Chile Fruits and Vegetables Market Report and Forecast 2024-2032

Chile Fruits and Vegetables Market Outlook

The Chile fruits and vegetables market size was approximately USD 1.75 billion in 2023. The market is assessed to grow at a CAGR of 4.07% between 2024 and 2032, reaching a value of USD 2.45 billion by 2032.

Key Takeaways

• Chile emerged as the 21st largest global exporter of vegetable products in 2022, with its export value reaching $8.22B.

• In December 2023, the exports of vegetable products from Chile reached a total value of $712M, while the imports amounted to $46.3M, leading to a favourable trade balance of $666M.

• The demand for frozen fruits and vegetables is increasing across the country since they do not require preparation, are convenient, and can be consumed on the go. Frozen fruits enable consumers to enjoy fruits year-round, ensuring a diverse and constant supply irrespective of seasonal variation.

As per the Chile fruits and vegetables market analysis, the expansion of the fruit and vegetable sector in Chile can be attributed to the increasing food demands in the region, the emergence of healthier eating patterns, and the escalating demand for organically cultivated fruits and vegetables. As health concerns continue to grow, individuals in Chile are embracing nutritious eating habits, consequently fuelling the need for an abundant supply of fresh produce.

Moreover, organic fruits and vegetables have become a prominent trend in the Chilean market due to the increasing awareness of health concerns associated with synthetic pesticides and chemicals. The favourable climate conditions in Chile allow farmers to produce high-quality organic produce, attracting both local and international consumers. Furthermore, the higher prices of organic products lead to increased profitability for producers, consequently driving up the Chile fruits and vegetables market share.

Furthermore, Chile is a significant player in the international market for fruits and vegetables. For instance, during the period of January to October 2022, the revenue generated from fresh fruit exports from Chile amounted to US$4.360 billion. Additionally, China emerged as the top importer of Chilean fresh fruit, accounting for a total of US$1.743 billion, while the United States followed closely with US$1.035 billion in the same year.

Chile exported $722 million worth of apples and pears in 2022. The primary countries that received Chile's exports of apples and pears were Colombia, the United States, Brazil, Ecuador, and the Netherlands.

Market Segmentation

Chile Fruits and Vegetables Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Types

• Fruits
  • Apples and Pears 
  • Bananas 
  • Citrus Fruits 
  • Berries and Grapes 
  • Others
• Vegetables
  • Leafy Vegetables   
  • Tomato   
  • Potato 
  • Carrot   
  • Others

Market Breakup by Form

• Fresh

• Processed and Frozen

Market Breakup by End User

• Residential

• Commercial

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Online

• Others

Competitive Landscape

Market participants are increasingly focusing on the adoption of sustainable cultivation practices to meet the growing demand for organic produce.

• Frusan S.A.

• CyD INTERNACIONAL S.A

• San Clemente 

• Del Monte Foods Inc. 

• Conservas La Costeña, S.A. de C.V. (Aconcagua Foods SA)  

• HORTIFRUT S.A.  

• Watt SA (Agrícola Frutos del Maipo Ltda.)  

• Andi Foods  

• Others

Key Highlights of the Report