Grocery market in Colombia
The Colombian Grocery eCommerce market is predicted to reach US$286.9 million by 2024 and accounts for 5.7% of the total eCommerce market in Colombia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 20.2%, resulting in a projected market volume of US$599.4 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.
Market development
eCommerce revenue development in the Dairy Goods market in Colombia
The Colombian Dairy Goods eCommerce market is predicted to reach US$30.8 million by 2024 and accounts for 33.9% of the Fresh Food eCommerce market in Colombia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 21.2%, resulting in a projected market volume of US$66.4 million by 2028. The Dairy Goods eCommerce market is a sub-market of the Fresh Food market. Further categories within the Fresh Food market are: Chilled Food, Fruits & Vegetables, Meat & Fish, and Other Fresh Food.
eCommerce revenue development in the Dairy Goods market in Colombia
eCommerce revenue growth in the Dairy Goods market in Colombia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 31.2 | 50.8 | 85.1 | 34.8 | 15.3 | 96.5 | 85.4 | 25.4 |
Market definition
Definition of the Dairy Goods market within the Grocery market
Market definition: Grocery > Food > Fresh Food > Dairy Goods The category Dairy Goods includes the online trade of dairy goods (e.g. milk, cheese, yogurt) and eggs. This category does not cover plant-based dairy alternatives (e.g. almond milk, soy milk, coconut milk). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Dairy Goods (e.g. milk, cheese, yogurt)
- Eggs
Out-of-scope
- Plant-based dairy alternatives (e.g. almond milk, soy milk, coconut milk)
Market comparison
The Colombian Dairy Goods market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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