Bread consumption is expected to experience low growth over the forecast period, because it already has large penetration and also because there is a growing healthy trend that invites people to consume less carbohydrates and to monitor and control their weight. These new trends are also promoting the substitution of leavened bread by flat bread, with flat bread therefore expected to experience higher growth.
The trend in rising prices in 2022, which is expected to continue into at least 2023 and potentially for several years thereafter, could lead to changes in the distribution of baked goods. For instance, some traditional bakeries are expected to stop selling through other stores such as small local grocers, or through street vendors with tricycles that go through the country’s towns and cities.
As supermarkets expand and the number of discounters grows (Mass by Supermercados Peruanos and Tottus Vecino), private label products are expected to benefit from wider distribution. This will simultaneously take place alongside an increment in the variety of baked goods that are available, which will make private label more attractive to consumers and therefore enable it to generate higher category share.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Baked Goods industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Baked Goods industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of bread, pastries, dessert mixes, frozen baked goods and cakes. Note: Baked goods from in-store bakeries are classified under unpackaged/artisanal, not packaged/industrial. While they may be finished on-site, they are often prepared, then frozen or par-baked, at other locations. Such production models are very important for supermarket in-store bakeries, which have in the past been used to drive traffic and fill stores with appetising aromas, but for which the labour resources required to run a full-service scratch bakery are not always available.See All of Our Definitions
This report originates from Passport, our Baked Goods research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!