Chile: Retail Foods
Chile’s level of economic growth and openness to the world has created a dynamic retail industry. Retailers are eager to introduce new products to meet the growing consumer demands of middle to upper income consumers in particular. Supermarkets and hypermarkets have the largest market share for Chile’s food sales, accounting for 48.2% of total sales in 2014. Mid-sized supermarkets almost doubled their market share from 5.6% in 2006 to 12.1% in 2014.
