The gross investment in the food and beverage service activities sector in Chile has shown significant variability over the past decade. From 2013 to 2017, the sector experienced large fluctuations, with notable spikes in 2016 and 2017. However, from 2018 onwards, the sector began to stabilize, showing more consistent year-on-year growth. In 2023, the value stood at 274.91 billion Chilean Pesos, marking a 2.53% increase from the previous year. Over the last five years, the sector has had a compound annual growth rate (CAGR) of 1.73%, indicating modest but steady growth.
Future trends to watch for include:
- Continued gradual growth driven by increased consumer spending and tourism recovery post-pandemic.
- Potential impacts of economic policies or global economic conditions on investment patterns.
- Technological advancements and shifts in consumer preferences, such as a rise in demand for sustainable and health-conscious food options.
