SECTOR CAPSULE: LIMITED-SERVICE RESTAURANTS IN COLOMBIA
SECTOR CAPSULE: LIMITED-SERVICE RESTAURANTS IN COLOMBIA KEY DATA FINDING * Foodservice value sales grow by 27% in current terms in 2021 to COP6.5 trillion, whilst outlet numbers grow by 6% to 26,461 * Convenience stores limited-service restaurants is the best performing category in 2021, with foodservice value sales rising by 58% in current terms to COP40.3 billion * IRCC Industria de Restaurantes Casuales Ltda is the leading player in 2021, with a foodservice value share of 9% * Foodservice value sales are set to rise at a current value CAGR of 8% (2021 constant value CAGR of 5%) over the forecast period to COP9.7 trillion, whilst the number of outlets is expected to increase at a CAGR of 3% to 30,682 Market size Limited-Service Restaurants Foodservice Value RSP - COP billion - 2007-2026 6,495 Sales Performance Limited-Service Restaurants %Y-O-Y Foodservice Value RSP-Growth 2007-2026 27.2% 2021 DEVELOPMENTS The times when delivery was seen as an additional service are gone,...