Despite the fact that preparing soups at home requires time, packaged soups are not seen as viable alternatives by the young generations, because they perceive these products as unhealthy, opting for other choices such as home-made tequeños, salads, or rice instead. As such, soups will continue to face challenges over the forecast period and may likely decrease in volume size.
Prepared salads, on the other hand, are expected to go from strength to strength over the next five years. There is an important difference between salads and all other meals and soups – namely, salads are made from fresh ingredients and, therefore, consumers perceive these products as healthy.
After an expected decrease in 2022 following the era of the pandemic and thus higher demand for ready meals such as pizza, to replace the reduced availability through foodservice, pizza looks set to return back to normal, lower, growth patterns across the forecast period. Whilst ready meal pizza continues to offer convenience, the fact that foodservice has reopened means stronger competition again.
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 Meals and Soups 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 Meals and Soups 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.
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.See All of Our Definitions
This report originates from Passport, our Meals and Soups 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!