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Chile Healthy Snacks Market Size, Share, Growth, Analysis: By Type: Cereals and Granola Bars, Nuts, Seeds, and Trail Mixes, Meat Snacks, Dried Fruit Snacks, Others; By Distribution Channel: Supermarkets and Hypermarkets, Speciality Stores, Convenience Stores, Online, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Chile Healthy Snacks Market Outlook
The Chile healthy snacks market size is projected to grow at a CAGR of 6.70% between 2024 and 2032.
Key Takeaways
- Chile's obesity prevalence is higher than the regional average of 30.7% for women and 22.8% for men, which drives Chile healthy snacks market growth.
- As per industry reports, 9.3% of children under 5 are overweight in the country and Chile is "on course" to keep the number from rising by encouraging healthy snacking.
- To reduce the consumption of unhealthy snacks, a nutritional labelling law (Law 20.606) for food products was implemented in June 2016. This mandated a stop sign label on packaged foods that have high levels of sugar, calories, sodium, or saturated fats to warns consumers.
According to industry reports, 33.7% of adult (aged 18 years and over) women and 27.6% of adult men are living with obesity in Chile. The Chilean government's initiatives to combat rising obesity and promote healthy diets, increasing consumer awareness about healthy and nutritionally balanced foods have influenced the market. This has led to a shift in consumption patterns, with consumers choosing healthier alternatives and driving the growth of the healthy food and beverages market.
In addition, the increasing demand for plant-based protein sources, driven by the growth of food-tech startups and campaigns promoting veganism and plant-based protein, presents opportunities for market players to cater to the rising trend of vegetarianism and veganism. Brands like Agricom offer a range of plant-based nut and seed snacks.
The demand for dietary, keto friendly, and free-from gluten snacks is influencing the Chile healthy snacks market development, with brands like Quaker introducing gluten-free granola bars and Nature's Heart offering snacks free from artificial additives, appealing to consumers with specific dietary requirements.
Cereals and granola bars are a significant segment in the market, with brands like Quaker offering a variety of granola bars with oats, nuts, and dried fruits. Local brands like Nature's Heart provide organic and gluten-free cereal options catering to health-conscious consumers.
Dried fruit snacks are another significant segment in the market, with brands like Sun-Maid offering a variety of dried fruits like raisins and apricots. Local brands like Frutos del Maipo provide dried fruit mixes with Chilean specialties like dried strawberries and blueberries. Meanwhile, meat snacks have a niche Chile healthy snacks market share, with brands like Jack Link's offering a range of jerky flavours including beef and turkey. Local producers like Carnes Ñuble provide traditional Chilean dried meat snacks like cecina, appealing to consumers looking for protein-rich options.
Market Segmentation
Chile Healthy Snacks Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Cereals and Granola Bars
- Nuts, Seeds, and Trail Mixes
- Meat Snacks
- Dried Fruit Snacks
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Convenience Stores
- Online
- Others
Competitive Landscape
Market players are catering to the growing demand for healthy and nutritious snacks due to rising health awareness and concerns about obesity and other diet-related health issues.
- Nestle S.A.
- Wild Foods Co.
- Empresas Carozzi S.A.
- Watt's S.A.
- Grupo Bimbo, S.A.B. de C.V.
- Orizon S.A.
- Tribu Food
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Healthy Snacks Market Overview
8.1 Key Industry Highlights
8.2 Latin America Healthy Snacks Historical Market (2018-2023)
8.3 Latin America Healthy Snacks Market Forecast (2024-2032)
8.4 Latin America Healthy Snacks Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Chile
8.4.6 Others
9 Chile Healthy Snacks Market Overview
9.1 Key Industry Highlights
9.2 Chile Healthy Snacks Historical Market (2018-2023)
9.3 Chile Healthy Snacks Market Forecast (2024-2032)
10 Chile Healthy Snacks Market by Type
10.1 Cereals and Granola Bars
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Nuts, Seeds, and Trail Mixes
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Meat Snacks
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Dried Fruit Snacks
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Chile Healthy Snacks Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Speciality Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Convenience Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Nestle S.A.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Wild Foods Co.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Empresas Carozzi S.A.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Watt's S.A.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Grupo Bimbo, S.A.B. de C.V.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Orizon S.A.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Tribu Food
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Healthy Snacks Market: Key Industry Highlights, 2018 and 2032
2. Chile Healthy Snacks Market: Key Industry Highlights, 2018 and 2032
3. Chile Healthy Snacks Historical Market: Breakup by Type (USD Million), 2018-2023
4. Chile Healthy Snacks Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Chile Healthy Snacks Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Chile Healthy Snacks Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Chile Healthy Snacks Market Structure
Key Questions Answered in the Report
The Chile healthy snacks market value is expected to grow at a CAGR of 6.70% between 2024 and 2032.
The market is being driven due to increasing demand for protein rich snacks, introduction of gourmet and premium food products, and entry of plant-based and vegan snacks.
Key trends aiding the market expansion include rise in consumption of ready-to-eat foods, increasing launch of new flavours, focus on reducing sugar and artificial ingredients, and increasing demand for natural, organic, and non-GMO snack varieties.
Different distribution channels in the market are supermarkets and hypermarkets, speciality stores, convenience stores, and online, among others.
Based on type, the market segmentations include cereals and granola bars, nuts, seeds, and trail mixes, meat snacks, and dried fruit snacks, among others.
The most common ingredients used in healthy snacks in Chile include a variety of natural and nutritious components. Some of these ingredients are apple fibre, collagen antioxidant, oat, quinoa, and spirulina.
Key players in the market are Nestle S.A., Wild Foods Co., Empresas Carozzi S.A., Watt's S.A., Grupo Bimbo S.A.B. de C.V., Orizon S.A., and Tribu Food, among others.
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