Meal Delivery - Chile

  • Chile
  • The Meal Delivery market in Chile is expected to achieve a revenue of US$337.50m by 2024.
  • It is projected to display an annual growth rate (CAGR 2024-2029) of 2.39%, resulting in a market volume of US$379.80m by 2029.
  • In terms of the Platform Deliverymarket, in Chile is anticipated to reach a market volume of US$295.00m in 2024.
  • In a global context, China is expected to generate the highest revenue, amounting to US$184,500.00m in 2024.
  • The average revenue per user (ARPU) in the Meal Delivery market in Chile is projected to be US$59.16 in 2024.
  • Moreover, the number of users in the Chilean Meal Delivery market is expected to reach 6.3m users by 2029.
  • The user penetration rate in the Meal Delivery market will be at 29.0% in 2024.
  • Chile's meal delivery market is thriving, with a wide range of options catering to the country's love for fresh seafood and traditional dishes.
 
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Analyst Opinion

The Meal Delivery market in Chile has experienced significant growth in recent years.

Customer preferences:
Chilean consumers are increasingly seeking convenience and healthy meal options, which has led to a rise in demand for meal delivery services. Additionally, the COVID-19 pandemic has accelerated this trend as more people are staying at home and relying on delivery services for their meals.

Trends in the market:
One trend in the Chilean Meal Delivery market is the increasing popularity of subscription-based meal delivery services. These services offer customers the convenience of having healthy meals delivered directly to their homes on a regular basis. Another trend is the rise of plant-based meal options, as more consumers are looking for healthier and more sustainable food choices.

Local special circumstances:
Chile's geography and climate make it an ideal location for the production of fresh fruits and vegetables, which has led to a strong emphasis on healthy eating in the country. Additionally, Chile has a large middle class with increasing purchasing power, which has contributed to the growth of the Meal Delivery market.

Underlying macroeconomic factors:
Chile's strong economy and stable political environment have also contributed to the growth of the Meal Delivery market. The country has a well-developed logistics infrastructure, which makes it easier for meal delivery companies to operate efficiently. Additionally, the government has implemented policies to promote healthy eating, which has further boosted demand for meal delivery services.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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