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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Chile Cereals and Granola Bars Market Size

The Chile cereals and granola bars market is projected to grow at a CAGR of 7.4% between 2025 and 2034.

Chile Cereals and Granola Bars Market Outlook

  • Chile has the presence of over 98,890 food processing companies in its food and beverage processing sector.
  • In 2022, the food retail sales amounted to USD 26.8 billion, registering an increase of 12% over 2021.
  • In 2022, the GDP incurrent prices totalled USD 324 billion, witnessing an increase of 2.4% from 2021.

Chile Cereals and Granola Bars Market Growth

Chile is considered one of the fastest-growing economies in Latin America, creating a significant and dynamic food retail sector. Granola bars are gaining popularity as a convenient snack option. Granola bars are typically pre-packaged and do not need preparation, making them a suitable option for individuals with tight schedules. Granola bars and cereals are rich in carbohydrates, fibre, and protein, making it an energy booster. The changing lifestyles and rising demand for convenience foods are contributing to a greater demand for cereals and granola bars, further supporting the market growth.

Supermarkets and hypermarkets are major form of retail channels for the purchase of products such as cereals and granola bars. The major retail groups in Chile include Cencosud, Falabella, Ripley, Walmart Chile, and La Polar. The presence of modern and highly competitive supermarkets in Chile is providing significant opportunities for the growth of the market.

The expansion of the e-commerce sector in Chile is further supporting the sales of cereals and granola bars. By 2027, it is estimated that the number of e-commerce users in Chile will reach 13.7 million from 12.7 million in 2022. Gluten free granola bars are being adopted by health-conscious individuals and for individuals with gluten sensitivity or celiac diseases. The market also benefits from the increasing research and development activities and the launch of new products by leading manufacturers.

Chile Cereals and Granola Bars Market

Chile Cereals and Granola Bars Industry Segmentation

Chile Cereals and Granola Bars Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Cereals
    • Market by Product Category (Oats, Wheat, Rice, Corn, Dried Fruits, Others)
    • Market by Product Price (Economy, Medium, Premium)
    • Market by Product Source (Domestic Vs Import)
  • Granolas
    • Market by Product Category (Rolled Oats, Nuts, Seeds, Others)
    • Market by Product Price (Economy, Medium, Premium)
    • Market by Product Source (Domestic Vs Import)
  • Others

Market Breakup by Flavour

  • Caramel
  • Chocolate
  • Banana
  • Strawberry
  • Others

Market Breakup by Distribution Channel

  • Supermarket/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Chile Cereals and Granola Bars Market Share

Based on distribution channel, the market is divided into supermarket/hypermarkets, convenience stores, and online stores, among others. Online channels are witnessing significant growth supported by the increased internet penetration, rising mobile phone adoption, convenience of home delivery, and the wide availability of products and brands on online channels.

Leading Companies in the Chile Cereals and Granola Bars Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and product launches.

  • Grupo Bimbo, S.A.B. de C.V.
  • Nestlé S.A.
  • General Mills, Inc. (Nature Valley)
  • PepsiCo, Inc. (Quaker)
  • The Wild Foods
  • The Kellogg Company
  • Carozzi Corp.
  • Tresmontes Lucchetti SA 
  • Others

The market participants are expanding their product offerings, ensuring higher quality of products and investing in production unit expansions to gain a higher market share.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Flavour
  • Distribution Channel
Breakup by Product Type
  • Cereals
  • Granolas
  • Others
Breakup by Flavour
  • Caramel
  • Chocolate
  • Banana
  • Strawberry
  • Others
Breakup by Distribution Channel
  • Supermarket/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Grupo Bimbo, S.A.B. de C.V.
  • Nestlé S.A.
  • General Mills, Inc. (Nature Valley)
  • PepsiCo, Inc. (Quaker)
  • The Wild Foods
  • The Kellogg Company
  • Carozzi Corp.
  • Tresmontes Lucchetti SA 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 7.4% between 2025 and 2034.

In 2022, the total number of e-commerce users in Chile amounted to 12.7 million.

The popular flavours include caramel, chocolate, banana, strawberry, and others.

The distribution channels include supermarket/hypermarkets, convenience stores, and online stores, among others.

The factors driving the market include increasing demand for convenience foods, changing lifestyles, rising demand for high-energy foods, and growing e-commerce channels.

Some of the major retail groups in Chile include Cencosud, Falabella, Ripley, Walmart Chile, and La Polar.

Chile has about 98,890 food processing companies within its food and beverage processing sector.

The major players in the market are Grupo Bimbo, S.A.B. de C.V, Nestlé S.A, General Mills, Inc. (Nature Valley), PepsiCo, Inc. (Quaker), The Wild Foods, The Kellogg Company, Carozzi Corp., and Tresmontes Lucchetti SA, among others.

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