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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Chile Coffee Market Outlook
The Chile coffee market size is estimated to expand at a CAGR of 7.60% between 2024 and 2032.
Key Takeaways
- The per capita coffee consumption in Chile reached 1.37 kg in 2021, indicating a significant increase of 25.7% compared to the previous year.
- In 2021, Chile ranked 99th out of the 161 countries in terms of per capita coffee consumption.
- There is an increasing curiosity in the exploration of various brewing techniques, such as French press, pour-over, and espresso.
The increasing demand for instant coffee in the country supports the Chile coffee market growth. Chileans show a preference for instant coffee over ground coffee because of their fast-paced lifestyle. Instant coffee can be quickly prepared and consumed within minutes. Moreover, instant coffee packets are cost-effective, require less storage space, and have a longer shelf life. Furthermore, instant coffee contains less caffeine compared to other coffee varieties, making it a relatively healthier choice.
As per the Chile coffee market analysis, the country has experienced a surge in the popularity of speciality coffee in recent times. The emergence of third-wave coffee shops in major cities such as Santiago and Valparaiso has fostered a greater appreciation for exceptional coffee and the art of brewing. These coffee establishments prioritise the utilisation of locally sourced beans and their distinct flavours.
Furthermore, Chileans have their unique customs when it comes to coffee. One prevalent tradition is "onces," where individuals gather with friends or family in the late afternoon to savour a cup of coffee alongside pastries or traditional snacks. Additionally, taking coffee breaks during the workday is a common practice, which adds to its rising demand.
Nestle has a presence as one of the leading coffee businesses in the country, holding a considerable market share. While the demand for its speciality beans is witnessing a steady growth, commodity beans constitute a major share of the total consumption.
Market Segmentation
Chile Coffee Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Whole-Bean
- Ground Coffee
- Instant Coffee
- Coffee Pods and Capsules
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The market participants are increasingly prioritising product innovations, along with the expansion of coffee houses in order to appeal to a diverse customer base.
- Nestle SA
- Starbucks Corp.
- BUSI CAFES SL
- Roasters & Brewers
- Cafe Cultura
- Cabrales S.A.
- 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 Product Type |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*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 7.60% between 2024 and 2032.
The major market drivers are the rising demand for premium and speciality coffee, accompanied by a notable expansion of coffee shops and cafes in the region.
The key market trends are the growing demand for instant coffee alongside a wide range of unique and traditional coffee choices and the demand for innovative products like coffee pods and capsules.
The major product types in the market are whole-bean, ground coffee, instant coffee, and coffee pods and capsules.
The major distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The major players in the market are Nestle SA, Starbucks Corp., BUSI CAFES SL, Roasters&Brewers, Cafe Cultura, and Cabrales S.A., among others.
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