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Discrepancies between the information provided on the export certificate and the information on the label of the package in U.S. dairy products is causing recurring detentions at the ports of entry in Chile.

The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.

In 2023, the Chilean retail food industry witnessed a moderate recovery, with total sales reaching approximately $28.5 billion, a 2.3 percent increase over 2022. The Chilean retail sector is made up of large supermarkets, mid-sized grocery stores, convenience stores, and thousands of smaller independent mom-and-pop shops.

This report provides a comprehensive overview of the sweets and snack industry in Chile, highlighting its main players, consumption trends, regulations, and related international trade. The industry is robust and competitive balancing local production and imports. Innovation and adaption to consumption trends are key to the sector's continued growth.

On July 7, 2024, Chile’s new alcoholic beverages labeling law will come into force. The law aims to warn drivers, pregnant women, and minors about the impacts of consuming alcohol and to restrict the advertisements that could be directed to minors.

Chile has a modern and developed food and beverage processing industry. The Chilean food sector is the second most relevant export sector in the country after mining. There are significant opportunities for imported food ingredients in Chile, as half of all ingredients used by the food processing industry are imported.

Peru has a robust food processing industry that is an integral part of its economy. The food industry contributes to nearly 27 percent of the country's industrial gross domestic product (GDP). However, the non-primary manufacturing sector, which encompasses food and beverage production, experienced a decline of 8.1 percent in 2023.

Chile has a growing and dynamic distilled spirits industry, with a particular focus on pisco production.

Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products. Health restrictions eased during 2021 but the foodservice sector has yet to recover pandemic-related losses. The industry will also...

In marketing year (MY) 2023, milk price is experiencing an increasing trend due to the low milk supply and high demand for dairy. In Chile, most processing plants produce fluid milk and cheese, very few produce yoghurt, whey, condensed milk, or other value-added dairy products.

In 2022, the Chilean retail food industry witnessed a robust recovery, with total sales reaching approximately $29.5 billion, a 20.9 percent over 2021. Supermarkets and grocery stores remained the primary retail channels for food products, accounting for around 55.5 percent of the market share.

Peru´s food retail sector grew 2.7 percent in 2022. Growth was driven by better performance of the modern channel, especially in the development of new store formats and an aggressive discounting campaign to encourage sales.