The food and drinks market in Bogota and Colombia is constantly growing

October 06, 2015

It is expected that the food and beverage sectors in Colombia will continue to grow in coming years, with Bogota as its driving engine. It is estimated that the sector will have annual sales of more than USD 21,000 million in the country in 2018. This means that the consumption of processed food will grow by approximately 10.3% per year, while the beverage market will grow at an annual rate of 8% in coming years. Colombia stands as one of the markets with high potential of industry growth in Latin America: while per capita consumption of processed food in Latin America was USD 505.40 in 2014