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Colombia Yoghurt Market Size, Share, Growth, Analysis: By Category: Conventional, Dairy Free; By Type: Set Yoghurt, Greek Yoghurt, Yoghurt Drink, Frozen Yoghurt; By Flavour: Flavoured, Non-Flavoured; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Others; Competitive Landscape; 2024-2032
Colombia Yoghurt Market Outlook
The Colombia yoghurt market size reached approximately USD 810 million in 2023. The market is projected to grow at a CAGR of 3.50% between 2024 and 2032, reaching a value of around USD 1066.64 million by 2032.
Key Takeaways
- The demand for plant-based yoghurt alternatives has risen due to the popularity of plant-based diets and lactose intolerance. Manufacturers are improving these alternatives by using ingredients like almonds, soy, and coconut to enhance texture, taste, and nutrition.
- In recent times, there has been an increasing inclination among people to give importance to their well-being, leading them to opt for fruit and flavoured yoghurt as a healthier alternative in comparison to traditional desserts.
- The increasing consumer preference for online grocery shopping is expected to boost the online sales of the product.
The Colombia yoghurt market growth is driven by rising consumer interest in convenient food items, continuous advancements in the food sector, and a growing recognition of the health advantages linked to yoghurt consumption. Within dining establishments, yoghurt is increasingly being used in various dishes to improve their taste and consistency.
As per the Colombia yoghurt market analysis, the surge in the desire for low sugar yoghurt in Colombia is propelled by the health apprehensions associated with heart disease, obesity, diabetes, and high blood pressure among the Colombian populace. Key players are employing diverse tactics to improve the benefits of low-fat yoghurt, including the integration of whey protein, thickeners, and augmenting the overall solids content. Moreover, an increasing number of consumers are adopting vegan lifestyles, resulting in the growing preference for vegan yoghurts made from soy or cashews.
The demand for flavoured variants is witnessing a growing popularity due to the increasing consumer desire for healthy as well as delicious products. The availability of various options in the market, ranging from blueberry to mango flavoured yoghurt to satisfy diverse needs of customers, adds to their sales.
Key market participants are engaged in expansion activities, including industry collaborations, innovative launches, and aggressive marketing. Some Colombian brands, for instance, offers a range of innovative products like coffee-flavoured yoghurts, which are also rich in calcium, protein, and caffeine, consequently driving the product demand.
Market Segmentation
Colombia Yoghurt Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Category
- Conventional
- Dairy Free
Market Breakup by Type
- Set Yoghurt
- Greek Yoghurt
- Yoghurt Drink
- Frozen Yoghurt
Market Breakup by Flavour
- Flavoured
- Non-Flavoured
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Competitive Landscape
Market players are placing a growing emphasis on manufacturing frozen and lactose-free yoghurts
- Productos Naturales De La Sabana S.A.S.
- Cooperativa COLANTA
- Alpina Productos Alimenticios SA BIC
- Cooperative of Milk Producers of the Atlantic Coast Ltda. (Coolechera)
- Lactalis International (Parmalat S.p.A.)
- Lacteos Aberdeen Ltda.
- 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 Category |
|
| Breakup by Type |
|
| Breakup by Flavour |
|
| Breakup by Distribution Channel |
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| 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 Latin America Yoghurt Market Overview
8.1 Key Industry Highlights
8.2 Latin America Yoghurt Historical Market (2018-2023)
8.3 Latin America Yoghurt Market Forecast (2024-2032)
8.4 Latin America Yoghurt 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 Yoghurt Market Overview
9.1 Key Industry Highlights
9.2 Colombia Yoghurt Historical Market (2018-2023)
9.3 Colombia Yoghurt Market Forecast (2024-2032)
10 Colombia Yoghurt Market by Category
10.1 Conventional
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Dairy Free
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Colombia Yoghurt Market by Type
11.1 Set Yoghurt
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Greek Yoghurt
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Yoghurt Drink
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Frozen Yoghurt
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 Colombia Yoghurt Market by Flavour
12.1 Flavoured
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Non-Flavoured
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Colombia Yoghurt 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 Specialty Stores
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Online
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 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 Trade Data Analysis (HS Code: 040310, 040320)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
18 Manufacturing Process
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Productos Naturales De La Sabana S.A.S.
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Cooperativa COLANTA
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Alpina Productos Alimenticios SA BIC
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Cooperative of Milk Producers of the Atlantic Coast Ltda. (Coolechera)
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Lactalis International (Parmalat S.p.A.)
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Lacteos Aberdeen Ltda.
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Yoghurt Market: Key Industry Highlights, 2018 and 2032
2. Colombia Yoghurt Market: Key Industry Highlights, 2018 and 2032
3. Colombia Yoghurt Historical Market: Breakup by Category (USD Million), 2018-2023
4. Colombia Yoghurt Market Forecast: Breakup by Category (USD Million), 2024-2032
5. Colombia Yoghurt Historical Market: Breakup by Type (USD Million), 2018-2023
6. Colombia Yoghurt Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Colombia Yoghurt Historical Market: Breakup by Flavour (USD Million), 2018-2023
8. Colombia Yoghurt Market Forecast: Breakup by Flavour (USD Million), 2024-2032
9. Colombia Yoghurt Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Colombia Yoghurt Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Major Exporting Countries by Value
12. Major Importing Countries by Value
13. Major Exporting Countries by Volume
14. Major Importing Countries by Volume
15. Colombia Yoghurt Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 810 million.
The market is estimated to grow at a CAGR of 3.50% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 1066.64 million by 2032.
The primary drivers behind the growth of the market include a rising need for convenient and healthy food options, a growing awareness of health advantages of yoghurt, and an increasing desire for yoghurt beverages.
The key trends aiding the market expansion include the introduction of new yoghurt flavour and the increasing investments in product marketing by brands.
The major categories of yoghurt in the market are conventional and dairy-free.
The major types of yoghurt in the market are set yoghurt, Greek yoghurt, yoghurt drink, and frozen yoghurt.
The major players in the market are Soprole SA, Watt’s S.A., Colun Ltda., Nestle SA, and Quillayes Surlat, among others.
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