Colombia Wine Market 2024

Description

The wine market in Colombia is anticipated to increase by USD 267.3 million till 2029 at an average annual growth of 6.4 percent as per the latest market estimates. The expansion of the middle class in Colombia has resulted in higher spending power and a greater demand for premium and imported wines. Younger consumers in Colombia are showing an increased interest in wine, favoring it over traditional alcoholic beverages. This demographic shift is driving demand for innovative and diverse wine products.

This report provides a thorough assessment of the Colombia wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.

Market Segmentation

The wine market in Colombia is categorized into the following segments:
Product: fortified wine, non-grape wine, sparkling wine, still wine, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, specialty stores, small grocery stores, foodservice channels, e-commerce, others

The Colombia wine market is segmented on the basis of product, and distribution channel. Based on product, the wine market in Colombia is categorized into fortified wine, non-grape wine, sparkling wine, still wine, and others. On the basis of distribution channel, the wine market in Colombia has been segmented into convenience stores, supermarkets and hypermarkets, discounters, specialty stores, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Colombia wine market is highly competitive. As of 2023, the major players in the Colombia wine market were Vina La Rosa S.A., Hijos de Antonio Barcelo S.A., Compania Cervecerias Unidas S.A., Vina Concha Y Toro S.A., Prorivinos Ltda, Casa Grajales S.A., S.A. Vina Santa Rita, Vina El Aromo, Vinos de la Corte SA.

This report provides a comprehensive analysis of the key players in the Colombia wine market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Colombia wine market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Colombia wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Colombia wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewColombia wine market – product analysis
Colombia wine market – distribution channel analysis
Key players and market share
– Vina La Rosa S.A.
– Hijos de Antonio Barcelo, S.A.
– Compania Cervecerias Unidas S.A.
– Vina Concha Y Toro S.A.
– Prorivinos Ltda
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Colombia wine market 2019-2029
Chart Colombia wine market, net growth, 2019-2029
Chart Colombia wine market, growth rates, 2019-2029
Table Colombia wine market by product, 2019-2029
Chart Colombia wine market by product, CAGR historic and forecast, 2019-2029
Chart Colombia wine market by product, 2019-2029
Table Colombia wine market by distribution channel, 2019-2029
Chart Colombia wine market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Colombia wine market by distribution channel, 2019-2029
Table Colombia wine market share (%), by companies, 2019-2023
Chart Colombia wine market, by companies, 2023
Table Colombia wine market share (%), by brands, 2019-2023
Chart Colombia wine market, by brands, 2023
Table Colombia – population (millions) and forecast
Table Colombia – consumer price index (CPI) and forecast
Table Colombia – gross domestic product and forecast
Table Colombia wine market: spend as a proportion of GDP (%)
Table Colombia wine market: consumption per capita (population)