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Learn moreFeb 2020
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Studies conducted by universities show that local consumers associate organic with vegetables such as lettuce or tomatoes, but not with bread or meat. Therefore, the concept that Peruvians have of what organic represents is contradictory to what organic packaged food can actually offer.
In Peru, organic packaged food was only offered by two product types in 2019; prepared baby food and pasta. There is very low participation in both of these categories, with only hypermarkets offering organic packaged food at the end of the review period.
Despite lack of knowledge, the main threat to greater penetration of organic packaged food in Peru is the high unit price. Most brands are imported as the small category size does not make local production profitable, creating limited availability of organic products.
On a national level, only RAM Industries SA produces organic packaged food, specifically in prepared baby food. The company’s strategy is to have a presence in a few select supermarkets and to differentiate its products with colourful packaging, clearly indicating their organic credentials.
Organic packaged food was only distributed through hypermarkets in 2019. Some unpackaged organic produce (not included in this report) is available through small market fairs held during weekends in some high-end neighbourhoods.
A successful strategy would be to focus on young professionals as well as single to two-person households where there are lower budget constraints. In addition, young consumers with access to the internet and those with greater knowledge of the concept of organic packaged food and its benefits to health are willing to pay a premium price for these products.
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Overview: Discover the latest market trends and uncover sources of future market growth for the Organic Packaged Food industry in Peru with research from Euromonitor's team of in-country analysts.
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The Organic Packaged Food in Peru market research report includes:
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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.