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Colombia Craft Beer Market Size, Share, Growth, Analysis: By Product: Ales, Lagers, Others; By Distribution Channel: On-Trade, Off-Trade; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Colombia Craft Beer Market Outlook
The Colombia craft beer market size is projected to expand at a CAGR of 5.50% between 2024 and 2032.
Key Takeaways
- In the year 2022, Colombia imported $35 million worth of beer, ranking as the 60th biggest importer of beer globally.
- Colombia primarily imports beer from Mexico, Germany, the United States, Belgium, and Spain.
- With the growing health and wellness trends, more consumers seek low-alcohol or non-alcoholic beer options. Nowadays, craft brewers are creating flavourful and low-alcoholic beers to meet these preferences without sacrificing taste.
The Colombia craft beer market growth is driven by various factors such as the rising demand for low-alcohol drinks, higher disposable income, the introduction of new craft beer flavours, the increasing number of microbreweries, and the adoption of advanced technologies in alcohol production. The surge in popularity of beer events in the area is also contributing to the market expansion. These events enable craft breweries to broaden their market reach and provide beer enthusiasts with the chance to sample and discover various beer flavours. Furthermore, several major companies are making investments to promote craft beer culture in the region.
According to the Colombia craft beer market analysis, craft brewers are now incorporating natural ingredients that are rich in vitamin C and antioxidants, while also being low in alcohol content. This is aimed at attracting health-conscious consumers and those seeking low-alcohol beverages. Consuming craft beers in moderation offers numerous health benefits, including the improvement of blood vessel function, promotion of intestinal health, and reduction of blood pressure. For instance, hops, which are used as an ingredient in beer production, contain humulones, compounds that aid in reducing inflammation.
Furthermore, the craft beer market in Colombia is witnessing a rise in the adoption of sustainable practices aimed at minimising environmental impact and reducing water wastage in the brewing process. Craft beer makers are increasingly utilising water control systems, purification and filtration systems, and other methods to achieve these goals. These practices not only promote water conservation but also enable real-time monitoring of water consumption, identification of areas for improvement, and a reduction in dependence on potable water resources.
Market Segmentation
Colombia Craft beer Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Ales
- Lagers
- Others
Market Breakup by Distribution Channel
- On-Trade
- Off-Trade
Competitive Landscape
The market players are focusing on the production of low-alcohol beer and are also adopting sustainable manufacturing practices, strengthening their position in the market.
- Anheuser-Busch InBev SA/NV
- ARTESANOS DE CERVEZAS S.A.S
- Madriguera Brewing Co.
- 20Mission Cerveza
- Master Beer Brewery
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Craft Beer Market Overview
8.1 Key Industry Highlights
8.2 Latin America Craft Beer Historical Market (2018-2023)
8.3 Latin America Craft Beer Market Forecast (2024-2032)
9 Colombia Craft Beer Market Overview
9.1 Key Industry Highlights
9.2 Colombia Craft Beer Historical Market (2018-2023)
9.3 Colombia Craft Beer Market Forecast (2024-2032)
10 Colombia Craft Beer Market by Product
10.1 Ales
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Lagers
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Colombia Craft Beer Market by Distribution Channel
11.1 On-Trade
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Off-Trade
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Anheuser-Busch InBev SA/NV
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 ARTESANOS DE CERVEZAS S.A.S
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Madriguera Brewing Co.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 20Mission Cerveza
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Master Beer Brewery
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Craft Beer Market: Key Industry Highlights, 2018 and 2032
2. Colombia Craft Beer Market: Key Industry Highlights, 2018 and 2032
3. Colombia Craft Beer Historical Market: Breakup by Product (USD Million), 2018-2023
4. Colombia Craft Beer Market Forecast: Breakup by Product (USD Million), 2024-2032
5. Colombia Craft Beer Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Colombia Craft Beer Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Colombia Craft Beer Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.50% between 2024 and 2032.
The significant factors supporting the growth of the market include rising disposable incomes, increased alcohol consumption, and a growing number of beer-related events in the country.
The adoption of sustainable production methods and manufacturing of low-alcoholic beers are major trends prevailing in the market.
The major products, according to the market report are ales, and lagers, among others.
The major distribution channels in the market are on-trade and off-trade.
The key players in the market are Anheuser-Busch InBev SA/NV, ARTESANOS DE CERVEZAS S.A.S, Madriguera Brewing Co., 20Mission Cerveza, and Master Beer Brewery, among others.
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