Chile Coffee Market Report and Forecast 2024-2032

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