With the effects of the COVID-19 pandemic and the war in Ukraine, the Chilean economy has suffered strong inflationary pressures. Because of this situation, consumers have become increasingly price-conscious and are therefore trading down to cheaper options where possible, as a result of ongoing wage stasis or decrease, and the effects that current global events are having on their income levels.
Chile has experienced many events since the social inequality protests in October 2019, events that have certainly impacted the economy and have made consumers adapt their preferences and decisions towards a whole new scenario; a more challenging one. During 2020, e-commerce experienced a strong share increase due to home seclusion in response to the rapid spread of COVID-19 in Chile.
It is true that humans have the ability to adapt in order to overcome difficult times. As seen during recent years, consumers have been facing very dynamic times and have been adapting their preferences and decisions in a scenario with much uncertainty and instability.
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Understand the latest market trends and future growth opportunities for the Other Dairy 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 Other Dairy 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 is the aggregation of chilled and shelf stable desserts, chilled snacks, coffee whiteners, condensed/evaporated milk, cream, and fromage frais and quark.See All of Our Definitions
This report originates from Passport, our Other Dairy research and analysis database.
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