Peru

While Latin America’s digital landscape is less well developed than other regions globally, most measures continue to improve, with Coronavirus (COVID-19) also having served to drive the digital landscape development in 2020. With locked-down ...

After receiving a considerable boost to retail volume sales during 2020 as a result of the home seclusion and indulgence trends, the rate of growth for savoury snacks is predicted to slow to pre-pandemic levels in 2021. Peruvians are likely to temper...

While demand for gum is set to marginally improve over 2021, retail volume levels will remain well below those prior to the pandemic due to ongoing restrictions in the first half of the year with Peru continuing to face rising cases of COVID-19. Gum,...

Demand for unpackaged ice cream was significantly impacted by the pandemic in Peru, with restrictive measures imposed by the Peruvian government in 2020 resulting in horeca outlets forced to close for more than three months. With foodservice ...

Ongoing restrictions in Peru in early 2021 as a result of further spikes in COVID-19 depending on the region, is likely to drive further demand for small indulgences and comfort eating as part of the home seclusion trend. Offering greater ...

While sugar confectionery is predicted to see improving demand over 2021, following significant declines in 2020, this is unlikely to occur until later in the year due to ongoing restrictions of movement as Peru continues to struggle with rising ...

Following the home seclusion and indulgence trends of 2020 as a result of the pandemic and subsequent lockdown which boosted sales of the dominant sweet biscuits, consumers are predicted to adjust their purchasing habits in line with growing health ...

Political instability has blighted Peru, whilst corruption remains an issue. The economy is expected to recover swiftly from the Coronavirus (COVD-19) pandemic, helped by growing exports and a rebound in domestic demand. However, its mining sector ...

The loss of social occasions due to COVID-19 restrictions in 2020 slightly negatively impacted demand for cigars and cigarillos. Indeed, lockdown restrictions hit demand growth of premium cigars, and will continue limiting potential for growth in the...

In 2020, e-vapour products managed to sustain a positive current value growth trajectory. During the lockdown and subsequent months, the use and consumption of e-vapour products could have benefited in a context in which traffic restrictions, remote ...

In 2020, no category clearly benefited from the emergence of Coronavirus (COVID-19), and overall tobacco sales slightly declined in current value terms. While lockdown restrictions stemming from COVID-19 have had some impact on demand due to reduced ...

Constant tax adjustments continued to negatively impact tobacco consumption in 2020. During 2020, the Peruvian government raised the per package tax on cigarettes by 7%, with a second raise already implemented at the beginning of 2021 as well. ...

 On-trade volume sales of wine fell by 34% in 2020, compared to growth of 3% in 2019. This was the direct result of the pandemic, with a lockdown in place and restaurants, bars and similar venues that serve wine, closing their doors from March 2020. ...

Due to the outbreak of COVID-19, lockdown periods and ongoing restrictions, on-trade volume sales of RTDs recorded a decline of 49%, which compares to volume growth of 5% the previous year. On-trade volume sales suffered as a result of the closures ...

There were no sales of cider/perry in Peru at the end of the review period, and there are currently no expectations of any brands entering the market over the forecast period. ...

Beer saw an overall volume declined in 2020, with a huge dip in sales seen through the on-trade, which recorded a volume decline of 23%. In addition, off-trade volume sales of beer also declined by 12%....

 Total volume sales of spirits declined by 7% in 2020 due to an on-trade volume fall of 28%. This was due to the lockdown periods and ongoing COVID-19 restrictions during the year. In addition, many consumers avoided on-trade venues even once they ...

Due to the outbreak of COVID-19 in 2020, alcoholic drinks recorded a double-digit total volume decline, with a significant decline seen in the on-trade. Lockdown periods in the country required restaurants, bars and similar venues to close their ...

Couples with children and extended families are projected to remain dominant household types by 2040. Persisting income inequality is tackled by governmental programmes, yet attempts could by adversely affected by the COVID-19 pandemic. Lack of ...

Overall dog food continues to post good volume growth, supported by stronger rises in the dog population over 2020 and 2021. More people in Peru have been looking for companionship during their home seclusion, and the greater time available for ...