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Cereal brands in Colombia include a variety of healthy options and grains. As the world aims for a healthy breakfast, the demand for oatmeal, baked oatmeal, granola bars, healthy cereals, and cereal bars has steadily risen over the last years. Homemade granola and other homemade recipes have become exceedingly popular as people decide to focus more on healthy alternatives and home-cooked meals. In Colombia, cereal companies strive to offer quality products, providing the necessary nutrients and vitamins to their consumers. They have also adopted the use of rice flour and oat flour as optional ingredients for breakfast and have been ingenious in the marketing and presentation of their products so that they can be consumed not only during breakfast but during dinner, lunch, and as a healthy snack alternative.According to the research report "Colombia Breakfast Cereal Market Research Report, 2030," published by Actual Market Research, the market is expected to add USD 90 Million by 2027. The breakfast cereal market consists of two types of cereals: Hot cereal and ready-to-eat cold cereal Instant cereal (RTE), also known as cold cereal, includes corn flakes, chocolate flakes, wheat flakes, muesli, and hot cereals, which are mainly oatmeal, oat bran, and porridge
The ready-to-cook segment is presently dominating the market due to the convenience of preparing the food and thus saving time. The hot cereal segment is expected to grow at a higher CAGR during the forecast period due to the growing concern regarding health and wellness among consumers. In addition to this, consumers are shifting toward oats and other hot cereals as a breakfast meal, which is further driving the hot cereal segment. However, the availability of alternative breakfast meals, as well as the high cost of raw materials, is likely to limit the growth of the Colombia breakfast cereal market.The demand for convenience food is growing at a faster pace due to changes in social and economic patterns, as well as an increase in urbanization, buying power, awareness of healthy foods, changes in meal patterns and existing food habits, and a desire to taste new products. They are becoming extremely popular, especially among working-class people, teenage children, and people living in hostels, bachelors, and so on. Furthermore, recent innovations have led to the use of many traditional technologies like fermentation, extraction, encapsulation, fat replacement, and enzyme technology to produce new healthy breakfast cereal products, reduce or remove undesirable food components, and add specific nutrients.The population of Colombia was 51.265 Million
There are 25.17 million males and 26.09 million females in Colombia. The percentage of female population is 50.90% compare to 49.10% male population. Colombia has 0.92 million more females than males. The GDP of Colombia was USD 314.32 Billion in 2021. Due to consumers' considerable reliance on the aforementioned distribution for food shopping and the growing number of supermarkets throughout the city, the supermarket/hypermarket segment currently maintains a significant stake in the Colombia breakfast Cereal market. Colombia offers a full range of sales channels to consumers, with various distribution methods depending on the type of product offered
These methods range from traditional wholesalers selling to traditional shops which then sell to the public, to more sophisticated methods, such as large department stores and superstores, which are increasingly popular outlets. Grupo Éxito is the supermarket operator with the largest workforce in Colombia. Supermercados are the largest and have the broadest range of products. They usually carry international brands as well as local Colombian products.Covid-19The COVID-19 pandemic has positively impacted the growth of the breakfast cereal market. Because of the pandemic, people have become more concerned about their overall health, both physical and mental. Due to this, people are now starting to have a healthy breakfast
With this trend expected to continue post-pandemic, breakfast cereal manufacturers are introducing private label products that consumers perceive as more convenient to shop for and cook in, with the added safety of pre-packaged constituents. The pandemic has transformed the way consumers plan their meals. New offerings give people the flexibility to shop conveniently and similarly create healthy meals from scratch. In contrast, consumer and brand awareness has grown, with retailers vying to maintain the highest safety standards while also focusing on quality and sustainability. Besides, COVID-19 has generated multiple opportunities for many private players to emerge in the markets to cater to inflated demand.Considered in this report• Historic year: 2019• Base year: 2024• Estimated year: 2025• Forecast year: 2030Aspects covered in this report• Breakfast Cereal market with its value and forecast along with its segments• Various drivers and challenges• On-going trends and developments• Top profiled companies• Strategic recommendationBy Product• Hot Cereal• Ready to eatBy Ingredient Type• Wheat• Rice• Corn• Oats• Barley• OthersBy Distribution Channel• Supermarket & Hypermarket• Convenience Stores• E-Commerce/Online• OthersThe approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market
The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.Intended audienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Breakfast cereal industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Table of Contents
- 1.Executive Summary
- 2.Market Structure
- 2.1.Market Considerate
- 2.2.Assumptions
- 2.3.Limitations
- 2.4.Abbreviations
- 2.5.Sources
- 2.6.Definitions
- 2.7.Geography
- 3.Research Methodology
- 3.1.Secondary Research
- 3.2.Primary Data Collection
- 3.3.Market Formation & Validation
- 3.4.Report Writing, Quality Check & Delivery
- 4.Colombia Macro Economic Indicators
- 5.Market Dynamics
- 5.1.Market Drivers & Opportunities
- 5.2.Market Restraints & Challenges
- 5.3.Market Trends
- 5.3.1.XXXX
- 5.3.2.XXXX
- 5.3.3.XXXX
- 5.3.4.XXXX
- 5.3.5.XXXX
- 5.4.Covid-19 Effect
- 5.5.Supply chain Analysis
- 5.6.Policy & Regulatory Framework
- 5.7.Industry Experts Views
- 6.Colombia Breakfast Cereal Market Overview
- 6.1.Market Size By Value
- 6.2.Market Size and Forecast, By Product Type
- 6.3.Market Size and Forecast, By Ingredient type
- 6.4.Market Size and Forecast, By Distribution Channel
- 6.5.Market Size and Forecast, By Nature
- 6.6.Market Size and Forecast, By Region
- 7.Colombia Breakfast Cereal Market Segmentations
- 7.1.Colombia Breakfast Cereal Market, By Product Type
- 7.1.1.Colombia Breakfast Cereal Market Size, By Ready –to-Eat Cereals, 2019-
- 20307.1.2.Colombia Breakfast Cereal Market Size, By Hot Cereals, 2019-
- 20307.2.Colombia Breakfast Cereal Market, By Ingredient type
- 7.2.1.Colombia Breakfast Cereal Market Size, By Wheat, 2019-
- 20307.2.2.Colombia Breakfast Cereal Market Size, By Oats, 2019-
- 20307.2.3.Colombia Breakfast Cereal Market Size, By Corn, 2019-
- 20307.2.4.Colombia Breakfast Cereal Market Size, By Barley, 2019-
- 20307.2.5.Colombia Breakfast Cereal Market Size, By Rice, 2019-
- 20307.2.6.Colombia Breakfast Cereal Market Size, By Others, 2019-
- 20307.3.Colombia Breakfast Cereal Market, By Distribution Channel
- 7.3.1.Colombia Breakfast Cereal Market Size, By Supermarkets & Hypermarkets, 2019-
- 20307.3.2.Colombia Breakfast Cereal Market Size, By Convenience Stores, 2019-
- 20307.3.3.Colombia Breakfast Cereal Market Size, By E-commerce/Online, 2019-
- 20307.3.4.Colombia Breakfast Cereal Market Size, By Others, 2019-
- 20307.4.Colombia Breakfast Cereal Market, By Nature
- 7.4.1.Colombia Breakfast Cereal Market Size, By Organic, 2019-
- 20307.4.2.Colombia Breakfast Cereal Market Size, By Conventional, 2019-
- 20307.5.Colombia Breakfast Cereal Market, By Region
- 7.5.1.Colombia Breakfast Cereal Market Size, By North, 2019-
- 20307.5.2.Colombia Breakfast Cereal Market Size, By East, 2019-
- 20307.5.3.Colombia Breakfast Cereal Market Size, By West, 2019-
- 20307.5.4.Colombia Breakfast Cereal Market Size, By South, 2019-
- 20308.Colombia Breakfast Cereal Market Opportunity Assessment
- 8.1.By Product Type, 2025 to
- 20308.2.By Ingredient type, 2025 to
- 20308.3.By Distribution Channel, 2025 to
- 20308.4.By Nature, 2025 to
- 20308.5.By Region, 2025 to
- 20309.Competitive Landscape
- 9.1.Porter's Five Forces
- 9.2.Company Profile
- 9.2.1.Company
- 19.2.1.1.Company Snapshot
- 9.2.1.2.Company Overview
- 9.2.1.3.Financial Highlights
- 9.2.1.4.Geographic Insights
- 9.2.1.5.Business Segment & Performance
- 9.2.1.6.Product Portfolio
- 9.2.1.7.Key Executives
- 9.2.1.8.Strategic Moves & Developments
- 9.2.2.Company
- 29.2.3.Company
- 39.2.4.Company
- 49.2.5.Company
- 59.2.6.Company
- 69.2.7.Company
- 79.2.8.Company
- 810.Strategic Recommendations
- 11.Disclaimer
- Table 1: Influencing Factors for Breakfast Cereal Market, 2024
- Table 2: Colombia Breakfast Cereal Market Size and Forecast, By Product Type (2019 to 2030F) (In USD Million)
- Table 3: Colombia Breakfast Cereal Market Size and Forecast, By Ingredient type (2019 to 2030F) (In USD Million)
- Table 4: Colombia Breakfast Cereal Market Size and Forecast, By Distribution Channel (2019 to 2030F) (In USD Million)
- Table 5: Colombia Breakfast Cereal Market Size and Forecast, By Nature (2019 to 2030F) (In USD Million)
- Table 6: Colombia Breakfast Cereal Market Size and Forecast, By Region (2019 to 2030F) (In USD Million)
- Table 7: Colombia Breakfast Cereal Market Size of Ready –to-Eat Cereals (2019 to 2030) in USD Million
- Table 8: Colombia Breakfast Cereal Market Size of Hot Cereals (2019 to 2030) in USD Million
- Table 9: Colombia Breakfast Cereal Market Size of Wheat (2019 to 2030) in USD Million
- Table 10: Colombia Breakfast Cereal Market Size of Oats (2019 to 2030) in USD Million
- Table 11: Colombia Breakfast Cereal Market Size of Corn (2019 to 2030) in USD Million
- Table 12: Colombia Breakfast Cereal Market Size of Barley (2019 to 2030) in USD Million
- Table 13: Colombia Breakfast Cereal Market Size of Rice (2019 to 2030) in USD Million
- Table 14: Colombia Breakfast Cereal Market Size of Others (2019 to 2030) in USD Million
- Table 15: Colombia Breakfast Cereal Market Size of Supermarkets & Hypermarkets (2019 to 2030) in USD Million
- Table 16: Colombia Breakfast Cereal Market Size of Convenience Stores (2019 to 2030) in USD Million
- Table 17: Colombia Breakfast Cereal Market Size of E-commerce/Online (2019 to 2030) in USD Million
- Table 18: Colombia Breakfast Cereal Market Size of Others (2019 to 2030) in USD Million
- Table 19: Colombia Breakfast Cereal Market Size of Organic (2019 to 2030) in USD Million
- Table 20: Colombia Breakfast Cereal Market Size of Conventional (2019 to 2030) in USD Million
- Table 21: Colombia Breakfast Cereal Market Size of North (2019 to 2030) in USD Million
- Table 22: Colombia Breakfast Cereal Market Size of East (2019 to 2030) in USD Million
- Table 23: Colombia Breakfast Cereal Market Size of West (2019 to 2030) in USD Million
- Table 24: Colombia Breakfast Cereal Market Size of South (2019 to 2030) in USD Million
- Figure 1: Colombia Breakfast Cereal Market Size By Value (2019, 2024 & 2030F) (in USD Million)
- Figure 2: Market Attractiveness Index, By Product Type
- Figure 3: Market Attractiveness Index, By Ingredient type
- Figure 4: Market Attractiveness Index, By Distribution Channel
- Figure 5: Market Attractiveness Index, By Nature
- Figure 6: Market Attractiveness Index, By Region
- Figure 7: Porter's Five Forces of Colombia Breakfast Cereal Market
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