In 2023, the oilseeds market size volume per capita in Chile stood at 3 kg. The forecasted data for the period from 2024 to 2028 shows a steady and continuous increase, indicating a positive trend. Specifically, the values are expected to grow from 3.2 kg per capita in 2024 to 3.31 kg per capita by 2028.
Analyzing year-on-year variations:
- 2023 to 2024: 6.67% increase
- 2024 to 2025: 0.94% increase
- 2025 to 2026: 0.93% increase
- 2026 to 2027: 0.61% increase
- 2027 to 2028: 0.91% increase
The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is estimated at approximately 1.94%, depicting a steady upward trend in oilseeds consumption per capita.
Future trends to watch for: Potential factors influencing future growth include advancements in agricultural practices, changes in dietary trends towards plant-based proteins, and government policies promoting oilseeds cultivation. Monitoring these variables will be crucial for understanding long-term market dynamics.
