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Tea in Colombia

Tea: In-depth Industry Report in Colombia

  • January 2017
  • 21 pages
  • ID: 296094
In this report:
Tea is expected to register a retail value CAGR of ##% at constant 2016 prices over the forecast period to reach COP##.## billion and a retail volume CAGR of ##% to reach ##,## tonnes in 2021
These factors jeopardised fiscal stability, as the government saw a decrease in revenue due to low oil prices along with increasing costs of internal and external debt, all of which led to a fiscal deficit of ##.##% of GDP in the first quarter of 2016.

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Colombians are not heavy drinkers of tea, and the category recorded for 6.0 percent of global retail value sales in hot drinks in 2016. Nevertheless, over the review period tea register a retail volume Compound annual growth rate of 4.0 percent compared with the global category's Compound annual growth rate of 2%. While advertising remained limited, the quick growth was supported by health and wellness trends that caught the attention of more clients, due to the product's antioxidant and natural slimming properties.

Euromonitor International's Tea in Colombia report provides a thorough outline of the market magnitude and design at a national level. It offers the latest retail sales data 2012-2016, permitting you to recognize the sectors generating growth. It highlights top firms and presents a strategic overview of main factors impacting the market, i.e. distribution, legislative or pricing issues. Projections to 2021 expose how the segment might evolve.

Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea.

Data coverage: market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Tea market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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