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Country Report

Cheese in

Cheese in Peru

Nov 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Cheese growth trend interrupted in 2020 as COVID-19 decreases incomes

Low- and middle-income households do not typically consume cheese daily as it is considered expensive compared to substitutes such as sausages, ham or even jam. A regular breakfast in Peru includes a cup of milk with coffee, tea or chocolate plus artisanal bread spread with jam and butter/margarine.

Plain cheeses preferred for everyday use, spiced or seasoned for special occasions

Consumers are not usually fans of cheeses that contain spices and other seasonings, which tend to have higher prices and are imported from other countries. For example, buyers prefer traditional cream cheese for everyday use.

Unpackaged informal products the main threat to leading brands

Gloria is the leading brand, belonging to Grupo Gloria which has a large raw milk collection system. This company ensures its presence in all channels with a large variety of products, covering all dairy categories including cheese.

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Samples

Cheese Market Sample Report Cheese Market Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Cheese industry in Peru with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cheese industry in Peru, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cheese in Peru market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Cheese in Peru?
What are the major brands in Peru?
Given mounting obesity concerns, are consumers moving from full-fat to reduced fat/fat-free offerings?
Are consumers moving from unpackaged to packaged cheese?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

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Cheese in Peru - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Cheese growth trend interrupted in 2020 as COVID-19 decreases incomes

Plain cheeses preferred for everyday use, spiced or seasoned for special occasions

Unpackaged informal products the main threat to leading brands

RECOVERY AND OPPORTUNITIES

Cheese volume sales expected to grow as economy recovers and incomes rise

Edam, Fresco and Gouda expected to remain popular in unprocessed cheese

Reduced fat cheese set to see increasing popularity among health-conscious consumers

CATEGORY DATA

Table 1 Sales of Cheese by Category: Volume 2015-2020
Table 2 Sales of Cheese by Category: Value 2015-2020
Table 3 Sales of Cheese by Category: % Volume Growth 2015-2020
Table 4 Sales of Cheese by Category: % Value Growth 2015-2020
Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2015-2020
Table 6 Sales of Unprocessed Cheese by Type: % Value 2015-2020
Table 7 NBO Company Shares of Cheese: % Value 2016-2020
Table 8 LBN Brand Shares of Cheese: % Value 2017-2020
Table 9 Distribution of Cheese by Format: % Value 2015-2020
Table 10 Forecast Sales of Cheese by Category: Volume 2020-2025
Table 11 Forecast Sales of Cheese by Category: Value 2020-2025
Table 12 Forecast Sales of Cheese by Category: % Volume Growth 2020-2025
Table 13 Forecast Sales of Cheese by Category: % Value Growth 2020-2025

Packaged Food in Peru - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

A high number of restaurants face bankruptcy in 2020 as a result of COVID-19 lockdown restrictions
Foodservice outlets take extra precautions to meet the safety measures required for opening in 2020
Foodservice suppliers change their business models in 2020 to reach consumers directly

Consumer Foodservice

Consumer preferences change in 2020, as cleanliness and safety become the most important considerations
Health trend evident in consumer foodservice and is expected to continue into forecast period
Traditional eating habits prevail, as consumers seek out well-known dishes

Category Data

Chart 1 Packaged Food Value Sales Growth Scenarios: 2017-2024
Chart 2 Packaged Food Impact of Drivers on Value Sales: 2016-2024
Table 14 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 15 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 16 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 17 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 18 Sales of Packaged Food by Category: Volume 2015-2020
Table 19 Sales of Packaged Food by Category: Value 2015-2020
Table 20 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 21 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 22 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 23 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 24 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 25 Penetration of Private Label by Category: % Value 2015-2020
Table 26 Distribution of Packaged Food by Format: % Value 2015-2020
Table 27 Distribution of Packaged Food by Format and Category: % Value 2020
Table 28 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 30 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 31 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Cheese in Peru

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Cheese growth trend interrupted in 2020 as COVID-19 decreases incomes

Plain cheeses preferred for everyday use, spiced or seasoned for special occasions

Unpackaged informal products the main threat to leading brands

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Cheese in Peru - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Cheese growth trend interrupted in 2020 as COVID-19 decreases incomes

Plain cheeses preferred for everyday use, spiced or seasoned for special occasions

Unpackaged informal products the main threat to leading brands

RECOVERY AND OPPORTUNITIES

Cheese volume sales expected to grow as economy recovers and incomes rise

Edam, Fresco and Gouda expected to remain popular in unprocessed cheese

Reduced fat cheese set to see increasing popularity among health-conscious consumers

CATEGORY DATA

Packaged Food in Peru - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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