Peru

Collagen, which forms part of combination dietary supplements is witnessing strong value growth in 2022. Being highly fragmented there are a wide range of competing players, from pharmaceutical companies such as Laboratorios Bagó and Sanofi, to…

Gum witnessed a second year of double-digit growth as the category continued to recover from the pandemic, however retail consumption and current value sales have yet to fully recover to pre-pandemic levels. In 2020, Peru experienced the largest drop…

Pet care retail volume sales continued to expand at a robust pace in Peru during 2022, supported by rapidly expanding canine and feline populations and the deepening pet humanisation trend, which is leading more owners to feed their pets prepared…

Manufacturers of salon professional hair care were forced to rapidly develop other distribution channels during 2020 and 2021. This was due to the fact hair and beauty salons were closed, by order of the government, for several months in response to…

Manufacturing costs of laundry care have increased in 2020 and 2021. This is a result of rising costs of raw materials as and logistical services, mainly transportation, that are related directly to the pandemic. Prices have also been impacted by a…

Sales via the vending channel were greatly affected by the pandemic because most vending machines are located within the facilities of establishments that were forced to close to prevent the transit and gatherings of people, such as shopping centres,…

Sales of department stores were strongly affected at the beginning of the pandemic due to the mandatory closure on all commercial activities considered non-essential as part of the measures to counteract the health emergency produced by COVID-19.…

RTD tea continued to struggle in 2021 with COVID-19 and its impact on the economy forcing many consumers to exercise greater caution in their spending. Peruvians are notoriously price-sensitive and in times of financial difficulty typically avoid…

Due to the ongoing challenges faced in tackling COVID-19 consumers continued to spend significantly more time at home with their family during 2021 compared to before the pandemic. While health concerns remained an important influence on sales of…

After the surge in 2020, value growth of vitamins has continued to normalise in 2022 showing a steady rise in current terms. COVID-19 led to a surge in sales of vitamins as consumers sought to strengthen their immune system and help it defend against…

Peru is experiencing a very delicate economic situation and faces the possibility of stagflation in 2022. The war in Ukraine, the lack of fertilizers and the political crisis that the country is experiencing under the government of Pedro Castillo is…

Sales of retail tissue were impacted by the pandemic in different ways, with 2021 seeing further differentiation in terms of performances. Paper towels recorded another year of significant growth following dynamic demand in 2020 due to home seclusion…

Sales of dishwashing products saw a sharp spike in 2020, as lockdown and self-isolation meant the number of meals prepared and eaten at home increased. The relaxation of many of these measures in 2021 has seen volume sales shrink; however, this is…

Homeshopping sales have benefited from the lockdown because although this sales channel is very small in Peru compared to others (only larger than vending), it experienced significant growth in 2020. This was because of the obligation to be at home…

RTD coffee remains a relatively niche category in Peru albeit with potential for growth, specifically among young Peruvian consumers who purchase it to manage stress and boost energy levels for their busy lifestyles. Many also opt for it as a healthy…

Juice saw a steep decline in off-trade value and volume sales in 2020 as the economic impact of COVID-19 negatively affected demand. The category had already been suffering due to the growing perception that many products on offer were not as healthy…

Concentrates was one of few categories in soft drinks in Peru to see sustained growth in current value terms in 2020, with this growth continuing into 2021. Sales benefited from the presence of options that link the category with health drivers. For…

After months of mandatory home seclusion due to the COVID-19 pandemic, Peruvians are eagerly resuming their physical and sports activities. For this reason, sales of antifungals are expected to rise moderately in 2022 as cases of athlete’s foot rise,…

Demand for premium chocolate continues to rise as consumers now recognise the quality of products that contain a large percentage of cocoa. Value sales of chocolate confectionery experienced double-digit growth for the second year in 2022, driven in…

On-trade volume sales plummeted in 2020 as Peru imposed harsh lockdowns. The situation in 2021 improved somewhat, but curfews and restrictions in the on-trade hampered a recovery, with volume sales remaining far below pre-pandemic levels. The growth…