Agricultural Sectors

An Expert's View about Food , Beverages and Tobacco in Chile

Posted on: 12 Jul 2012

The Chilean food industry is primarily based on the country’s agricultural resources and remains, to a significant degree, dependent on agro-based exports. The agricultural industry is one of the staples of the Chilean economy, generating around US$ 4 billion in exports annually. It represents around 25% of the country’s GDP and is the second most important exporting sector.
The Chilean food system employs 1.2 million, representing almost 20% of the country’s economically active population. It is expected that by the year 2030 the GDP generated by the food sector will account for more than 35% of Chile’s GDP, and one out of three workers will have jobs within this industry.
Chile has excellent natural conditions to continue developing its agro-industrial and food industries. The country’s southern hemisphere location means that it produces crops during the opposite seasons to the world’s major consumer markets in the northern hemisphere. In addition, its elongated north-south orientation means that harvests can be staggered throughout the growing season. Furthermore, the country’s relative geographical isolation (desert in the north, the Andes mountain range to the east, the Pacific Ocean to the west and south), which together with a strict government policy, maintains Chile as a country free from most pests and diseases.
According to the Food and Agriculture Organization of the United Nations, Chile’s food exports have grown at an average annual rate of 10% over the past decade. This ranks Chile as the fastest growing food exporting country, supplying more than 150 countries around the globe with fresh and processed foods and beverages.
The fruit, wine, poultry, pork, beef and fish-farming industries each offer tremendous export potential as a result of global trade liberalization, particularly between Chile and Asia. These sectors also benefit from the government’s efforts to diversify its export sector away from copper to high value-added agricultural exports – most notably salmon and wine.
Multinational food manufacturers have a long history of investing in Chile and firms such as Nestlé and PepsiCo have manufacturing plants in the country. Although domestic consumption of processed food is rising steadily, most food and drink firms investing in Chile focus on how they can utilize the country’s extensive natural resources and network of trade agreements to boost their sales in markets outside of Chile.

This report includes information on:

• Food Processing
• Red Meat and Poultry
• Edible Fish and Seafood Products
• Prepared Fruit, Prepared Vegetables, Oilseed Products
• Confectionary Products
• Baked Products
• Snack Food
• Non-Alcoholic Beverages
• Alcoholic Beverages
• Dried Goods and Condiments
• Specialized Food Ingredients

Read the full market research report

Posted: 12 July 2012

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