DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/40b996/colombia_food_and) has announced the addition of the "Colombia Food and Drink Report Q3 2011" report to their offering.
The Colombia Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Colombia's food and drink industry.
The results posted by leading Colombian retailer Almacenes Exito for 2010 point to a sustained growth in domestic demand. This strong bounce supports a positive outlook for the Colombian consumer over a five-year forecast period, with real GDP growth expected to accelerate over the coming quarters. This pace of expansion will see Colombia become one of the fastest growing economies in South America by 2012 and it will be aided by significant volumes of foreign direct investment (FDI) over the medium term in the energy, mining and infrastructure sectors.
This growth is expected to filter through to private consumption and to be boosted by credit growth and a decline in persistently high unemployment levels. BMI expects banking sector stability to promote a large uptick in private sector credit growth over the coming years and this report also forecasts improvement in unemployment over the medium term as the investment boom creates new job opportunities across the country.
Headline Industry Data (in local currency):
- 2011 per capita food consumption = +6.9%; forecast to 2015 = +44.0%.
- 2011 alcoholic drink sales = +1.9%; forecast to 2015 = +16.5%.
- 2011 soft drink sales = +4.3% ; forecast to 2015 = +27.7%.
- 2011 mass grocery retail sales = +8.5%; forecast to 2015 = +59.2%.
Companies Mentioned:
- CI Union de Bananeros de Uraba (Uniban)
- Alianza Team (Tecnologia Empresarial de Alimentos)
- Grupo Nutresa
- Postbon
- SABMiller Colombia
- Almacenes Exito
- Carrefour (Colombia)
- Olmpica
For more information visit http://www.researchandmarkets.com/research/40b996/colombia_food_and