The economy will decelerate in 2017. Recent damages from coastal flooding could take as much as 1% off growth. The corruption scandal involving Odebrecht, the Brazilian construction company, has also led to several large infrastructure projects being...

In 2016 the alcoholic drinks market in Peru experienced modest growth in total volume sales. This can mainly be explained by the slower growth rates of some products, such as spirit-based RTDs, other blended Scotch whisky and bourbon/other US ...

RTDs/high-strength premixes is a category that has been re-invented over time, moving from very affordable products with basic packaging to premium products with a whole image and marketing that back up their growth. Imported and domestic companies ...

There were no sales of cider/perry in Peru in 2016. There are not expected to be any sales of cider/perry in Peru over the forecast period....

Like other alcoholic drinks, premiumisation was the main trend within spirits in Peru in 2016. Increasing purchasing power and rising disposable incomes promoted the upgrading of consumer consumption to products within the same category, or other ...

The performance of wine was strong in 2016, as the premiumisation trend, pushed by consumers’ increasing purchasing power, created the perfect scenario for the growth of the category. The wine offering is comprised of both domestic and international ...

Imported premium lager saw an outstanding performance in 2016, with total volume growth of 21%. However, it only represented a negligible share of total volume sales within overall beer; a percentage that has been growing. The entry to the market of ...

Despite large hydrocarbon reserves, Peru is a net energy importer. Nevertheless, natural gas exploration and production could change this in the long run. Although the country possesses ample renewable water resources, glacial retreat, along with ...

Latin America’s digital development is being fuelled by government action, especially through laws that encourage competition and implementation of projects that aim to extend fibre broadband among low-income consumers. The region is home to a ...

The main driver of sales growth in cat food in 2017 and over the forecast period is expected to be the increasing numbers of cats being kept as pets in Peru, with the country’s pet cat population increasing at a faster rate than the pet dog ...

In 2017, sales of dog food in Peru are expected to increase by 8% in volume and by 11% in current value, rates of growth which are set to be above the growth rates experienced in the category in 2016. This acceleration in growth is set to be due to ...

The size of Peru’s other pet population increased by 3% per year over the review period as Peruvians prefer dogs and cats over other animals such as fish and birds. In addition, there is a large population of pet birds and even small mammal pets that...

Around 75% of total pet cats and dogs in Peru are fed with leftover homemade food or artisanal products, which are considered as cheaper but which do not supply all of the nutrients to cover all pet needs. However, every year, a rising proportion of ...

Pet products recorded more dynamic growth than pet food in 2016 and this was caused by rising demand among consumers who like to spoil their pets by buying them pet accessories and items such as pet toys, beds and dishes, among others. However, pet ...

In 2016, the growth of better for you beverages was driven by the health and wellness trend, which encouraged Peruvians to switch from their usual regular beverages to reduced sugar options that are going to have a less harmful impact on their ...

Consumers demand reduced sugar and reduced fat products in order to control their weight, which is more important to them than other health issues when looking for better for you packaged food. BFY reduced fat products represented a 61% value share ...

Fortified/functional beverages accounted for a 49% value share of health and wellness beverages in Peru, making it the most important category....

Fortified/functional packaged food accounted for a 59% retail value share of health and wellness packaged food in 2016, being the largest category. These products offer attractive benefits for consumers, although they are limited to a few categories ...

Free from consists of products free from allergens with a 14% retail value share in 2016, free from dairy with 63%, free from gluten with 14% and free from lactose with 9%. In Peru, it is not common to find products for diabetics, however those that ...

The health and wellness trend in Peru is strong and consumers are increasingly looking for products that are good for their wellbeing. Naturally healthy beverages represents a 30% value share of overall health and wellness beverages and is taking ...