Chocolate confectionery registered modest growth in 2022 as volume sales contracted and value sales recorded slow growth. However, in 2023 volume sales are expected to rise if modestly, while value growth will be significant, enabling the category to recover to pre-pandemic sales levels. This modest growth in volume sales will be symptomatic of significant price growth, which will discourage consumers from buying the amount of chocolate they used to. Inflation has significantly affected the pric...
Euromonitor International's Chocolate Confectionery in Peru report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.
Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Chocolate Confectionery market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Chocolate Confectionery in Peru
Euromonitor International
June 2023
List Of Contents And Tables
CHOCOLATE CONFECTIONERY IN PERU
KEY DATA FINDINGS
2023 DEVELOPMENTS
Chocolate confectionery registers the slowest growth in snacks due to a strong price increase, lower presence in outlets and a lack of advertising activity
Nestlé maintains strong leadership, but loses ground to Molitalia and its significant marketing activities
Chocolate tablets with a high cocoa content develop well, but find difficulty in competing with the leading brands that are cheaper and more widely distributed
PROSPECTS AND OPPORTUNITIES
Sales grow over the forecast period thanks to greater market dynamism, although prices rise until the economy recovers
Special dates provide an important opportunity to offer chocolate confectionery adapted to these celebrations as they make popular gifts