Colombia: Food Processing Ingredients
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Colombia is a net importer of many agricultural products and cannot produce the raw materials and ingredients to meet the growing demand of the food and beverage processing industry. Driven by Colombia’s economic performance in 2021 (i.e., 10.6 percent GDP growth), the food and beverage industry grew 7.7 percent in the same period. Consumer habit and preference changes due to COVID-19 altered the landscape for the retail, food industry, and food service sectors, opening opportunities for healthier and sustainable food products.