Peru

Value sales of pet products continued to grow at a faster pace than those of dog, cat and “other” pet food in 2020, driven by a strong humanisation trend whereby Peruvian pet owners increasingly consider their pets’ health and wellbeing and ...

Dogs and cats remain the most popular types of pet in Peru to a very large extent compared to “other” pets. While it may be convenient for people living in smaller spaces to keep birds, fish, small mammals and reptiles, these types of pets are ...

The soaring increase in the Peru’s pet population, particularly of cats and dogs, combined with the humanisation trend, continued to drive higher demand for pet and pet products in 2020. Ongoing urbanisation resulting in a higher rate of small ...

The number of cats in Peruvian homes continued to increase in 2020, and the pet cat population also continued to grow at a faster rate than that of dogs. Given that cats are more self-sufficient than dogs and can be left alone throughout the day ...

Among the factors that are driving the high growth of packaged pet food in Peru are such trends as rising relevance of pets in households, a growing middle class and a rising number of owners that are increasingly aware of their pets’ needs, ...

Peru performs rather well in the Environmental Sustainability Index due to rich forests and water reserves. However, the country fails to fight deforestation and ensure water productivity. Attempts to expand its renewable capacities and increase ...

Family planning traditions are set to persist in Peru over 2020-2040, with couples with children and extended households remaining dominant. Social issues like income inequality are being solved in Peru through state programmes, which are set to ...

Peru’s economy will weaken in 2020. The measures put in place to contain the spread of COVID-19 will hamper domestic demand. Meanwhile external demand is also being weakened, by a slowdown in global demand due to COVID-19. Once the COVID-19 measures ...

Increasingly hectic lifestyles in Lima and other main cities is a key factor behind the growth in self-service cafeterias. Heavy traffic congestion often makes it difficult for Peruvians to return home from work for lunch. Sales of self-service ...

Peruvian cuisine is considered one of the best in the world, with its varied offering including low budget itinerant cuisine and wide variety of national dishes including emolientero and sanguchero. Many of these are sold via street stalls/kiosks and...

Per capita coffee consumption in Peru is still one of the lowest in the world. In response, the Peruvian government promoted a number of activities including the Peru Cup of Excellence (allowing producers to compete for title of best coffee in Peru),...

In spite of ongoing instability in the country stemming from a political crisis, consumption levels of consumer foodservice continued to achieve growth in 2019. Much of this growth stems from expansion of the middle class thanks to recent ...

Following the recent so-called “gastronomic boom” in Peru, there was a marked oversupply of restaurants offering typical Peruvian food at the end of the review period. While new chefs and proposals have emerged, these are mainly orientated to ...

Demand for fast food continues to grow strongly in Peru, with competition in the area intensifying. Leading business groups have expanded their operations, with the opening of numerous stores, along with new shopping centres throughout the country. ...

While growth remained modest in 2019, consumer foodservice through retail maintained constant growth, thanks to the launch of several new shopping centres and the growing presence of several large retailers such as Cencosud, Supermercados Peruanos ...

Latin America has great potential for investment, yet still faces severe issues with government instability, widespread corruption and terrorism. The region also has high tax rates deterring potential investment, however, continues improving systems ...

Apparel and footwear specialist retailers continued to see current value growth in 2019, although this was at the slowest rate seen in the review period. Despite the increasing importance of department stores for purchases of such products, Peruvians...

Electronics and appliance specialist retailers continued to see current value growth in 2019, although this was slower than in the previous two years. Sports events, such as the soccer World Cup and Copa America, tend to stimulate sales in ...

Supermarkets saw another year of slow but steady current value growth in 2019. When walking through the aisles of supermarkets it is easy to see that local brands predominate in almost all product categories. Peruvians are very proud of their ...

Although in 2019 hypermarkets continued to see reasonable current value growth, this was slightly lower than in other years of the review period, mainly due to the country not meeting economic growth expectations. This resulted in lower confidence, ...