| Product Code: ETC6760052 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia import of breast milk substitutes continued to be dominated by key exporters such as Mexico, Spain, Chile, Argentina, and Germany in 2024, showcasing a high Herfindahl-Hirschman Index (HHI) indicating market concentration. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained positive at 4.59%. This data suggests a stable market for breast milk substitutes in Colombia with consistent demand from leading exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Breast Milk Substitutes Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Breast Milk Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Breast Milk Substitutes Market - Industry Life Cycle |
3.4 Colombia Breast Milk Substitutes Market - Porter's Five Forces |
3.5 Colombia Breast Milk Substitutes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Colombia Breast Milk Substitutes Market Revenues & Volume Share, By Formula Type, 2021 & 2031F |
3.7 Colombia Breast Milk Substitutes Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Colombia Breast Milk Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of breast milk substitutes |
4.2.2 Growing working women population leading to higher demand for convenient feeding options |
4.2.3 Improving healthcare infrastructure and access to formula products in Colombia |
4.3 Market Restraints |
4.3.1 Cultural norms and societal pressure promoting breastfeeding over formula feeding |
4.3.2 Concerns about the quality and safety of breast milk substitutes |
4.3.3 Pricing pressures and economic challenges affecting consumer purchasing power |
5 Colombia Breast Milk Substitutes Market Trends |
6 Colombia Breast Milk Substitutes Market, By Types |
6.1 Colombia Breast Milk Substitutes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Breast Milk Substitutes Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Colombia Breast Milk Substitutes Market Revenues & Volume, By Ready-to-use, 2021- 2031F |
6.1.4 Colombia Breast Milk Substitutes Market Revenues & Volume, By Powdered, 2021- 2031F |
6.1.5 Colombia Breast Milk Substitutes Market Revenues & Volume, By Concentrated Liquid, 2021- 2031F |
6.2 Colombia Breast Milk Substitutes Market, By Formula Type |
6.2.1 Overview and Analysis |
6.2.2 Colombia Breast Milk Substitutes Market Revenues & Volume, By Hypoallergenic Formula, 2021- 2031F |
6.2.3 Colombia Breast Milk Substitutes Market Revenues & Volume, By Soy-based Formula, 2021- 2031F |
6.2.4 Colombia Breast Milk Substitutes Market Revenues & Volume, By Milk-based Formula, 2021- 2031F |
6.3 Colombia Breast Milk Substitutes Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Colombia Breast Milk Substitutes Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Colombia Breast Milk Substitutes Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.3.4 Colombia Breast Milk Substitutes Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Breast Milk Substitutes Market Import-Export Trade Statistics |
7.1 Colombia Breast Milk Substitutes Market Export to Major Countries |
7.2 Colombia Breast Milk Substitutes Market Imports from Major Countries |
8 Colombia Breast Milk Substitutes Market Key Performance Indicators |
8.1 Percentage of pediatricians recommending breast milk substitutes |
8.2 Rate of growth in sales of specialized formula for infants with specific dietary needs |
8.3 Number of new product introductions in the breast milk substitutes market |
9 Colombia Breast Milk Substitutes Market - Opportunity Assessment |
9.1 Colombia Breast Milk Substitutes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Colombia Breast Milk Substitutes Market Opportunity Assessment, By Formula Type, 2021 & 2031F |
9.3 Colombia Breast Milk Substitutes Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Colombia Breast Milk Substitutes Market - Competitive Landscape |
10.1 Colombia Breast Milk Substitutes Market Revenue Share, By Companies, 2024 |
10.2 Colombia Breast Milk Substitutes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |