After years of very strong off-trade volume growth and gaining preference among consumers as a healthier alternative to carbonates, in 2016 and 2017 RTD tea registered a deep fall in both off-trade volume and value sales. The main explanation of the downturn are the weather conditions: 2016 saw intense rainy seasons and low temperatures which continued in 2017. The unfavourable economic conditions in the country have also caused uncertainty, eroding consumer confidence. In addition, the increase...
Euromonitor International’s RTD Tea in Colombia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2013-2017), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2022 illustrate how the market is set to change.
Product coverage: Carbonated RTD Tea, Still RTD Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the RTD Tea market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
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70 pages •
By Euromonitor International
• Mar 2018
During 2017, retail volume sales of soft drinks in Colombia experienced decline. Factors including adverse weather conditions with prolonged rainy seasons, economic deceleration and a heavier tax burden through the increase of value-added tax from 16% to 19% have worsened the natural cycle of soft drinks and weather. Consumers have been more...
32 pages •
By Euromonitor International
• Feb 2018
Hot drinks recorded growth during 2017 in retail channels. Coffee and other hot drinks registering the highest rates, while tea posted lower volume growth compared with the review period average. In general, price movements were moderate during 2017 due to less pressure in regard to raw material costs and because coffee and chocolate-based...
19 pages •
By Global Research & Data Services
• Jan 2018
The industry report Tea Market in Colombia to 2022 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for tea in Colombia. The research includes historic market data from 2011 to 2017 and forecasts until 2022 which makes the report an...
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