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2026 Developments
Snacks in Peru is expected to display strong momentum in 2026, evidenced by a retail value of PEN8,206 million and a year-on-year increase of 7%, surpassing the growth rates typically observed elsewhere in the region. This positive trajectory is underpinned by stable economic conditions, with rising consumer expenditure on food and low unemployment fostering both mainstream and premium snack purchases. The environment remains attractive for brands, with robust competition fuelled by innovation in both product development and marketing, alongside strategic investments such as mergers and acquisitions that expand portfolios and market reach. Success hinges on the ability to adapt to evolving consumer demands for health-oriented, plant-based, and local-ingredient products, as well as leveraging influencer partnerships and experiential campaigns to drive differentiation and maintain relevance. Brands that continuously refresh their offerings and optimise distribution across both traditional and modern channels will be best positioned to capture growth and sustain long-term engagement in an increasingly mature landscape.
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Overview:
Understand the latest market trends and future growth opportunities for the Snacks 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 Snacks 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.
The Snacks in Peru report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Snacks in Peru?
- Which are the leading brands in Snacks in Peru?
- How are products distributed in Snacks in Peru?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Snacks?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Peru?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Snacks in Peru
2026 Developments
Key Data Insights
Chart 1 Key Industry Trends for Snacks
Favourable Economic Conditions and Rising Disposable Incomes Drive Growth
Savoury Snacks Lead as Chocolate Confectionery and Ice Cream Post Strong Growth
Competition and Health-Conscious Demand Drive Innovation and Creative Marketing
Chart 2 Machu Picchu Foods and Influencer/Chef Waldir Maqque Launch a New Cereal Bar Made with Andean Grains
Chart 3 Value Sales 2021-2031
Chart 4 Value Sales by Category 2026
Steady Growth and Savoury Snacks' Enduring Leadership Will Define Snacks through 2031
Influencer Partnerships and Celebrity Campaigns Will Remain Central to Consumer Engagement
Chart 5 Analyst Insight for Snacks
"In-Out" Launches and Functional Innovation Will Define Product Development Strategies
Chart 6 Forecast Value Sales 2021-2031
Chart 7 Forecast Value Sales by Category 2026-2031
Leading Companies Consolidate Positions through Strong Brand Portfolios
Strategic Acquisitions Reshape Competitive Dynamics as Arcor and Alicorp Expand
Chart 8 Company Shares 2026
Chart 9 Brand Shares 2026
Small Local Grocers Defend Impulse Sales as Supermarkets Expand Reach
Retail E-Commerce Maintains Slow Growth as Impulse Demand Limits Channel Shift
Chart 10 Retail Channels 2021-2026
Machu Picchu Foods and Influencers Fuel New Product Launches
Cuisine and Co Taps Vegan Demand with Its 'Wheat Chicharron' Meat Alternative
Chart 11 Cuisine & Co Offers a Vegan Option for Meat-Flavoured Fried Snacks with Its 'Wheat Chicharron'
Chart 12 Economic Context for Snacks
Chart 13 Real Gdp Growth 2021-2031
Chart 14 Inflation 2021-2031
Chart 15 Consumer Context for Snacks
Chart 16 Population 2021-2031
Chart 17 Population by Generation 2026
Chocolate Confectionery in Peru
Key Data Insights
Chocolate Confectionery Summary
Chart 18 Key Industry Trends for Chocolate Confectionery
Chocolate Confectionery Outpaces Broader Food Spending as Tablets Retain Lead
Chart 19 La Ibérica Expands with New Fillings and Sugar-Free Options
Convenient Formats and Healthier Options Sustain Diversification
Cocoa Cost Pressures Drive Countlines Growth as Filled Formats Protect Margins
Chart 20 Value Sales 2021-2031
Chart 21 Volume Sales 2021-2031
Chart 22 Value Sales by Category 2026
Limited Growth Forecast as Cocoa Cost Pressures Constrain Production
La Ibérica Set to Boost Boxed Assortments with Premium Launches
Chart 23 Analyst Insight for Chocolate Confectionery
Sublime to Maintain Leadership as Tablets Remain Consumer Favourite
Chart 24 Forecast Value Sales 2021-2031
Chart 25 Forecast Value Sales by Category 2026-2031
Nestlé Sustains Leadership as Rivals Innovate to Compete
Chart 26 Company Shares 2026
Chart 27 Brand Shares 2026
Small Local Grocers Sustain Lead as Impulse Purchases Drive Sales
Retail E-Commerce Narrows the Gap with Supermarkets Despite Barriers
Chart 28 Retail Channels 2021-2026
La Ibérica Expands Its Chocoperlas Line with New Fillings and Sugar-Free Options
Nestlé Drives the Growth of Countlines with the Launch of Chocotrio
Chart 29 Nestlé Launched Chocotrio, a Countline That Combines Chocolate Filled with Cream and Cookie on Top
Chart 30 Economic Context for Chocolate Confectionery
Chart 31 Real Gdp Growth 2021-2031
Chart 32 Inflation 2021-2031
Chart 33 Consumer Context for Chocolate Confectionery
Chart 34 Population 2021-2031
Chart 35 Population by Generation 2026
Gum in Peru
Key Data Insights
Gum Summary
Gum Delivers Moderate Growth as High Penetration Constrain Expansion
Chart 36 Trident Launches its New Limited-Edition Stranger Things Chewing Gum
Chewing Gum Maintains Lead as Bubble Gum Outpaces in Growth
Trident’S Cultural Collaborations Drive Engagement Amid Slowing Growth
Chart 37 Value Sales 2021-2031
Chart 38 Volume Sales 2021-2031
Chart 39 Value Sales by Category 2026
High Market Saturation and Minimal Price Increases Will Limit Gum's Growth
Chewing Gum to Lead Growth While Bubble Gum Expected to Grow Fastest
Creative Marketing and Product Innovation to Shape Brand Relevance
Chart 40 Forecast Value Sales 2021-2031
Chart 41 Forecast Value Sales by Category 2026-2031
Top Companies Build Lead Due to Brand Loyalty and Sustained Marketing
Chart 42 Company Shares 2026
Chart 43 Brand Shares 2026
Small Local Grocers Anchor Impulse Sales as Proximity Wins
Retail E-Commerce Expands Slowly as Impulse Habits Limit Gains
Chart 44 Retail Channels 2021-2026
Chart 45 Economic Context for Gum
Chart 46 Real Gdp Growth 2021-2031
Chart 47 Inflation 2021-2031
Chart 48 Consumer Context for Gum
Chart 49 Population 2021-2031
Chart 50 Population by Generation 2026
Sugar Confectionery in Peru
Key Data Insights
Sugar Confectionery Summary
Chart 51 Key Industry Trends for Sugar Confectionery
Controlled Inflation Define Sugar Confectionery's Steady Performance
Gummies and Jellies to Remain Largest within Sugar Confectionery
Active Product Innovation Sustains Consumer Interest and Growth
Chart 52 Value Sales 2021-2031
Chart 53 Volume Sales 2021-2031
Chart 54 Value Sales by Category 2026
Market Saturation and Controlled Inflation to Constrain Growth Despite Innovation
Gummies and Jellies to Drive Growth as New Launches Accelerate Demand
Creative Product Launches and Health Claims to Reshape Consumer Choices
Chart 55 Analyst Insight for Sugar Confectionery
Chart 56 Forecast Value Sales 2021-2031
Chart 57 Forecast Value Sales by Category 2026-2031
Molitalia Defends Leadership as Labocer and Arcor Reshape Competition
Arcor Expands through Sayon Acquisition to Boost Growth in Sweets
Chart 58 Company Shares 2026
Chart 59 Brand Shares 2026
Small Local Grocers Maintain Impulse Sales Dominance as Modern Trade Rises
Retail E-Commerce Expands Steadily but Remains Limited by Impulse-Driven Buying
Chart 60 Retail Channels 2021-2026
Perufarma Introduces Haribo Gummies to Capture New Consumer Demand
Haribo’S Launch Heightens Competition and Spurs Further Innovation
Chart 61 Perufarma Sa Expands Its Sugar Confectionery Portfolio with Renowned Haribo Gummies
Chart 62 Economic Context for Sugar Confectionery
Chart 63 Real Gdp Growth 2021-2031
Chart 64 Inflation 2021-2031
Chart 65 Consumer Context for Sugar Confectionery
Chart 66 Population 2021-2031
Chart 67 Population by Generation 2026
Ice Cream in Peru
Key Data Insights
Ice Cream Summary
Chart 68 Key Industry Trends for Ice Cream
Insight-Driven Marketing and Favourable Economic Conditions Underpin Ice Cream's Growth
Chart 69 Nestlé SA Breaks Sales Records with its Stranger Things Ice Cream Campaign
Impulse Ice Cream Leads Growth, Underpinned by Innovation and Accessibility
Leading Brands Disrupts with Affordable Water-Based Options for All Ages
Chart 70 Value Sales 2021-2031
Chart 71 Volume Sales 2021-2031
Chart 72 Value Sales by Category 2026
Slow Growth Will Define Ice Cream's Trajectory as Controlled Inflation Cap Expansion
Impulse Ice Cream to Retain Leadership as Insight-Driven Collaborations Sustain Demand
Artisanal Brands Set to Expand Online and in Retail with Family-Friendly Offerings
Chart 73 Analyst Insight for Ice Cream
Chart 74 Forecast Value Sales 2021-2031
Chart 75 Forecast Value Sales by Category 2026-2031
Nestlé Expands Leadership with Innovation and Distribution Investment
Chart 76 Company Shares 2026
Chart 77 Brand Shares 2026
D’Onofrio Artika, and Yamboly Drive Refrigeration Support to Boost Local Grocer Sales
Retail E-Commerce Advances Slowly as Logistics Challenge Online Expansion
Chart 78 Retail Channels 2021-2026
Nestlé Sa Breaks Sales Records in the Cold Months with Its Stranger Things Ice Cream Campaign
Productos Artisan Sac Launched a New Water Ice Cream for Mass Consumption
Chart 79 Productos Artisan Sac Launches Happy Chips Light for Mass Consumption
Chart 80 Economic Context for Ice Cream
Chart 81 Real Gdp Growth 2021-2031
Chart 82 Inflation 2021-2031
Chart 83 Consumer Context for Ice Cream
Chart 84 Population 2021-2031
Chart 85 Population by Generation 2026
Savoury Snacks in Peru
Key Data Insights
Savoury Snacks Summary
Chart 86 Key Industry Trends for Savoury Snacks
Savoury Snacks Records Growth as Innovation and Rising Incomes Fuel Consumer Demand
Savoury Biscuits Leads as Product Diversity and Health-Conscious Innovation Drive Growth
Chilli Pepper Innovation and Bold Flavour Profiles Drive Salty Snacks' Performance
Chart 87 Inka Crops SA Introduces a New Chili Flavour
Chart 88 Value Sales 2021-2031
Chart 89 Volume Sales 2021-2031
Chart 90 Value Sales by Category 2026
Inka Crops and Tambo to Drive Flavour Innovation and Retailer Collaboration
Chart 91 Analyst Insight for Savoury Snacks
Product Innovation Expected to Shape Growth in Salty and Vegetable Snacks
High-Protein and Plant-Based Snacks to Meet Evolving Consumer Diets
Chart 92 Forecast Value Sales 2021-2031
Chart 93 Forecast Value Sales by Category 2026-2031
Leading Companies Retain Positions Due to Strong Brand Portfolios
Alicorp's Acquisition of Inka Crops and Innovation Drive Competitive Shake-Up
Chart 94 Company Shares 2026
Chart 95 Brand Shares 2026
Small Local Grocers Sustain Impulse Sales Despite Modernisation
Retail E-Commerce Advances as Logistical Barriers Ease Gradually
Chart 96 Retail Channels 2021-2026
Cuisine & Co Offers a Vegan Option for Meat-Flavouredsnacks with Its Wheat Chicharron
Inka Crops Sa Introduces a New ‘Aji Parrillero’ Chilli Flavour to Its Potato Chips
Chart 97 Cuisine & Co Offers a Vegan Option for Meat-Flavoured Fried Snacks with Its 'Wheat Chicharron'
Chart 98 Economic Context for Savoury Snacks
Chart 99 Real Gdp Growth 2021-2031
Chart 100 Inflation 2021-2031
Chart 101 Consumer Context for Savoury Snacks
Chart 102 Population 2021-2031
Chart 103 Population by Generation 2026
Sweet Biscuits, Snack Bars and Fruit Snacks in Peru
Key Data Insights
Sweet Biscuits, Snack Bars and Fruit Snacks Summary
Chart 104 Key Industry Trends for Sweet Biscuits, Snack Bars and Fruit Snacks
Strong Performance as Premiumisation and Innovation Drive Value Gains
Sweet Biscuits Leads as Flavour Variety and Packaging Innovation Drive Consumption
Influencer Partnerships and Flavour Innovation Sustain Brand Leadership
Chart 105 Value Sales 2021-2031
Chart 106 Volume Sales 2021-2031
Chart 107 Value Sales by Category 2026
Innovation and Competition to Drive Modest Value Gains Amid Maturity
Protein and Energy Bars to Outpace Other Launches as Health Focus Accelerates
Natural Ingredients and Influencer Campaigns to Shape Product Innovation Strategies
Chart 108 Analyst Insight for Sweet Biscuits, Snack Bars and Fruit Snacks
Chart 109 Forecast Value Sales 2021-2031
Chart 110 Forecast Value Sales by Category 2026-2031
Mondelez Leverages Innovation and Marketing to Reinforce Lead
Chart 111 Company Shares 2026
Chart 112 Brand Shares 2026
Small Local Grocers Sustain Impulse Sales Despite Modern Gains
Retail E-Commerce Grows Steadily as Physical Stores Retain Impulse Edge
Chart 113 Retail Channels 2021-2026
New Oreo Lemon From Mondelez Peru Sa Keeps Its Main Format with a New Flavour
Chart 114 The New Oreo Lemon Releases a Contagious New Flavour
Machu Picchu Foods and Waldir Maqque Drive Growth with Local Ingredients and Influencer Appeal
Chart 115 Machu Picchu Foods and Influencer/Chef Waldir Maqque Launch a New Cereal Bar Made with Andean Grains
Chart 116 Economic Context for Sweet Biscuits, Snack Bars and Fruit Snacks
Chart 117 Real Gdp Growth 2021-2031
Chart 118 Inflation 2021-2031
Chart 119 Consumer Context for Sweet Biscuits, Snack Bars and Fruit Snacks
Chart 120 Population 2021-2031
Chart 121 Population by Generation 2026
Country Reports Disclaimer
The following categories and subcategories are included:
Snacks
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- Chocolate Pouches and Bags
- Boxed Assortments
- Chocolate with Toys
- Countlines
- Seasonal Chocolate
- Tablets
- Other Chocolate Confectionery
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- Bubble Gum
- Chewing Gum
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- Boiled Sweets
- Chewy Candies
- Gummies and Jellies
- Liquorice
- Lollipops
- Medicated Confectionery
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- Power Mints
- Standard Mints
- Toffees, Caramels and Nougat
- Other Sugar Confectionery
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- Frozen Yoghurt
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- Single Portion Dairy Ice Cream
- Single Portion Water Ice Cream
- Plant-based Ice Cream
- Unpackaged Ice Cream
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- Bulk Dairy Ice Cream
- Ice Cream Desserts
- Multi-Pack Dairy Ice Cream
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- Bulk Water Ice Cream
- Multi-Pack Water Ice Cream
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- Nuts, Seeds and Trail Mixes
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- Potato Chips
- Tortilla Chips
- Puffed Snacks
- Rice Snacks
- Vegetable, Pulse and Bread Chips
- Savoury Biscuits
- Popcorn
- Pretzels
- Meat Snacks
- Seafood Snacks
- Other Savoury Snacks
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- Dried Fruit
- Processed Fruit Snacks
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- Cereal Bars
- Protein/Energy Bars
- Fruit and Nut Bars
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- Chocolate Coated Biscuits
- Cookies
- Filled Biscuits
- Plain Biscuits
- Wafers
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This report originates from Passport, our Snacks research and analysis database.
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