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Colombia Poultry Market

Colombia Poultry Market Size, Share, Trends, Analysis: By Type: Broiler, Eggs; By End Use: Food Service, Retail; By Distribution Channel: Business to Business, Traditional Retail Stores, Modern Retail Stores; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Colombia Poultry Market Size

The Colombia poultry market reached approximately 2.03 MMT in 2023. The market is projected to grow at a CAGR of 3.10% between 2024 and 2032, reaching a volume of around 2.68 MMT by 2032.

 

Colombia Poultry Market Outlook

  • As of February 2024, Colombia has reallowed entry to the US-based poultry exporters in its market after the temporary ban in 2023, amid rising concerns of pathogenic avian influenza (HPAI).
  • As per the industry report, poultry farming in Colombia witnessed a growth of around 3.5 per cent.
  • Cargill announced the launch of its most advanced state-of-the-art poultry incubation facilities in 2022.

 

Colombia Poultry Market Growth

The growing demand for protein-rich diets, the shift in consumer eating habits, and the rising focus on sustainable practices in poultry farming are prominent market drivers. Furthermore, poultry is cost-effective in comparison to other protein sources, making it easily accessible to a large percentage of the Colombian population.

 

There is a surge in the demand for processed poultry products such as nuggets, sausages, and pre-cooked meals due to the hectic lifestyles of job-going individuals and the desire for convenient food choices. To meet the varied preferences of consumers, several companies are also prioritising value addition by offering a wide range of processed poultry products.

 

Technological advancements such as the implementation of advanced breeding, feeding, and disease management techniques have resulted in enhanced poultry productivity and efficiency in the country. The incorporation of automated systems in poultry farming, including automated feeders and climate control systems, has further improved production efficiency and the quality of output.

 

Colombia Poultry Market

 

Colombia Poultry Industry Segmentation

“Colombia Poultry Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Broiler 
    • Live Broiler 
    • Processed  
  • Eggs

 

Market Breakup by End Use

  • Food Service
  • Retail 

 

Market Breakup by Distribution Channel

  • Business to Business 
  • Traditional Retail Stores
  • Modern Retail Stores

 

Colombia Poultry Market Share

Based on end use, the market is divided into food service and retail. The retail sector accounts for a substantial market share due to the widespread presence of supermarkets, hypermarkets, and local grocery stores that cater to a diverse range of consumers. The convenience, variety, and quality assurance provided by these retail outlets make them the preferred choice for consumers when purchasing poultry.

 

Leading Companies in the Colombia Poultry Market

The market players are implementing sustainable supply chain solutions to gain a competitive edge in the market.

 

  • Grupo Nutresa S.A.
  • BRF S.A
  • Cargill Inc.
  • AVSA S.A.
  • Tyson Foods Inc.
  • Industrias Bachoco, S.A.B. de C.V.
  • JBS S.A.
  • 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:

  • Type
  • End Use
  • Distribution Channel
Breakup by Type
  • Broiler  
  • Eggs
Breakup by End Use
  • Food Service 
  • Retail
Breakup by Distribution Channel
  • Business to Business 
  • Traditional Retail Stores 
  • Modern Retail Stores
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Grupo Nutresa S.A.  
  • BRF S.A  
  • Cargill Inc.  
  • AVSA S.A.    
  • Tyson Foods Inc.  
  • Industrias Bachoco, S.A.B. de C.V. 
  • JBS S.A.
  • Others

 

*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 Poultry Market Overview

    8.1    Key Industry Highlights
    8.2    Latin America Poultry Historical Market (2018-2023) 
    8.3    Latin America Poultry Market Forecast (2024-2032)
9    Colombia Poultry Market Overview
    9.1    Key Industry Highlights
    9.2    Colombia Poultry Historical Market (2018-2023) 
    9.3    Colombia Poultry Market Forecast (2024-2032)
10    Colombia Poultry Market by Type
    10.1    Broiler
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Type
            10.1.3.1    Live Broiler
            10.1.3.2    Processed 
    10.2    Eggs
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
11    Colombia Poultry Market by End Use
    11.1    Food Service
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Retail
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    Colombia Poultry Market by Distribution Channel
    12.1    Business to Business
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Traditional Retail Stores
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Modern Retail Stores
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyers Powers 
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Value Chain Analysis
15    Trade Data Analysis (HS Code – 0105)

    15.1    Major Exporting Countries 
        15.1.1    By Value
        15.1.2    By Volume
    15.2    Major Importing Countries 
        15.2.1    By Value
        15.2.2    By Volume
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Grupo Nutresa S.A.  
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    BRF S.A  
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Cargill Inc.  
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    AVSA S.A.    
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Tyson Foods Inc.  
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Industrias Bachoco, S.A.B. de C.V. 
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    JBS S.A.   
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Latin America Poultry Market: Key Industry Highlights, 2018 and 2032 
2.    Colombia Poultry Market: Key Industry Highlights, 2018 and 2032 
3.    Colombia Poultry Historical Market: Breakup by Type (MMT), 2018-2023 
4.    Colombia Poultry Market Forecast: Breakup by Type (MMT), 2024-2032
5.    Colombia Poultry Historical Market: Breakup by End Use (MMT), 2018-2023 
6.    Colombia Poultry Market Forecast: Breakup by End Use (MMT), 2024-2032
7.    Colombia Poultry Historical Market: Breakup by Distribution Channel (MMT), 2018-2023 
8.    Colombia Poultry Market Forecast: Breakup by Distribution Channel (MMT), 2024-2032
9.    Major Exporting Countries by Value
10.    Major Importing Countries by Value
11.    Major Exporting Countries by Volume
12.    Major Importing Countries by Volume
13.    Colombia Poultry Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate volume of 2.03 MMT.

The market is estimated to grow at a CAGR of 3.10% between 2024 and 2032.

The market is estimated to witness a healthy growth during 2024-2032 to reach around 2.68 MMT by 2032.

The market is being driven due to growing demand for protein-rich diets, the shift in consumer eating habits, and the rising focus on sustainable practices in poultry farming.

The key trends aiding the market include growing demand for processed poultry products, incorporation of automated systems in poultry farming, and rising launch of high-end incubation facilities.

Based on end use, market segmentations include food service and retail.

Different distribution channels are business to business, traditional retail stores, and modern retail stores, among others.

The major players in the market are Grupo Nutresa S.A., BRF S.A, Cargill Inc., AVSA S.A., Tyson Foods Inc., Industrias Bachoco, S.A.B. de C.V., and JBS S.A., among others.

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