Peru

Peru faced a higher level of uncertainty at the end of the review period because of its political crisis and social and climatic problems that put the economy under even greater stress. Moreover, inflation, which reached a 26-year high, underlined…

Peru has been experiencing a sustained increase in prices since 2021, which worsened in 2022 and will certainly remain high in 2023. This price increase is transversal to most consumer goods categories and services. Although Peru is a country that…

Although fish food is not the most important in terms of volume, due to the small amount they eat compared to other animals, it leads the category in terms of value. The scarcity of home-made alternatives to feed them contributes to the fact that…

High inflation was prevalent in the country in 2022 and dog food was no exception. Even though it has remained in single digits, at less than 9%, this was still the highest it had been in 26 years. Inflation was high due to an increase in dollar…

As cat ownership is enjoying faster growth than other pets in Peruvian households, consumers are eager to have a wider variety of products from which to choose. For many years companies were focused on developing dog food as they had a larger…