Health and wellness trends continue to accelerate post-pandemic, with consumers shifting towards products offering no or reduced salt, fat, calories and so on. Health and wellness trends will drive demand for olive oil over the forecast period.
Private label is seeing strong growth in many industries in Chile, with this particularly evident in cooking ingredients and meals, where consumers are often able to prepare a meal almost entirely comprising private label products. Its presence is especially notable in edible oils and its position and performance are set to strengthen over the forecast period thanks to the efforts of Cencosud Retail and Walmart Chile.
Growth in edible oils will remain subject to the international context and its impact on the local market, climatic conditions and their impact on local production, and innovation from players. Rising environmental awareness will motivate investment in more organic and sustainable products, driven by demand for sustainably produced edible oils; certain consumer groups are willing to pay more for products that are ecologically responsible.
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Understand the latest market trends and future growth opportunities for the Edible Oils 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 Edible Oils 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.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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