Private label is experiencing strong growth in many industries in Chile, with this particularly evident in cooking ingredients and meals, where consumers are often able to prepare a meal almost entirely comprising private label products. Its presence is particularly strong in edible oils, which it dominates in retail value share terms in 2023, with its position and performance set to strengthen over the forecast period.
The health and wellness trend is poised to drive demand for olive oil over the forecast period, driven by several factors. Since the pandemic, Chilean consumers have become increasingly health-conscious and are actively searching for products that are perceived as offering specific benefits compared to other edible oils.
As Chilean consumers continue to engage in cooking at home as a more affordable option to foodservice, olive oil is poised to become the preferred choice of edible oil for several reasons. Olive oil is perceived to offer a healthier alternative compared to other products such as vegetable oil or even butter.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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