Inflation in Chile is unlikely to return to its long-term levels in 2023, with economic activity remaining low throughout the year. Overall, local consumers’ disposable incomes will remain under pressure in the near future, and thus category players will need to continue innovating and adapting to attract their attention.
On a general level, affecting all industries, the pandemic period brought e-commerce to the forefront, and online sales grew by double- and even triple-digit rates in many cases. The channel not only benefited from the desire to reduce contact with others, but also from different consumer segments becoming increasingly aware of the possibilities and benefits of online shopping.
As a cheaper alternative to other forms of indulgence, such as foodservice, ready meals, or ice cream, sugary snacks benefit from downtrading that local consumers are forced to make when faced with adverse economic conditions. As this downtrading from different services or categories was evident towards the end of the review period, there has been some room for premiumisation in one of the more affordable snacks categories, sugar confectionery, despite limited disposable incomes.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Sugar Confectionery 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 Sugar Confectionery 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.
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See All of Our DefinitionsThis report originates from Passport, our Sugar Confectionery research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!