The outlook for health and wellness snacks in Chile over the forecast period is bright on the whole, with most of the main categories projected to record robust growth in retail volume sales and value sales at constant 2023 prices. With inflationary pressures steadily easing, improvements in confidence and purchasing power among the population should lift overall demand in the short-to-medium term.
Vegan and plant-based snacks look set to continue gaining popularity in Chile over the forecast period. Demand for such products should remain buoyant in a number of categories due to the fact that more people are now consciously reducing their consumption of animal-derived foods or forgoing them altogether.
Recent years have seen more Chileans start to follow ketogenic diet plans in an effort to lose weight, reduce the risk of different diseases and better manage the symptoms of chronic illness such as type 2 diabetes. Recommendations from health and beauty influencers on social media platforms like Instagram and TikTok are playing a key role in driving this trend, which should continue to strengthen demand for keto snacks over the forecast period.
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Understand the latest market trends and future growth opportunities for the HW Snacks 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 HW Snacks 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 report originates from Passport, our HW Snacks research and analysis database.
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