law in 2020. The law, which aimed to reduce sodium intake, had prohibited the import of 59 products high in sodium salts unless their recipes were modified.
Colombia is rapidly gaining recognition as a key player in the global gastronomic scene, and this will continue across the forecast period. Thanks to its diverse topography and climate, the country is able to produce a wide array of ingredients, preserving both its traditional and innovative culinary heritage.
The escalating cost of real estate leases will become a major obstacle for independent restaurants, particularly as they are often forced to operate in areas with high speculation rates. Rental prices for restaurant spaces vary significantly based on the city, location, and size, with leases ranging from COP15 million to COP140 million.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
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.
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.
If you're in the Full-Service Restaurants 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.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!