Colombia Beer Market Research Report, 2028

Colombia Beer market was valued at above USD 4.43 Billion in 2022

Colombia, located in South America, represents a compelling and emerging market for the beer industry. The country's diverse cultural heritage, stunning landscapes, and a burgeoning middle class present an array of opportunities for breweries seeking to establish a foothold in this dynamic market. Colombia boasts a robust beer-drinking culture deeply ingrained within its society. Beer consumption is prevalent in various social settings, ranging from gatherings and celebrations to leisure activities. It holds a significant place in Colombian cuisine, often paired with local delicacies such as empanadas, arepas, and bandeja paisa. Colombia's geographical diversity plays a crucial role in shaping the beer market landscape. The country's varied climates and landscapes provide ample opportunities for breweries to experiment with local ingredients and flavors. From the temperate Andean region to the tropical coastlines and the renowned coffee-growing regions, Colombia offers a vast array of flavors and indigenous ingredients that can be harnessed in beer production. The flourishing tourism industry in Colombia offers an additional avenue for beer market growth. The country's awe-inspiring natural beauty, historical landmarks, and bustling cities attract visitors from around the globe, presenting an ideal opportunity to showcase the local beer offerings and cater to the diverse preferences of international tourists. According to the research report "Colombia Beer Market Research Report, 2028," published by Actual Market Research, Colombia Beer market was valued at above USD 4.43 Billion in 2022.Aguila is the leading beer brand in Colombia, with a rich history that dates back to 1913. It is known for its iconic eagle logo and has become synonymous with Colombian beer culture. Every year, Colombia hosts the Bogota Beer Festival, a vibrant event that showcases a wide range of local and international beers. It attracts beer enthusiasts, brewers, and industry professionals from around the world. Every year, Colombia hosts the Bogota Beer Festival, a vibrant event that showcases a wide range of local and international beers. It attracts beer enthusiasts, brewers, and industry professionals from around the world. Chicha is a traditional fermented beverage in Colombia, made from maize or other grains. It has been brewed for centuries by indigenous communities and continues to be part of their cultural heritage. Beer plays a central role in Colombian festivities and celebrations. During popular events like Carnaval de Barranquilla and Feria de Cali, beer flows freely as people come together to revel in the festive spirit. Aguila, Poker, Club Colombia, BBC (Bogota Beer Company), 3 Cordilleras In local bars or restaurants, the average cost of a bottle or can of domestic beer typically ranges from 3,000 to 6,000 Colombian Pesos (COP), which is approximately 0.80 to 1.60 USD. Imported beers or craft beers tend to be priced higher, usually ranging from 6,000 to 12,000 COP (approximately 1.60 to 3.20 USD) per bottle or can. Domestic beers can range from 2,000 to 4,000 COP (around 0.50 to 1.10 USD) per bottle or can, while imported or craft beers may cost between 4,000 and 8,000 COP (around 1.10 to 2.10 USD).

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In Colombia, the beer market has seen a rise in craft beer, with local breweries offering innovative and unique beer styles. Consumers are increasingly open to trying new flavors, leading to a diversification of beer options. There is a growing interest in experimental and barrel-aged beers, as well as beers infused with local ingredients such as Colombian coffee, tropical fruits, and traditional herbs. Health-conscious consumers have also shown an interest in low-alcohol and non-alcoholic beer options. Additionally, sustainability and eco-friendly practices are gaining importance, with breweries focusing on reducing their environmental impact through packaging and production methods. The beer industry in Colombia is subject to strict regulations and taxes imposed by the government, which can impact production costs, distribution, and pricing. Navigating complex legal requirements and maintaining compliance can be a challenge for breweries. Ensuring consistent quality across batches and meeting consumer expectations can be challenging for breweries, especially smaller craft beer producers. Maintaining quality control processes, sourcing reliable ingredients, and adhering to brewing standards are crucial for success. Ensuring consistent quality across batches and meeting consumer expectations can be challenging for breweries, especially smaller craft beer producers. Maintaining quality control processes, sourcing reliable ingredients, and adhering to brewing standards are crucial for success. Economic instability, inflation, and fluctuating exchange rates can impact production costs, pricing strategies, and consumer purchasing power. Breweries need to carefully manage their financial operations and adjust their strategies to remain competitive. Considered in this report • Geography: Colombia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Colombia Beer Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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Kripa Shah

Kripa Shah

Senior Analyst

By Product type • Lager • Ale • Stout & Porter • Malt • Others (pilsner, hard seltzer, kegs, porter) By Category • Standard Beer • Premium Beer By Packaging • Bottle • Cann By Production • Macro Brewery • Micro Brewery • Craft Brewery

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Kripa Shah

By Beverages Type • Alcoholic • Non- Alcoholic By Distribution Channel • On trade • Off trade The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. We have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to beer industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Keywords: Colombia , beer, alcoholic, non-alcoholic, pubs, restaurants, clubs, bars, standard beer, premium beer, lager, ale, stout & porter, malt, pilsner, hard seltzer, kegs, porter, brewery, fruits, species.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Colombia Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. Colombia Beer Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Product Type
  • 6.3. Market Size and Forecast By Category
  • 6.4. Market Size and Forecast By Packaging
  • 6.5. Market Size and Forecast By Production
  • 6.6. Market Size and Forecast By Distribution Channel
  • 6.7. Market Size and Forecast By Beverages Type
  • 7. Colombia Beer Market Segmentations
  • 7.1. Colombia Beer Market, By Product Type
  • 7.1.1. Colombia Beer Market Size, By Lager, 2017-2028
  • 7.1.2. Colombia Beer Market Size, By Ale, 2017-2028
  • 7.1.3. Colombia Beer Market Size, By Stout & Porter, 2017-2028
  • 7.1.4. Colombia Beer Market Size, By Malt, 2017-2028
  • 7.1.5. Colombia Beer Market Size, By Others, 2017-2028
  • 7.2. Colombia Beer Market, By Category
  • 7.2.1. Colombia Beer Market Size, By Standard Beer, 2017-2028
  • 7.2.2. Colombia Beer Market Size, By Premium Beer, 2017-2028
  • 7.3. Colombia Beer Market, By Packaging
  • 7.3.1. Colombia Beer Market Size, By Bottle, 2017-2028
  • 7.3.2. Colombia Beer Market Size, By Cann, 2017-2028
  • 7.4. Colombia Beer Market, By Production
  • 7.4.1. Colombia Beer Market Size, By Macro Brewery, 2017-2028
  • 7.4.2. Colombia Beer Market Size, By Micro Brewery, 2017-2028
  • 7.4.3. Colombia Beer Market Size, By Craft Brewery, 2017-2028
  • 7.5. Colombia Beer Market, By Distribution Channel
  • 7.5.1. Colombia Beer Market Size, By On Trade, 2017-2028
  • 7.5.2. Colombia Beer Market Size, By Off Trade, 2017-2028
  • 7.6. Colombia Beer Market, By Beverages Type
  • 7.6.1. Colombia Beer Market Size, By Alcoholic, 2017-2028
  • 7.6.2. Colombia Beer Market Size, By Non- Alcoholic, 2017-2028
  • 8. Colombia Beer Market Opportunity Assessment
  • 8.1. By Product Type, 2023 to 2028
  • 8.2. By Category, 2023 to 2028
  • 8.3. By Packaging, 2023 to 2028
  • 8.4. By Production, 2023 to 2028
  • 8.5. By Distribution Channel, 2023 to 2028
  • 8.6. By Beverages Type, 2023 to 2028
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1 : Influencing Factors for Global Beer Market, 2022
Table 2: Colombia Beer Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Colombia Beer Market Size and Forecast By Category (2017, 2022 & 2028F)
Table 4: Colombia Beer Market Size and Forecast By Packaging (2017, 2022 & 2028F)
Table 5: Colombia Beer Market Size and Forecast By Production (2017, 2022 & 2028F)
Table 6: Colombia Beer Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 7: Colombia Beer Market Size and Forecast By Beverages Type (2017, 2022 & 2028F)
Table 8: Colombia Beer Market Size of Lager (2017 to 2028) in USD Billion
Table 9: Colombia Beer Market Size of Ale (2017 to 2028) in USD Billion
Table 10: Colombia Beer Market Size of Stout & Porter (2017 to 2028) in USD Billion
Table 11: Colombia Beer Market Size of Malt (2017 to 2028) in USD Billion
Table 12: Colombia Beer Market Size of Others (2017 to 2028) in USD Billion
Table 13: Colombia Beer Market Size of Standard Beer (2017 to 2028) in USD Billion
Table 14: Colombia Beer Market Size of Premium Beer (2017 to 2028) in USD Billion
Table 15: Colombia Beer Market Size of Bottle (2017 to 2028) in USD Billion
Table 16: Colombia Beer Market Size of Cann (2017 to 2028) in USD Billion
Table 17: Colombia Beer Market Size of Macro Brewery (2017 to 2028) in USD Billion
Table 18: Colombia Beer Market Size of Micro Brewery (2017 to 2028) in USD Billion
Table 19: Colombia Beer Market Size of Craft Brewery (2017 to 2028) in USD Billion
Table 20: Colombia Beer Market Size of On Trade (2017 to 2028) in USD Billion
Table 21: Colombia Beer Market Size of Off Trade (2017 to 2028) in USD Billion
Table 22: Colombia Beer Market Size of Alcoholic (2017 to 2028) in USD Billion
Table 23: Colombia Beer Market Size of Non- Alcoholic (2017 to 2028) in USD Billion

List of Figures
Figure 1: Colombia Beer Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Category
Figure 4: Market Attractiveness Index, By Packaging
Figure 5: Market Attractiveness Index, By Production
Figure 6: Market Attractiveness Index, By Distribution Channel
Figure 7: Market Attractiveness Index, By Beverages Type
Figure 8: Porter's Five Forces of Colombia Beer Market
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Colombia Beer Market Research Report, 2028

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