PUNE, INDIA, March 29, 2018 /EINPresswire.com/ -- WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Food & Grocery Retailing in Colombia, Market Shares, Summary & Forecasts to 2021”

Food & Grocery Retailing in Colombia

Overview

"Food & Grocery retailing in Colombia, Market Shares, Summary & Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Colombia retail environment. In addition, it analyzes the key consumer trends influencing Colombia food and grocery retail industry.

Government infrastructure and technology investments, the growing middle class, and emergence of e-commerce will help to maintain the growth rate for the retail industry. The industry is expected to grow at a CAGR of 4.1% during 2016-2021, to reach sales of COP266,215 bn in 2021.

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Companies mentioned

Éxito

Olimpica

Cencosud

Surtimax

Carulla supermarkets

La 14

Food & Grocery Retailing in Colombia Major Outlook

- Food & grocery is the largest sector in the Colombian retail industry, accounting for 55.4% of total retail sales in 2016 
- The sector registered sales of COP120,451 billion, with a CAGR of 4.2% in 2016 
- All the top 10 retailers in terms of value sales are domestic retailers buttressing the fact that international players have limited presence in the market. 
- Specialist retailers, hypermarkets & supermarkets, and convenience stores are the leading channels in this sector, accounting for 96.4% of total sales in 2016.

Food & Grocery Retailing in Colombia - Competitive Analysis

Key players are making innovative developments in Food & Grocery Retailing in Colombia.  The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector

Scope

- Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit 
- Analysis of key international and domestic players operating in the food and grocery market 
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market 
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior 
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2011, with forecasts until 2021 

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