An increasing demand for hot sauces is expected over the forecast period, due to the growing popularity for such tastes – not only in Peru, but in all Latin American cuisines. Several factors are driving the hot sauce trend, including innovation within different flavours, an increase in the urban population, and an expected increment in disposable incomes compared to the down years of 2021 and 2022.
Mayonnaise is the product with highest sales within sauces, dips and condiments. It has very large penetration thanks to Alicorp’s Alacena brand also leading mayonnaise, as the player has an impressive distribution network.
After the era of the pandemic and home seclusion ended, during which we saw a global home-cooking trend, many consumers had widened their tastebuds and become accustomed to sauces they had not tried before – for example, barbecue, mustard, or oyster sauces. Such products help to create different tastes in dishes, providing variety in home-made dishes, along with adding convenience to the overall cooking process.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.See All of Our Definitions
This report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!