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Chile health and wellness Market Research Report,

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Title: Chile health and wellness Market Research Report,


1
Healthy Lifestyle Demands For Health And Wellness
Food With New Label Laws In Chile Ken Research
2
Chile is South America country with strong
growing economy. In spite of downfall of the
Chilean economy in the past years, the demand for
health and wellness products continues to grow
with available nutritious packaged foods and
health beverages. These products were in great
demand and continuous to register steady growth
in the health and wellness products market.
Consumers demand for premium health and wellness
products, which contain ingredients that are more
natural. New labelling laws encourage consumers
to opt for healthier beverages, leading the
consumers to migrate from carbonates drinks to NH
bottled water defeating carbonates.
3
With the increase in health awareness, a large
population in Chile are avoiding regular cola
carbonates in favour of low calorie alternatives.
Many Chileans are attracted to flavoured bottled
water than the regular cola carbonates, which are
affordable, offering a good balance between
health and refreshment. Numerous competitors in
the soft drinks market are emerging with new
technologies, ingredients and formulas, which are
delivering healthier products without
compromising on taste or quality. According to
the market research report "Health and Wellness
in Chile", many companies changed product
formulas due to the new labelling laws to avoid
being blacklisted. This boosted the entrance of
new competitors in the health and wellness market
with healthier products and improved distribution
network of reduced sugar variants and other
health-oriented product types.
4
The major distribution channels for the health
and wellness products are via modern grocery
retailers, supermarkets and hypermarkets. The
economic recession is sure to negatively impact
on health and wellness products with increase in
prices of healthier products. Consequently, there
would be decrease in the consumers spending
income and a downfall of sales in the health and
wellness products. Chileans felt the need to
improve their lifestyle habits urgently with
majority of the population being affected with
various health issues. Obesity, diabetes,
arterial hypertension, high cholesterol and other
concerns related to poor eating habits are the
major health issues in Chile. The number of
people with chronic diseases such as high blood
pressure and high cholesterol because of being
obese or overweight are increasing rapidly in
Chile.
5
The country is in the sixth place regarding child
obesity among other countries. Therefore, it was
observed that there is a huge flow of health and
wellbeing products all over the country. It was
estimated that the health and wellness industry
will reach beyond 1trillion USD in the coming
years. With the health issues around, the health
and wellness products record a steady growth over
the last five years in Chile. The regular
products such as sugary drinks and snacks, white
rice and white flours are replaced with healthier
products. The premium products are fresh,
natural and minimally processed foods including
low/no cholesterol, low/no fat and low
salt/sodium and calcium- and vitamin-fortified
foods. The Chileans are willing to pay for
healthy foods for a healthy lifestyle.
These initiatives increased consumer awareness in
decision-making about what is in their food and
encourage for more healthy foods.
6
The Chileans are searching for ways to stay
healthy and be in good shape is likely to
continue and increase. These changes resulted in
more number of population practicing sports,
running, and going to the gym with more people
buying products for weight management, sports
nutrition, vitamins and dietary supplements. For
further information, kindly visit https//www.ken
research.com/healthcare/general-healthcare/health-
wellness-chile/120719-91.html    Related
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7
Contact Us Ken ResearchAnkur Gupta, Head
Marketing Communicationsankur _at_
kenresearch.com91-9015378249www.kenresearch.com
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