Chile: Retail Foods
Chile’s food retail sales reached $16.7 billion in 2017. The main food distribution channels are supermarkets with a share of about 62 percent. Three main business groups concentrate most of the sales providing them greater bargaining power with suppliers. Chile is becoming increasingly urbanized, not only in the Metropolitan region (Santiago), but also in other cities (Antofagasta, Valparaíso, Concepción and Puerto Montt), and the retail food industry has been adjusting to this trend especially grocery retailing that has been adopting a convenience store or convenience shop model through convenience store chains, forecourt retailers, and smaller supermarkets. The assortment of products includes a wide variety of prepared dishes, chocolates, beverages, bakery products and tobacco.
