A further increase in the health tax is expected during 2025, and this will directly affect retail prices in certain areas of other hot drinks. As a result, retail volume demand will likely decline, as consumers continue to reevaluate their spending.
Colombia’s demographic landscape is set to undergo ongoing changes across the forecast period. While overall population growth is expected to remain modest, the number of people aged 65 and over is projected to increase by an average of 4.
Other plant-based hot drinks are primarily oat-based, with Alimentos Polar leading the market through brands like Frescavena and Avena Quaker. However, innovation in this category has been limited, and little change is expected across the early forecast period.
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Understand the latest market trends and future growth opportunities for the Other Hot Drinks 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 Other Hot Drinks 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.
Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.
See all of our definitionsThis report originates from Passport, our Other Hot Drinks research and analysis database.
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