Chocolate confectionery sales are expected to grow in volume and value terms during the forecast period because the market will be more dynamic and the various brands, especially the leading ones, will be present across all sales channels. However, growth will be greater in value terms as product prices will continue to rise because of inflation, which will remain at significant levels.
There will be an important opportunity for chocolates aimed at celebrating special dates, such as Valentine's Day, Easter (chocolate eggs and chocolate rabbits), Mother's Day, Halloween, and Christmas, because consumers are highly receptive to the different product proposals with special presentations to celebrate important occasions such as those mentioned. In this sense, formats that offer temporary special presentations for these said dates, such as boxed assortments with heart decorations or Christmas decorations, will constitute an attractive gift offer on important dates.
The economic situation is expected to remain difficult over the early years of the forecast period due to low expectations around GDP growth, the relevant high level of inflation and difficulties for consumers to obtain formal employment. This scenario could limit the consumption of snacks in general, including chocolate confectionery as it is likely that consumers will reduce the frequency of their consumption and volumes consumed in order to allocate more of their budget to essential products.
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 Chocolate Confectionery 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 Chocolate Confectionery 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 tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery 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!