Retail sales of baked goods are set to see a slight decline in growth in 2020 in volume. The direct cause of this is the Colombian government’s response to the COVID-19 virus. On 17 March, President Iván Duque declared a state of emergency, followed by the announcement of 19-day nationwide quarantine, starting on 24 March. The country has been under varying degrees of lockdown ever since, with consumers working from home where possible, the closure of non-essential retail and the closure of scho…

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Euromonitor International’s Baked Goods in Colombia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.

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Product coverage: Bread, Cakes, Dessert Mixes, Frozen Baked Goods, Pastries.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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Why buy this report?
* Get a detailed picture of the Baked Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

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Table of Content

KEY DATA FINDINGS
2020 IMPACT
Virus has limited impact on total baked goods, although drives temporary shift in consumption habits

Also Read – http://www.marketwatch.com/story/covid-19-impact-on-global-dna-sequ...–2021-03-04

Health concerns offset by need for comfort
Self-isolation, working from home fuels demand for convenience
RECOVERY AND OPPORTUNITIES

Also Read – http://www.marketwatch.com/story/covid-19-world-built-in-lighting-m...–2021-03-05

Middle classes looking to eat less but better bread
Weight management appeals to increasing number of consumers
Switch from unpackaged to packaged, driven by convenience, set to continue

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