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Chile offers excellent export opportunities for U.S. food and beverage exporters. With the highest per capita GDP in Latin America, Chile is a growing export market for U.S. food suppliers, and a strong trading partner.

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.

Chile has consolidated its reputation as one of the main players in the global food industry. According to Chilealimentos A.G. (Chile’s Food Processors Association) food sales in Chile reached $44.4 billion in 2020, which represents a 7.8 percent decrease of sales compared to 2019, and Chilean domestic food sales reached $27 billion in 2020.

For marketing year (MY) 2021/22, Post forecasts 230,000 hectares (ha) of wheat planted area totaling 1.4 million metric tons (MMT) of wheat production, which represents a 2.56 percent increase over MY2020/21 due to high price expectations.