PROSPECTS AND OPPORTUNITIES
The impact of the health tax and expansion opportunities for limited-service restaurants
Colombia became one of the first countries to introduce a health tax targeting ultra-processed foods, which was implemented at the end of 2023. The tax was initially set at 10% and rose to 15% in 2024.
The Rappi Turbo delivery model is set to expand while Rappi reaches an agreement with delivery workers' union
Rappi Turbo is a delivery model that has rapidly gained traction, offering restaurant orders delivered in under 10 minutes. Once a user places an order through the app, the food is prepared with the goal of having it ready in under five minutes.
The single-use plastics law will impact restaurant packaging and delivery services
With the implementation of Law 2232 of 2022, restaurants will be required to change the containers they use for delivery services. This law establishes a clear framework to reduce single-use plastics and encourage a shift toward a more sustainable, circular economy.
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Overview:
Understand the latest market trends and future growth opportunities for the Limited-Service Restaurants 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 Limited-Service Restaurants 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 Limited-Service Restaurants 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 Limited-Service Restaurants in Colombia?
- Which are the leading brands in Limited-Service Restaurants in Colombia?
- How are multinational and local operators competing and expanding in Colombia?
- How are consumer lifestyle trends and eating habits shaping Limited-Service Restaurants in Colombia?
- How is the Limited-Service Restaurants 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 Limited-Service Restaurants in Colombia? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Limited-Service Restaurants in Colombia - Category analysis
KEY DATA FINDINGS
Limited-service restaurants face challenges amid rising costs in 2024
Colombian restaurant chains expand beyond shopping centres to capture the weekend travel demand
Limited-service chains drive growth through omnichannel strategies and digital innovation
The impact of the health tax and expansion opportunities for limited-service restaurants
The Rappi Turbo delivery model is set to expand while Rappi reaches an agreement with delivery workers' union
The single-use plastics law will impact restaurant packaging and delivery services
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:
Limited-Service Restaurants
- Chained Limited-Service Restaurants
- Independent Limited-Service Restaurants
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- Chained Asian Limited-Service Restaurants
- Independent Asian Limited-Service Restaurants
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- Chained Bakery Products Limited-Service Restaurants
- Independent Bakery Products Limited-Service Restaurants
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- Chained Burger Limited-Service Restaurants
- Independent Burger Limited-Service Restaurants
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- Chained Chicken Limited-Service Restaurants
- Independent Chicken Limited-Service Restaurants
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- Chained Convenience Stores Limited-Service Restaurants
- Independent Convenience Stores Limited-Service Restaurants
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- Chained Fish Limited-Service Restaurants
- Independent Fish Limited-Service Restaurants
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- Chained Ice Cream Limited-Service Restaurants
- Independent Ice Cream Limited-Service Restaurants
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- Chained Latin American Limited-Service Restaurants
- Independent Latin American Limited-Service Restaurants
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- Chained Middle Eastern Limited-Service Restaurants
- Independent Middle Eastern Limited-Service Restaurants
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- Chained Pizza Limited-Service Restaurants
- Independent Pizza Limited-Service Restaurants
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- Chained Other Limited-Service Restaurants
- Independent Other Limited-Service Restaurants
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Limited-Service Restaurants
Limited-Service Restaurants (LSR) combine fast food and 100% home delivery/takeaway outlets. These outlets offer limited menus with items that can be prepared quickly. Customers typically order, pay, and pick up their order from a counter, though some outlets can have limited table service. This also includes 100% Home Delivery/Takeaway which provide no facilities for consumption on the premises. LSR tend to specialize in one or two main entrees such as hamburgers, pizza, or chicken, but they usually also provide drinks, salads, ice cream, dessert, etc. Food preparation is generally simple and involves one or two steps, allowing for kitchen staffs generally consisting of younger, unskilled workers rather than professional chefs. Other key characteristics include: • A standardised and restricted menu • Tight individual portion control on all ingredients and on the finished product • Individual packaging of each item • Counter service • For Chained Limited Service Restaurants, chained and franchised operations which operate under a uniform fascia and corporate identity • Any outlet offering full-service restaurant seating with servers would be excluded, even if delivery service is available.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
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This report originates from Passport, our Limited-Service Restaurants research and analysis database.
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