IMARC Group’s latest report, titled “Colombia Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the Colombia dairy market is expected to grow at a CAGR of around 4% during 2022-2027. Dairy refers to various food products manufactured using milk harvested from animals, such as cows, sheep, goats, camels, and buffalo. Some commonly available dairy products include butter, cheese, yogurt, ice cream, condensed milk, and cream. These products are rich in essential nutrients, such as calcium, protein, carbohydrate, potassium, phosphorus, riboflavin, zinc, magnesium, and vitamins A, D, and B12. They help strengthen immunity, enhance bone health, build and repair muscle tissues, improve cardiovascular health, and regulate blood pressure. As a result of their nutritional benefits, dairy products are widely consumed in Colombia.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Colombia Dairy Market Trends:
In Colombia, the growing health-conscious population and the escalating demand for dairy nutrition represent the primary factors driving the market. This can be attributed to the rising consumer awareness regarding the health benefits of dairy products. Additionally, the Government of Colombia is taking favorable initiatives, such as the launch of genetic and reproduction enhancement programs, nutritional approaches to improve milk quality, and intensive pasture management through rotational grazing and forage seeding. In line with this, the incorporation of automated technologies in dairy farms that assist in analyzing information for monitoring operations, such as herd and grass management, has propelled the market growth. Furthermore, several key players are launching clean label products free from artificial additives and healthy product variants, including low-fat, high calcium and protein milk, probiotics, and fortified dairy items. They are also investing in expanding their milk procurement networks and adopting innovative packaging solutions, such as pouches, tetra packs, and aluminum cans, that extend the product shelf life and support on-the-go consumption. Besides this, the recent transformation of the dairy industry from an unorganized sector into an organized one has catalyzed the market growth. Other factors, including the expanding food and beverage (F&B) industry, emerging farm mechanization trends, elevating income levels, rapid urbanization, and technological advancements, are also providing a positive thrust to the market growth.
- Based on the product type, the market has been categorized into milk, ice-cream, butter, cream, yogurt, cheese, and others.
- On the basis of the packaging type, the market has been divided into pouches, tetra-packs, bottles, cans, and others.
- The market has been segregated based on the distribution channel into supermarkets and hypermarkets, convenience stores, specialty retailers, online retail stores, and others.
- On a regional basis, the market has been classified into Andean, Caribbean, Pacific, Orinoquía, Amazon, and other regions.
- The competitive landscape of the market has also been examined, with some of the key players being Alpina Productos Alimenticios S.A. BIC, Alquería (Productos Naturales de la Sabana S.A.S.), Coolechera, Cooperativa Colanta Ltda, Nestlé S.A., and Parmalat Colombia Ltda.
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