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Other Cereal Products - Colombia

Colombia
  • Revenue in the Other Cereal Products Market is projected to reach US$6.33m in 2025.
  • Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 0.13%, resulting in a projected market volume of US$6.36m by 2029.
  • With a projected market volume of US$1.91bn in 2025, most revenue is generated United States.
  • In the Other Cereal Products Market, the number of users is expected to amount to 6.2m users by 2029.
  • User penetration will be 12.9% in 2025 and is expected to hit 14.0% by 2029.
  • The average revenue per user (ARPU) is expected to amount to US$1.23.

Definition: eCommerce Other Cereal Products market refers to the online sale of various cereal products excluding rice, wheat, and corn. The market includes products such as breakfast cereals, oatmeal, granola bars, cereal bars, and other similar products. Consumers can purchase these products through online platforms, where they can browse, compare prices, and make transactions. eCommerce Other Cereal Products market allows consumers to conveniently access a wide range of cereal products from various brands and choose from different flavors, sizes, and packaging options.

Additional information: eCommerce Other Cereal Products market comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends, and industry knowledge. Sales Channels show online and offline revenue shares, as well as, desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B, and reCommerce are not included. Additional definitions can be found on each respective market page.

Key players in the market are companies such as Kellogg Company, General Mills Inc., and Nestlé S.A.

Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.

In-Scope
  • Other cereal products, such as Kellogg's Special K Red Berries cereal
Out-Of-Scope
  • Offline revenues, such as sales in physical grocery stores
Food eCommerce: market data & analysis - Cover

Market Insights report

Food eCommerce: market data & analysis
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    Revenue

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    Analyst Opinion

    The Other Cereal Products eCommerce Market in Colombia is witnessing mild growth, influenced by factors such as changing consumer preferences, increased internet penetration, and a growing interest in health-conscious food options, which drive online purchases.

    Customer preferences:
    In Colombia, there is a notable shift towards plant-based and gluten-free cereal products, reflecting a growing awareness of health and sustainability among consumers. This trend is particularly pronounced among younger demographics, who prioritize organic and natural ingredients. Additionally, the rise of eCommerce has enabled access to niche brands that cater to diverse dietary needs. As families increasingly embrace busy lifestyles, convenient online shopping for wholesome cereal options is becoming a preferred choice, further driving market growth.

    Trends in the market:
    In Colombia, the eCommerce market for Other Cereal Products is experiencing significant growth, driven by an increasing consumer preference for plant-based, gluten-free options. This shift reflects a broader awareness of health and wellness, particularly among younger consumers who seek organic and natural ingredients. The accessibility of niche brands through online platforms has expanded choices for diverse dietary needs. As busy lifestyles become the norm, the convenience of online shopping for nutritious cereal products is reshaping purchasing habits, compelling industry stakeholders to innovate and adapt their offerings to meet evolving consumer demands.

    Local special circumstances:
    In Colombia, the eCommerce market for Other Cereal Products is influenced by the country's diverse agricultural landscape, which supports a wide range of locally sourced ingredients. Cultural factors also play a crucial role, as traditional Colombian diets increasingly incorporate modern health trends, fostering a demand for organic and gluten-free options. Additionally, government regulations promoting food safety and nutritional standards are enhancing consumer trust in online food purchases. This unique blend of geographical richness and cultural evolution drives the growth and diversification of the eCommerce landscape for cereal products in Colombia.

    Underlying macroeconomic factors:
    The eCommerce market for Other Cereal Products in Colombia is significantly shaped by macroeconomic factors such as inflation rates, consumer spending patterns, and currency fluctuations. As the nation navigates economic recovery post-pandemic, rising disposable incomes are enhancing online purchasing capabilities for food products. Furthermore, government initiatives aimed at boosting local agriculture and reducing import tariffs on healthy food options are facilitating access to diverse cereal products. Global trends towards sustainability also resonate in Colombia, encouraging investments in eco-friendly packaging and organic certifications, which attract health-conscious consumers and enhance market competitiveness.

    Sales Channels

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    Users

    MOST_RECENT_UPDATE: Aug 2024

    SOURCE: Statista Market Insights

    Global Comparison

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    Methodology

    Data coverage:

    Data refers to B2C enterprises. Figures are based on the sale of physical goods via a digital channel to a private end consumer. This definition encompasses purchases via desktop computers (including notebooks and laptops) as well as purchases via mobile devices (e.g., smartphones and tablets). The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets, and the digital purchase or resale of used, defective, or repaired goods (reCommerce and C2C). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

    Modeling approach / Market size:

    Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Statista Consumer Insights Global Survey), data on shopping behavior (e.g., Google Trends, Alibaba Trends), and performance factors (e.g., user penetration, price/product). Furthermore, we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, internet penetration, and population. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, internet penetration, and population.

    Additional Notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the Russia/Ukraine war is considered at a country-specific level.

    Ecommerce

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    Food eCommerce: market data & analysis - BackgroundFood eCommerce: market data & analysis - Cover

    Key Market Indicators

    NOTES: Based on data from IMF, World Bank, UN and Eurostat

    MOST_RECENT_UPDATE: Jan 2025

    SOURCE: Statista Market Insights

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