The sweeteners production in Chile stood at an actual production volume of 269.41 thousand metric tons in 2023. Forecasts from 2024 to 2028 show a gradual decline. The production volume is expected to be 269.41 thousand metric tons in 2024 and decrease steadily to 267.82 thousand metric tons by 2028, indicating a slight downward trend.
Year-on-year variation shows a marginal decrease in percentage terms, with a consistent annual decline from 2024 onwards. The compound annual growth rate (CAGR) over the five-year period is expected to show a negative trend, indicating an average annual decrease in production.
For future trends, it is essential to monitor factors such as changes in consumer health awareness, government regulations on sugar and sweeteners, and shifts toward natural and alternative sweeteners. Market dynamics, including import-export policies and competition from international producers, may also influence future production trends in Chile.
