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Welcome, you are in INVEST IN COLOMBIA

Welcome, you are in INVEST IN COLOMBIA

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Breadcrumb
  1. Home
  2. Sectors to invest
  3. AGRIBUSINESS AND FOOD PRODUCTION
  4. PROCESSED FOOD

PROCESSED FOOD

Colombia has established itself as a highly attractive destination for investing in the processed food industry in the region. With its ability to meet demand for raw materials, favorable geographical location for exporting, and numerous investment incentives, it has become a focal point for expanding businesses in Latin America. Additionally, the processed food sector serves as a driver for employment generation and contributes to sustainable, environmental, and economic development in the country.

Industria Alimentos Procesados
Nestlé, Valle del Cauca, Colombia

AGRIBUSINESS AND FOOD PRODUCTION

  • Processed foods
  • Cocoa and its derivatives
  • Fruits and vegetables
  • Forestry

Colombian processed food production is recognized for its capacity to meet the demand for raw materials for the sector. In addition, the sector is a driver of employment generation, and sustainable, environmental, and economic development in the country.

Processed foods: A robust ecosystem with over 5,800 companies.

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Processed food infographic

There are more than 5,800 companies dedicated to the production of beverages, food products, agriculture, livestock and related service activities, and forestry and wood extraction in the country.

News of PROCESSED FOOD

Planta Nestlé de producción de alimentos en Colombia / Nestlé plant of food production in Colombia
Nestlé,Valle del Cauca, Colombia

COLOMBIA HAS THE CAPACITY TO SATISFY THE DEMAND FOR RAW MATERIALS IN THE PROCESSED FOODS SECTOR

The country has a potential for sustainable agricultural and livestock growth, being recognized by the Food and Agriculture Organization of the United Nations - FAO, as one of the tropical countries that will have the role of the world's pantry. In addition, the tropical climatic conditions make possible the production of a wide variety of foods throughout the year. The country is an important producer of fruits, vegetables, sugar, cocoa, dairy products, animal proteins, among others. Furthermore, Colombia has the conditions for sustainable processed food products in approximately 40 million hectares of the potential agricultural frontier with water availability.

Food Production
Food production

COLOMBIA AND LATIN AMERICA ARE MAJOR CONSUMERS OF PROCESSED FOODS

Colombia is emerging as an export platform to satisfy consumers in the Americas. Colombia's expanded market in the region 1 is USD 1.4 billion, equivalent to 30% of the world market for processed foods and beverages. In addition, the processed food sector is a pillar of the national economy and represents close to 33% of Colombia's manufacturing GDP. The main processed foods produced are beverages and tobacco, processed meat, bakery and milling, dairy products, sugar and panela, processed fruits, oils and fats, coffee and cocoa derivatives, and confectionery. Colombia is the fifth largest economy in the region, with access to more than 1.5 billion consumers, thanks to the 16 trade agreements in force and its privileged location that allows it to reach consumers within 5 days of the United States, 11 days of Europe and 21 days of Asia (Euromonitor 2 ).

Nestlé, Valle del Cauca. Colombia
Nestlé, Valle del Cauca, Colombia

NATIONAL GOVERNMENT INITIATIVES AND PROGRAMS FOR THE SECTOR

The National Government is committed to promoting the sector and implementing measures to consolidate production and international opportunities. The Colombia Exporta Agrostrategy and the Colombia Productiva programs stand out among the initiatives for sector development and growth.

Nestlé, Valle del Cauca
Nestlé, Valle del Cauca, Colombia

COLOMBIA'S COMPETITIVE BUSINESS NETWORK IS CONDUCIVE TO BUILDING PARTNERTSHIPS AND ACCESSING STRATEGIC CUPLIERS

Colombia's business fabric offers opportunities for strategic alliances and/or to be suppliers of raw materials for the development of value-added products in Colombia. There are more than 5,800 companies in Colombia engaged in the production of beverages, food products; agriculture, livestock, hunting, and related service activities; forestry, and timber extraction. These companies are classified according to their revenues as follows: large (12%), medium (29%), micro (4%), and small (56%) (EMIS 3). These companies are in 27 of the country's departments, with Bogotá being the main concentration point, accounting for 39% of the sector's companies, followed by Medellín(14%), Cali (13%), and Barranquilla (5%) (EMIS).

Nestlé, Valle del Cauca, Colombia
Nestlé, Valle del Cauca, Colombia

INVESTMENT OPPORTUNITIES IN COLOMBIA'S PROCESSED FOODS SECTOR

The processed food sector offers several opportunities along its value chain:

  1. The country has the potential to serve a changing and more sophisticated local market. In the cities, there is a trend that creates opportunities in processed animal protein foods such as sausages with greater sophistication, hamburger kits, frozen food or baby kits.
  2. Colombia is one of the most biodiverse countries, therefore, there are opportunities in leveraging Colombian ingredients for research and/or as bases for exporting premium products. Large, processed food players can benefit from Colombian ingredients to establish R&D centers to develop new healthy nutritional products and experiment with native ingredients.
  3. Import substitution of inputs and ingredients to produce processed foods.
  4. Provision of related services to support exports.
Nestlé, Valle del Cauca
Nestlé, Valle del Cauca, Colombia

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PROCOLOMBIA is the entity in charge of promoting Exports, International Tourism, Foreign Direct Investment and the Country Brand, in order to position Colombia in the world. Get to know the national and international network of offices, where you will find comprehensive support and advice.

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