Market Insights Consumer Food Dairy Products & Eggs

Other Dairy Products & Eggs - Chile

Chile

Revenue in the Other Dairy Products & Eggs market amounts to €277.80m in 2024. The market is expected to grow annually by 8.51% (CAGR 2024-2029).
In global comparison, most revenue is generated in India (€45bn in 2024).
In relation to total population figures, per person revenues of €14.13 are generated in 2024.
In the Other Dairy Products & Eggs market, volume is expected to amount to 80.82m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 7.0% in 2025.
The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 3.2kg in 2024.

Key regions: Japan, Philippines, United Kingdom, India, South Korea

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Región

Comparación de regiones

Moneda

Analyst Opinion

The Other Dairy Products & Eggs Market in Chile is experiencing subdued growth due to various factors such as increasing competition, fluctuating consumer demand, and changing consumer preferences. Despite this, the market continues to see a steady rise due to the convenience offered by online services and the growing health awareness among consumers.

Customer preferences: As consumers become more health-conscious, there has been a growing demand for plant-based dairy alternatives in Chile. This trend is driven by factors such as lactose intolerance, environmental concerns, and ethical considerations. Brands are now offering a variety of vegan milk, yogurt, and cheese options to cater to this expanding market. Additionally, there is a growing preference for locally sourced and organic dairy products, reflecting the increasing focus on sustainability and transparency in food production.

Trends in the market: In Chile, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a trend towards increased consumption of organic and plant-based dairy products. This is driven by a growing awareness and demand for healthier and more sustainable food options. As a result, major industry players are expanding their product offerings to include these alternatives. This trend is expected to continue, with potential implications for industry stakeholders including increased competition and the need to adapt to changing consumer preferences. Additionally, there is a rising interest in farm-to-table dairy products, highlighting the importance of transparent and sustainable sourcing practices for industry players.

Local special circumstances: In Chile, the Other Dairy Products & Eggs Market is heavily influenced by the country's geographical landscape. The vast and diverse terrain allows for a variety of local dairy farming practices, resulting in unique flavors and textures in dairy products. Additionally, Chilean culture places a high value on fresh, natural ingredients, which has led to a strong demand for locally-sourced and organic dairy products. This emphasis on quality and sustainability is also reflected in the country's regulatory policies, which prioritize food safety and animal welfare. These factors contribute to a highly competitive and dynamic market for Other Dairy Products & Eggs in Chile.

Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market in Chile is heavily influenced by macroeconomic factors such as consumer purchasing power, population demographics, and government policies. The country's stable economic growth, rising disposable income, and increasing awareness about healthy eating habits have contributed to the growth of this market. Additionally, the government's efforts to promote domestic production and reduce import dependency have further boosted the market. Moreover, the growing demand for alternative protein sources and the rising trend of vegetarian and vegan diets have also played a significant role in driving the growth of the Other Dairy Products & Eggs Market in Chile.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.