Market Focus: Trends & Developments in the Confectionery sector in Chile

Date: 2015-09

“• The food Retail market in Chile is dominated by the large presence of international players such as Cencosud and Walmart. In Confectionery market distribution, Hypermarkets & Supermarkets is the leading retail channel with 40.2% market share, followed by Convenience Stores with a 28.7% channel share

• There is a growing demand for exclusive and premium Chocolates in urban areas due to the rising incomes of Chileans

• Chilean children and adults face obesity issues and efforts are being taken by the Chilean authorities to govern policies regarding food ingredients. Chileans increasingly prefer better for you alternatives and innovative products due to increasing health concerns

• Indulgence and Changing Age Structure are the major consumer trends in Confectionery market in Chile

• The majority of the Chilean population is below 30 years of age and this has led to the growth of innovative Confectionery products with unique ingredients”

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