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Frisby SA in Consumer Foodservice (Colombia)

New C&M analysis: Consumer Foodservice (Colombia) Frisby SA Company Profile


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2014-03-18 19:39:03 - Frisby SA in Consumer Foodservice (Colombia) - a new company profile report on companiesandmarkets.com

Frisby SA is based in Dosequebradas in Colombia and has established a large franchise restaurant network in the market. Although the Colombian economy grew in 2012 at a lower rate compared to the previous year, consumer foodservice sales were able to maintain positive figures, faring better than they did over the review period. The categories that registered the best performances were chained fast food, chained specialist coffee shops and chained 100% home delivery/take away, all of which posted double-digit growth rates. One of the most important factors behind this growth was the strong expansion in outlets registered by these categories.

Retail locations continued growing at a rapid pace, motivated by the expansion of shopping malls, not only in the main cities,

 

 

but also in smaller conurbations. Also significant was high footfall in retail, which is contributing to the dynamism in this location and which is preferred by fast food, full-service restaurant and specialist coffee shop chains.

The intensification of competition in consumer foodservice, with a strong expansion of local and foreign brands in a market that still has room for expansion, has led to the emergence of corporate groups, holdings and the arrival of investment funds that are vital for the injection of capital and which will enable aggressive expansion plans in the ensuing years.

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