Colombia Dessert Market Report and Forecast 2024-2032

Colombia Dessert Market Outlook

The Colombia dessert market size is projected to expand at a CAGR of 5.20% between 2024 and 2032.

Key Takeaways

• Colombia became the 69th largest importer of baked goods (including desserts) in the world in 2022, with imports totalling $91.3M.

• The trend of enhancing desserts with functional benefits is on the rise, with the addition of probiotics, protein, superfoods, and vitamins. 

• Some of Colombia's most well-known desserts are Mazamorra, Aborrajados, Natilla, Arequipe or Manjar, and Cocada.

As per the Colombia dessert market analysis, desserts play a significant role in the Colombian culture, often being served in homes after meals alongside coffee. Coffee is a staple in Colombian cuisine, and the trend of pairing it with various desserts is becoming increasingly popular.

Concerns about excessive sugar intake and rise in diabetes and obesity rates are contributing to the demand for sugar-free dessert options. Consumers are seeking alternatives that allow them to indulge in sweets without compromising their health.

Additionally, plant-based desserts are gaining traction in the market. The rise of plant-based desserts has also sparked innovation in the dessert industry, with chefs and food manufacturers creating new and exciting options that cater to a wider range of dietary preferences. From dairy-free ice creams and cheesecakes to vegan cookies and brownies, there are now more options than ever for those looking to indulge in a sweet treat without compromising their health or values, consequently driving up the Colombia dessert market share.

Furthermore, Colombia is known for its variety of internationally acclaimed desserts, with Natilla being the most famous. This traditional Christmas treat is often enjoyed with buñuelos or fritters, which are made from wheat, corn flour, and cheese. Natilla is similar to a creamy custard or pudding, made with ingredients like flour, milk, panela, and cinnamon. Some people like to add raisins and coconut to enhance the flavor. Natilla is readily available in Colombian supermarkets while preparing it at home during the holiday season is a beloved tradition.

Market Segmentation

Colombia Dessert Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Cakes and Pastries

• Confectionery and Candies

• Doughnuts and Pies

• Custards and Pudding

• Ice Creams

• Yoghurt

• Others

Market Breakup by Distribution Channel

• Supermarkets/Hypermarkets   

• Speciality Stores   

• Convenience Stores

• Online

• Others

Competitive Landscape

The market participants are focusing on increasing the production of vegan and gourmet desserts to meet evolving demands of consumers and increase their overall revenue.

• Nestle SA 

• Unilever Plc 

• Inspire Brands, Inc. 

• Mondelez International Inc. 

• Ferrero International S.A. 

• Hershey Co. 

• Grupo Nutresa S.A. 

• Colombina Candy Company, Inc.  

• Fruservice SAS 

• Sweetsol Sucursal Colombia  

• Others

Key Highlights of the Report