Product Code: ETC040129 | Publication Date: Jan 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Chile Candy market currently, in 2023, has witnessed an HHI of 1055, Which has decreased slightly as compared to the HHI of 1214 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In Chile, the candy market has been witnessing significant growth, primarily driven by the growing consumer preference for confectionery products. Candy, which includes chocolates, hard candies, gummies, and other sweet treats, is widely consumed across all age groups in Chile. The increasing availability of a wide range of candy products and the growing trend of gifting confectionery items are significant factors driving the candy market in Chile. Moreover, the expanding retail sector and the rising per capita income are further contributing to market growth.
The Chile Candy market is witnessing growth due to the changing consumer preferences and the increasing demand for indulgent and on-the-go snacks. Candy is a popular confectionery product among people of all age groups. The growing trend of gifting candies on various occasions such as birthdays, festivals, and celebrations is driving the demand for candy in Chile. Moreover, the expanding retail sector and the growing availability of a wide range of candy products in supermarkets, hypermarkets, and online channels are further propelling the growth of the candy market in Chile. Additionally, the introduction of innovative and exotic flavors by manufacturers is expected to boost the consumption of candy in Chile.
The Chile candy market faces challenges such as changing consumer preferences towards healthier snack options, which affects the demand for traditional candies. Moreover, the market is impacted by stringent regulations on food additives and labeling. Fluctuations in raw material prices, such as sugar and cocoa, also pose significant challenges to the growth of the candy market in Chile.
In the Chile candy market, the government has implemented policies to promote food safety and consumer protection. With a focus on regulating the production and sale of candy, the government has set standards to ensure the quality and hygiene of candy products. Regulations have been put in place to monitor the use of ingredients, additives, and preservatives in candy manufacturing, reducing the risk of contamination and adverse health effects. The government has also launched campaigns to raise awareness about healthy eating habits and the importance of moderation in candy consumption, aiming to reduce the prevalence of diet-related health problems such as obesity and diabetes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Chile Candy Market Overview |
3.1 Chile Country Macro Economic Indicators |
3.2 Chile Candy Market Revenues & Volume, 2019 & 2026F |
3.3 Chile Candy Market - Industry Life Cycle |
3.4 Chile Candy Market - Porter's Five Forces |
3.5 Chile Candy Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Chile Candy Market Revenues & Volume Share, By Distribution, 2019 & 2026F |
4 Chile Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Chile Candy Market Trends |
6 Chile Candy Market, By Types |
6.1 Chile Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Chile Candy Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Chile Candy Market Revenues & Volume, By Chocolate Candy, 2016 - 2026F |
6.1.4 Chile Candy Market Revenues & Volume, By Non-Chocolate Candy, 2016 - 2026F |
6.2 Chile Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Chile Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.2.3 Chile Candy Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.4 Chile Candy Market Revenues & Volume, By Specalist Retailers, 2016 - 2026F |
6.2.5 Chile Candy Market Revenues & Volume, By Online Retail, 2016 - 2026F |
6.2.6 Chile Candy Market Revenues & Volume, By Others, 2016 - 2026F |
7 Chile Candy Market Import-Export Trade Statistics |
7.1 Chile Candy Market Export to Major Countries |
7.2 Chile Candy Market Imports from Major Countries |
8 Chile Candy Market Key Performance Indicators |
9 Chile Candy Market - Opportunity Assessment |
9.1 Chile Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Chile Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F |
10 Chile Candy Market - Competitive Landscape |
10.1 Chile Candy Market Revenue Share, By Companies, 2019 |
10.2 Chile Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |