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Colombia Ice Cream Market Size, Share, Growth, Analysis: By Source: Dairy-based, Plant-based; By Flavour: Chocolate, Fruit, Vanilla, Others; By Category: Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream; By Product Type: Cup, Stick, Cone, Tub, Brick, Others; By Distribution Channel; Market Dynamics; Competitive Landscape; 2024-2032
Colombia Ice Cream Market Outlook
The Colombia ice cream market size was approximately USD 383.87 million in 2023. The market is assessed to grow at a CAGR of 4.1% between 2024 and 2032, reaching a value of USD 555.54 million by 2032.
Key Takeaways
- Growing availability of super-indulgent ice creams in innovative flavours and formats supports the demand for impulse ice creams.
- The use of effective marketing strategies like seasonal and limited-time offerings help manufacturers increase their sales.
- The manufacturers are creating innovative ice creams including plant-based, dairy-free, low-fat, and low-sugar, to cater to vegans, lactose-intolerant individuals, and health-conscious customers.
The continuous growth of the middle-class population and the increase in disposable incomes have played a crucial role in boosting the Colombia ice cream market growth. Additionally, the expansion of ice cream parlour and hotels and restaurants has led to a surge in consumption of ice cream products. Consumers increasingly prefer ice cream parlours as they offer premium varieties and a range of flavours to cater to the needs of the local population.
As per the Colombia ice cream market analysis, the emerging trends in the market include the surging popularity of ice cream products that are sugar-free, low-fat, and vegan. Moreover, consumer preferences are shifting towards high-quality gourmet ice cream due to the rise in income levels. In response, ice cream companies in Colombia have started to innovate by introducing new flavours, incorporating new ingredients, and experimenting with different combinations to attract new customers.
Furthermore, globalisation has had a significant impact on the Colombian ice cream market, as exposure to international flavours inspire consumers to seek exotic ice cream varieties that go beyond traditional flavours. Additionally, the rise of online food delivery platforms has transformed the market dynamics, with leading food delivery services partnering with ice cream companies to offer convenient delivery options to customers.
Market Segmentation
Colombia Ice Cream Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Source
- Dairy-based
- Plant-based
Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Category
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Tub
- Brick
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice Cream Parlour
- Hotels and Restaurants
- Online
- Others
Competitive Landscape
The market players are presently developing innovative ice cream products, including sugar-free and dairy-free variants, to cater to the evolving needs of consumers.
- Crem Helado (Grupo Nutresa)
- P.C.A. Productora Y Comercializadora De Alimentos S.A.S. (Mimos®)
- Colombina SA.
- Grupo Arcor
- Unilever Plc
- Nestlé S.A.
- MontHelado S.A.
- Ben & Jerry's Homemade, Inc.
- General Mills, Inc.
- Fábrica Heladería Grido
- 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 Source |
|
| Breakup by Flavour |
|
| Breakup by Category |
|
| Breakup by Product Type |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
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| 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 Colombia Ice Cream Market Overview
8.1 Key Industry Highlights
8.2 Colombia Ice Cream Historical Market (2018-2023)
8.3 Colombia Ice Cream Market Forecast (2024-2032)
9 Colombia Ice Cream Market by Source
9.1 Dairy-based
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Plant-based
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Colombia Ice Cream Market by Flavour
10.1 Chocolate
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fruit
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Vanilla
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Colombia Ice Cream Market by Category
11.1 Impulse Ice Cream
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Take-Home Ice Cream
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Artisanal Ice Cream
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Colombia Ice Cream Market by Product Type
12.1 Cup
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Stick
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cone
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Tub
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Brick
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Colombia Ice Cream Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Ice Cream Parlour
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Hotels and Restaurants
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Online
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Crem Helado (Grupo Nutresa)
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 P.C.A. Productora Y Comercializadora De Alimentos S.A.S. (Mimos®)
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Colombina SA.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Grupo Arcor
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Unilever Plc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Nestlé S.A.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 MontHelado S.A.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Ben & Jerry's Homemade, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 General Mills, Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Fábrica Heladería Grido
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Colombia Ice Cream Market: Key Industry Highlights, 2018 and 2032
2. Colombia Ice Cream Historical Market: Breakup by Source (USD Million), 2018-2023
3. Colombia Ice Cream Market Forecast: Breakup by Source (USD Million), 2024-2032
4. Colombia Ice Cream Historical Market: Breakup by Flavour (USD Million), 2018-2023
5. Colombia Ice Cream Market Forecast: Breakup by Flavour (USD Million), 2024-2032
6. Colombia Ice Cream Historical Market: Breakup by Category (USD Million), 2018-2023
7. Colombia Ice Cream Market Forecast: Breakup by Category (USD Million), 2024-2032
8. Colombia Ice Cream Historical Market: Breakup by Product Type (USD Million), 2018-2023
9. Colombia Ice Cream Market Forecast: Breakup by Product Type (USD Million), 2024-2032
10. Colombia Ice Cream Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
11. Colombia Ice Cream Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12. Colombia Ice Cream Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 383.87 million.
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 555.54 million by 2032.
The rise in disposable income, the incorporation of ice cream in different desserts and beverages, and the increasing interest from the younger demographic are all contributing to the expansion of the ice cream industry in Colombia.
The emergence of unique and high-end ice cream varieties, the rise in health-conscious customers, and the surge in online food delivery services are the key trends shaping the market dynamics.
The major flavours in the market are chocolate, fruit, and vanilla, among others.
The major sources of ice cream in the market are dairy-based ice creams and vegan ice creams.
The major players in the market are Crem Helado (Grupo Nutresa), P.C.A. Productora Y Comercializadora De Alimentos S.A.S. (Mimos®), Colombina SA., Grupo Arcor, Unilever Plc, Nestlé S.A., MontHelado S.A., Ben & Jerry's Homemade, Inc., General Mills, Inc., and Fábrica Heladería Grido, among others.
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