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Wednesday 13 March 2013

Colombia Food and Drink Report Q2 2013

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Colombia Food and Drink Report Q2 2013
Mar 13th 2013, 00:00

Despite shorter-term weakness expected for its consumer outlook, Colombia is rapidly evolving into oneof Latin America''s high-potential consumer markets, with this position bolstered by its improvingpolitical risk and employment profile. Major foreign retailers can be expected to continue targetingColombia?s rising middle class, although income disparities will remain an obstacle to faster growth offood and beverage sales values, both in the organised and non-organised retail segments.Headline Industry Data (in local currency)?? 2013 per capita food consumption = +6.61%; five-year forecast compound annual growth rate(CAGR) to 2017 = +8.12%.?? 2013 alcoholic...

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