In 2022, chained cafés/bars fully recovered to 2019 sales levels in current value terms. Most of this recovery took place in the first half of the year, when the macroeconomic situation was relatively favourable, and consumers were eager to gather outside and enjoy socialising with friends once more.
One of the many drivers behind rising costs has been the consistent disruption to supply chains, mainly driven by pandemic-related restrictions in the country of origin, thereby limiting the speed at which products can exit ports. This problem has been exacerbated by stock shortages, due to the limited production levels of previous years, and exchange rate instability.
As part of its global expansion plans, the North American donut giant Krispy Kreme, currently present in over 30 countries, is set to penetrate Chile. After flourishing on a global level, and successful expansion through Europe and Latin America, the plan is to establish its first Chilean outlets in 2023.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars 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.
If you're in the Cafés/Bars 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.
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.See All of Our Definitions
This report originates from Passport, our Cafés/Bars research and analysis database.
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