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Colombia Dessert Market Size, Share, Growth, Analysis: By Product Type: Cakes and Pastries, Confectionery and Candies, Doughnuts and Pies, Custards and Pudding, Ice Creams, Yoghurt, Others; By Distribution Channel: Supermarkets/Hypermarkets, Speciality Stores, Convenience Stores, Others; Competitive Landscape; 2024-2032
Colombia Dessert Market Outlook
The Colombia dessert market size is projected to expand at a CAGR of 5.20% between 2024 and 2032.
Key Takeaways
- Colombia became the 69th largest importer of baked goods (including desserts) in the world in 2022, with imports totalling $91.3M.
- The trend of enhancing desserts with functional benefits is on the rise, with the addition of probiotics, protein, superfoods, and vitamins.
- Some of Colombia's most well-known desserts are Mazamorra, Aborrajados, Natilla, Arequipe or Manjar, and Cocada.
As per the Colombia dessert market analysis, desserts play a significant role in the Colombian culture, often being served in homes after meals alongside coffee. Coffee is a staple in Colombian cuisine, and the trend of pairing it with various desserts is becoming increasingly popular.
Concerns about excessive sugar intake and rise in diabetes and obesity rates are contributing to the demand for sugar-free dessert options. Consumers are seeking alternatives that allow them to indulge in sweets without compromising their health.
Additionally, plant-based desserts are gaining traction in the market. The rise of plant-based desserts has also sparked innovation in the dessert industry, with chefs and food manufacturers creating new and exciting options that cater to a wider range of dietary preferences. From dairy-free ice creams and cheesecakes to vegan cookies and brownies, there are now more options than ever for those looking to indulge in a sweet treat without compromising their health or values, consequently driving up the Colombia dessert market share.
Furthermore, Colombia is known for its variety of internationally acclaimed desserts, with Natilla being the most famous. This traditional Christmas treat is often enjoyed with buñuelos or fritters, which are made from wheat, corn flour, and cheese. Natilla is similar to a creamy custard or pudding, made with ingredients like flour, milk, panela, and cinnamon. Some people like to add raisins and coconut to enhance the flavor. Natilla is readily available in Colombian supermarkets while preparing it at home during the holiday season is a beloved tradition.
Market Segmentation
Colombia Dessert Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Cakes and Pastries
- Confectionery and Candies
- Doughnuts and Pies
- Custards and Pudding
- Ice Creams
- Yoghurt
- Others
Market Breakup by Distribution Channel
- Supermarkets/Hypermarkets
- Speciality Stores
- Convenience Stores
- Online
- Others
Competitive Landscape
The market participants are focusing on increasing the production of vegan and gourmet desserts to meet evolving demands of consumers and increase their overall revenue.
- Nestle SA
- Unilever Plc
- Inspire Brands, Inc.
- Mondelez International Inc.
- Ferrero International S.A.
- Hershey Co.
- Grupo Nutresa S.A.
- Colombina Candy Company, Inc.
- Fruservice SAS
- Sweetsol Sucursal Colombia
- 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 Type |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Dessert Market Overview
8.1 Key Industry Highlights
8.2 Latin America Dessert Historical Market (2018-2023)
8.3 Latin America Dessert Market Forecast (2024-2032)
8.4 Latin America Dessert Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Others
9 Colombia Dessert Market Overview
9.1 Key Industry Highlights
9.2 Colombia Dessert Historical Market (2018-2023)
9.3 Colombia Dessert Market Forecast (2024-2032)
10 Colombia Dessert Market by Product Type
10.1 Cakes and Pastries
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Confectionery and Candies
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Doughnuts and Pies
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Custards and Pudding
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Ice Creams
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Yoghurt
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 Colombia Dessert Market by Distribution Channel
11.1 Supermarkets/Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Speciality Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Convenience Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
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 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Nestle SA
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Unilever Plc
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Inspire Brands, Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Mondelez International Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Ferrero International S.A.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Hershey Co.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Grupo Nutresa S.A.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Colombina Candy Company, Inc.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Fruservice SAS
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Sweetsol Sucursal Colombia
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Dessert Market: Key Industry Highlights, 2018 and 2032
2. Colombia Dessert Market: Key Industry Highlights, 2018 and 2032
3. Colombia Dessert Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Colombia Dessert Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Colombia Dessert Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Colombia Dessert Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Colombia Dessert Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.20% between 2024 and 2032.
The rise in demand for desserts with reduced sugar/calorie content, the surge in dessert consumption during special occasions and holidays, and the wide variety of traditional desserts and their increasing consumption are the primary drivers of the market.
The primary trends in the market are the rising popularity of gourmet desserts and the growing demand for vegan dessert options.
The major product types, according to the market report are cakes and pastries, confectionery and candies, doughnuts and pies, custards and pudding, ice creams, and yoghurt, among others.
The major distribution channels are supermarkets/hypermarkets, speciality stores, convenience stores, online, and others.
The major players in the market are Nestle SA, Unilever Plc, Inspire Brands, Inc., Mondelez International Inc., Ferrero International S.A., Hershey Co., Grupo Nutresa S.A., Colombina Candy Company, Inc., Fruservice SAS, and Sweetsol Sucursal Colombia, among others.
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