PROSPECTS AND OPPORTUNITIES
Colombia’s bar and nightclub scene is set to gain global recognition
Across the forecast period, Colombia will firmly establish itself as a leading destination for nightlife, with 24 clubs from cities like Medellín, Bogotá, and Cartagena nominated for the prestigious World’s 100 Best Clubs list. This ranking, compiled annually by Nightlife International, recognises the top nightclubs globally, and Colombia ranks as the third country with the most nominations worldwide.
Colombian flavours are set to be reimagined for a modern audience
While contemporary trends are expected to remain popular over the forecast period, there will be a notable return to traditional Colombian flavours. This includes flavour such as aguardiente, rum, aguardienterías, and chicha, an indigenous fermented drink.
Rooftop bars are set to be a growing trend, offering a unique city experience
There will continue to be a premiumisation trend within bars/pubs over the forecast period. Openings of upmarket cocktail bars, as well as a focus on craft beers, will increase consumers’ spend.
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Overview:
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cafés/Bars in Colombia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cafés/Bars in Colombia?
- Which are the leading brands in Cafés/Bars in Colombia?
- How are multinational and local operators competing and expanding in Colombia?
- How are consumer lifestyle trends and eating habits shaping Cafés/Bars in Colombia?
- How is the Cafés/Bars industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Cafés/Bars in Colombia? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Cafés/Bars in Colombia - Category analysis
KEY DATA FINDINGS
Bars, pubs, and independent juice bars record solid performances in 2024
Financial struggles for major coffee brands due to high interest rates and inflation
Juan Valdez expands and enhances its presence both nationally and internationally
Colombia’s bar and nightclub scene is set to gain global recognition
Colombian flavours are set to be reimagined for a modern audience
Rooftop bars are set to be a growing trend, offering a unique city experience
Consumer Foodservice in Colombia - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Cafés/Bars
- Chained Cafés/Bars
- Independent Cafés/Bars
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- Chained Bars/Pubs
- Independent Bars/Pubs
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- Chained Cafés
- Independent Cafés
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- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
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- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cafés/Bars research and analysis database.
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