Reports
Reports
Sale
The Colombia liquor market size is estimated to expand at a CAGR of 5.40% between 2024 and 2032.
The Colombia liquor market growth is driven by the rising consumption of alcoholic beverages by adults at social gatherings and corporate events. It is anticipated that the target market will further expand in the upcoming years, as major alcoholic beverage producers dedicate additional resources to introduce beverages with unique and exotic flavours.
The on-trade segment, which includes restaurants and pubs, significantly contributes to the sales of the product. Additionally, Colombia is a highly sought-after vacation destination worldwide, attracting numerous visitors during the holiday season. This influx of tourists has a significant influence on the sales of liquor, as people prefer to consume beverages during their vacations, consequently driving up the Colombia liquor market share.
Beer enjoys a significant market demand, with consumption per capita in Colombia reaching 48.9 litres in 2021. This marked a 24.7% increase compared to the previous year. Colombia has historically experienced fluctuations in beer consumption per capita. The increasing beer consumption in the country can be attributed to increasing disposable incomes and rapid urbanisation. Further, the consumer interest in other beverage types is also increasing, with the U.S. whiskeys and bourbons experiencing a surge in popularity. However, the major source of whisky for the Colombian market is the UK.
Women are emerging as a significant consumer market for alcoholic beverages. They are demanding sophisticated beverages and drinks that guarantee improved experience. The increasing participation of women in workforce and their rising preference for premium beverages provide lucrative opportunities for the market expansion.
Colombia Liquor Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Distribution Channel
The market participants are directing their attention towards the establishment of microbreweries and the production of craft beers, which are highly sought after due to their distinctive flavours and artisanal characteristics.
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:
|
Breakup by 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 Liquor Market Overview
8.1 Key Industry Highlights
8.2 Latin America Liquor Historical Market (2018-2023)
8.3 Latin America Liquor Market Forecast (2024-2032)
8.4 Latin America Liquor Market Share by Country
8.4.1 Brazil
8.4.2 Colombia
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Others
9 Colombia Liquor Market Overview
9.1 Key Industry Highlights
9.2 Colombia Liquor Historical Market (2018-2023)
9.3 Colombia Liquor Market Forecast (2024-2032)
10 Colombia Liquor Market by Type
10.1 Tequila
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Whiskey
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Vodka
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Rum
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Brandy
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Gin
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
11 Colombia Liquor Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty 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 Value Chain Analysis
14 Trade Data Analysis (HS Code – 2208)
14.1 Major Exporting Countries
14.1.1 By Value
14.1.2 By Volume
14.2 Major Importing Countries
14.2.1 By Value
14.2.2 By Volume
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Diageo Plc
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 Pernod Ricard S.A.
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 Bacardi Ltd.
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 Dictador
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 Industria Licorera de Caldas
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 William Grant & Sons Ltd.
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 Parce Rum
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 RON LA HECHICERA S.A.S.
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 Empresa de Licores de Cundinamarca
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 de Licores y Alcoholes de Antioquia
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. Latin America Liquor Market: Key Industry Highlights, 2018 and 2032
2. Colombia Liquor Market: Key Industry Highlights, 2018 and 2032
3. Colombia Liquor Historical Market: Breakup by Type (USD Million), 2018-2023
4. Colombia Liquor Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Colombia Liquor Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Colombia Liquor Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Major Exporting Countries by Value
8. Major Importing Countries by Value
9. Major Exporting Countries by Volume
10. Major Importing Countries by Volume
11. Colombia Liquor Market Structure
The market is projected to grow at a CAGR of 5.40% between 2024 and 2032.
The market is influenced by various factors, including the impact of technological improvemeants for beverage production, and the production of flavoured wine, beer, and cocktails.
The key trends aiding the market expansion include the growing preference for craft beer and the rising trend of liquor consumption in cafes and bars.
The major types of liquor in the market are tequila, whiskey, vodka, rum, brandy, and gin.
The major types of distribution channels in the market are supermarkets and hypermarkets, specialty stores, convenience stores, and online, among others.
The major players in the market are Diageo Plc, Pernod Ricard S.A., Bacardi Ltd., Dictador, Industria Licorera de Caldas, William Grant & Sons Ltd., Parce Rum, RON LA HECHICERA S.A.S., Empresa de Licores de Cundinamarca, and Fábrica de Licores y Alcoholes de Antioquia, among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.