As consumption patterns continue to change, shifting towards a greater focus on convenience in terms of time and place to eat, and with the global scarcity of raw materials such as glass, packing in the form of eco pouches will expand. These pouches have a reduced environmental footprint and boast superior ease of use – as such, they are expected to develop further over the forecast period.
Honey has been rising in popularity among consumers as a perfect replacement for chocolate spreads and other sweet spreads, in light of the growing consumer aversion to sugar and the prioritisation of better-for-you products. As Colombians become more selective when choosing their honey, leaning towards local beekeepers and scrutinising labels, honey will gain momentum benefitting local businesses.
New laws regarding labelling and sugar tax may have a negative impact on demand for products such as chocolate spreads and jams and preserves, at least in the short term, with consumers likely to either reduce their frequency of purchase or switch to healthier alternatives like honey, for example. Manufacturers have been reformulating or widening their portfolios to help reduce the impact of the new regulations, which should help prevent a more significant decline in sales.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads 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 Sweet Spreads 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.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See All of Our DefinitionsThis report originates from Passport, our Sweet Spreads research and analysis database.
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