Product Code: ETC040125 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Colombia Candy Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 6.25% in 2025, the market peaks at 7.07% in 2028, and settles at 6.63% by 2029.
In Colombia, the candy market is experiencing steady growth driven by the increasing consumer preference for indulgent and innovative confectionery products. Candy, also known as sweets or lollies, encompasses a wide variety of sugary treats including chocolates, gummies, hard candies, and marshmallows. With the rising disposable income and changing dietary preferences of consumers, there is a growing demand for premium and exotic candy flavors and formulations in Colombia. Market players are introducing new product variants, packaging designs, and marketing campaigns to attract consumers and enhance brand visibility in the competitive candy market. Additionally, the growing trend of gifting candies on special occasions and festivals is contributing to the market growth in Colombia.
The Colombia candy market is primarily driven by changing consumer preferences, evolving dietary habits, and increasing disposable incomes. Candy products encompass a wide range of confectionery items, including chocolates, gummies, hard candies, and lollipops, catering to different taste preferences and age groups. With rising urbanization, busy lifestyles, and a growing young population, there is a growing demand for convenient and indulgent snack options like candy. Moreover, product innovation, branding strategies, and the introduction of new flavors and variants further stimulate market growth as manufacturers seek to attract and retain consumers in a competitive market landscape.
The candy market in Colombia encounters challenges driven by changing consumer preferences and market dynamics. One significant challenge is the growing health consciousness among consumers, leading to increased demand for healthier and natural alternatives to traditional candies. This shift in preferences requires manufacturers to reformulate products, innovate with new ingredients, and adjust marketing strategies to cater to evolving tastes. Additionally, regulatory measures aimed at controlling sugar consumption and addressing childhood obesity pose challenges for the candy industry in terms of compliance and product reformulation.
Government regulations in Colombia regarding the candy industry encompass food safety, labeling requirements, and nutritional standards. Health authorities monitor compliance with regulations to ensure that candy products meet hygiene standards, contain accurate labeling information, and adhere to permissible ingredient limits.
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 Candy Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Candy Market - Industry Life Cycle |
3.4 Colombia Candy Market - Porter's Five Forces |
3.5 Colombia Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Colombia Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Colombia Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Candy Market Trends |
6 Colombia Candy Market, By Types |
6.1 Colombia Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Candy Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Colombia Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.4 Colombia Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Colombia Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Colombia Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Colombia Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Colombia Candy Market Revenues & Volume, By Specalist Retailers, 2021-2031F |
6.2.5 Colombia Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Colombia Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Colombia Candy Market Import-Export Trade Statistics |
7.1 Colombia Candy Market Export to Major Countries |
7.2 Colombia Candy Market Imports from Major Countries |
8 Colombia Candy Market Key Performance Indicators |
9 Colombia Candy Market - Opportunity Assessment |
9.1 Colombia Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Colombia Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Colombia Candy Market - Competitive Landscape |
10.1 Colombia Candy Market Revenue Share, By Companies, 2024 |
10.2 Colombia Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |