"Chile Food & Drink Report Q1 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Sat Jan 10 2015

We maintain a positive outlook for Chile's food and drink industry as its food consumption is expected to expand by 6.5% in 2014 and maintain a slightly higher pace till the end of our forecast period in 2018. Consumption will be driven by the gradually increasing purchasing power, as income levels catch up with those in more developed markets.

Headline Industry Forecasts (local currency)

* Total food consumption growth (y-o-y) in 2014: +6.5%; compound annual growth rate (CAGR) 2013-2018: +6.6%
* Per capita food consumption growth (y-o-y) in 2014: +5.6% ; CAGR 2013-2018: +5.8%
* Total soft drinks value sales growth (y-o-y) in 2014: +7.1%; CAGR 2013-2018 +7.2%
* Alcoholic drinks value sales growth (y-o-y) in 2014: +5.5%; CAGR 2013-2018 +5.8%
* Total mass grocery retail value sales growth (y-o-y) in 2014: +5.6%; CAGR 2013-2018 +5.9%

Full Report Details at
- http://www.fastmr.com/prod/912270_chile_food_drink_report_q1_2015.aspx?afid=301

Key Company Trends

Fruit Growers Should Take Advantage Of Strong Dollar, Says Fedefruta : Chilean fruit growers should take advantage of the strong dollar and increase investment in farms, according to President of Chile's fruit producer federation Fedefruta Juan Carolus Brown. Farmers should gain from the strong dollar, which has climbed to CLP600, in a bid to increase levels of investment in research and development, varietal reconversion and the modernisation of farms, according to Brown. 'It is already a well known fact that Chile's table grape industry has lost 30% of its competitiveness in the past decade due to increased production costs, the labour shortage and, most importantly, the advanced age of many of the vines whose quality and output has dropped off as a result,' Brown said.

Chile And Brazil Sign Citrus Export Agreement : In September 2014, Chile and Brazil entered an agreement whereby the former will export citrus to Brazil, after 12 years of negotiations. The deal will result in shipments of lemons, oranges and mandarins, and will provide Chile with a substitute for Northern Hemisphere markets. 'Brazil is one of...

The Chile Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Chile Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Chile.

Key Benefits

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