Region: All Regions South America Peru -
Peru Data Center Market - Investment Analysis & Growth Opportunities 2024-2029
Peru Data Center Market - Investment Analysis & Growth Opportunities 2024-2029 The Peru data center market size by investments is expected to grow at a CAGR of 15.59% from 2023 to 2029. KEY HIGHLIGHTS The Peru data center market witnessed gradual and steady growth and is one of the developing and em ... Read More
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Energy Drinks in Peru
Energy Drinks in Peru Energy drinks have achieved significant market acceptance in Peru in 2024, attracting an expanding consumer base, particularly among young people and teenagers, who now regard them as a regular part of their weekly expenditure. This growing consumer interest has created a favou ... Read More
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Concentrates in Peru
Concentrates in Peru The relatively warm first half of 2024 has positively impacted concentrates, with increased consumption as Peruvians seek more hydration options. Powder concentrates continue to be considered an ideal product for weekly consumption by many traditional consumers. Despite a challe ... Read More
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Carbonates in Peru
Carbonates in Peru The sustained hot weather in Peru during early 2024, intensified by the El Niño phenomenon, supported growth in demand for carbonates as consumers sought more hydration options. Although temperatures began to decline in May, stabilising the demand, the initial heatwave set a posit ... Read More
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RTD Tea in Peru
RTD Tea in Peru Although still a relatively small category within soft drinks in Peru, still RTD tea has seen growth in 2024, driven by the country's hot summer months. As temperatures soared, Peruvian consumers increasingly sought out alternative hydration options, with Still RTD Tea emerging as a ... Read More
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Sports Drinks in Peru
Sports Drinks in Peru The high temperatures experienced in 2023 and 2024 have led Peruvians to prioritise hydration, with many adopting more active lifestyles and engaging in exercise to support a healthier life. Sports drinks have become an ideal solution, meeting the demand for hydration while rep ... Read More
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Soft Drinks in Peru
Soft Drinks in Peru The exceptionally hot weather of 2024, exacerbated by the global El Niño phenomenon, resulted in higher temperatures, similar to the atypical year of 2023, which was influenced by the Coastal El Niño. This climatic shift greatly boosted the demand for soft drinks, particularly bo ... Read More
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RTD Coffee in Peru
RTD Coffee in Peru Despite some growth in coffee consumption in 2024, RTD coffee remains relatively insignificant in Peru, particularly when compared to the broader expansion of other soft drinks. This trend contrasts with the pre-pandemic years, when brands such as Starbucks, particularly with its ... Read More
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Bottled Water in Peru
Bottled Water in Peru The ongoing impact of high temperatures in Peru, driven by the Coastal El Niño phenomenon in 2023 and the Global El Niño in 2024, has notably boosted the demand for bottled water, as the need for effective hydration has intensified. This elevated demand has maintained positive ... Read More
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Juice in Peru
Juice in Peru In 2024, juice sales in Peru experienced positive growth, largely influenced by the hot conditions at the beginning of the year, similar to those in 2023, driven by the Global El Niño phenomenon. These conditions heightened consumers' need to stay hydrated, benefiting soft drinks broad ... Read More
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Tea in Peru
Tea in Peru 2024 has proven to be a positive year for tea in Peru, with growth in both volume and value terms. This resurgence is largely attributable to an unexpectedly cold second half of the year, contrasting sharply with 2023 when the Coastal El Niño phenomenon brought higher temperatures, creat ... Read More
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Hot Drinks in Peru
Hot Drinks in Peru Hot drinks in Peru is showing signs of recovery in 2024, rebounding from a challenging 2023. Last year, consumption was notably affected by exceptionally high temperatures linked to the global El Niño phenomenon, which lessened the perceived need for hot drinks. In addition, econo ... Read More
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Other Hot Drinks in Peru
Other Hot Drinks in Peru Following a difficult 2023, when consumption declined due to a marked rise in average temperatures across the country caused by the coastal and global El Niño phenomena, 2024 is showing signs of gradual recovery in other hot drinks in Peru. This improvement is primarily due ... Read More
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Coffee in Peru
Coffee in Peru In 2024, coffee in Peru is experiencing a notable recovery, largely attributed to colder weather conditions, which have spurred a renewed demand for hot beverages. This rebound is further supported by improved economic conditions, which have enabled many consumers to regain some purch ... Read More
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Analysis by Region - Emerging Markets - Peru
Analysis by Region - Emerging Markets - Peru We've kept our GDP growth forecast for Peru in 2025 unchanged at 3% amid resilient domestic demand and flexible financial conditions. However, we expect economic activity will slow in Q4 2024 due to intermittent strikes and protests, which pose downsi ... Read More
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Consumer Types in Peru
Consumer Types in Peru Consumer Types can be a powerful tool to help companies better understand and appeal to their target markets. By going beyond typical demographic-based segmentation, such as age or gender, and grouping consumers based on shared traits and preferences, companies can better deve ... Read More
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Staple Foods in Peru
Staple Foods in Peru Despite lower levels of inflation in 2024, many product areas within staple foods continued to experience value growth that was bolstered by unit prices rather than an expansion of retail volume sales. This outcome was the result of stagnant incomes in Peru, which have not kept ... Read More
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Breakfast Cereals in Peru
Breakfast Cereals in Peru Due to an ongoing uncertain economy, consumers are increasingly seeking lower price points. While retail value sales grew by 3% in 2024, volume was much lower at under 1%. While prices stabilised in 2024, this was insufficient to trigger significant volume growth. Peruvian ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Peru
Processed Meat, Seafood and Alternatives To Meat in Peru In 2024, processed meat, seafood, and alternatives to meat saw retail value sales grow by 5% in current terms, while retail volume growth was positive at 3%. Although the category of processed poultry—shelf-stable, chilled, and frozen—remains ... Read More
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Processed Fruit and Vegetables in Peru
Processed Fruit and Vegetables in Peru Despite ongoing economic challenges and the perception that frozen potatoes are not staple products, this product area showed a slight recovery in 2024. This resurgence can be attributed to frozen potatoes' convenience, particularly appealing to Peruvian consum ... Read More
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Rice, Pasta and Noodles in Peru
Rice, Pasta and Noodles in Peru Despite being a relatively small segment compared to rice and pasta, noodles experienced notable growth in 2024, particularly in their cup presentation. This product area attracts innovation and new entrants to the market, especially in contrast to pouches, where Ajin ... Read More
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Sweet Spreads in Peru
Sweet Spreads in Peru Sweet spreads in Perus is seeing health and wellness trends spread through jams and preserves in 2024. The push towards healthier options, coupled with the mandatory implementation of the labelling law, has prompted manufacturers to create sugar-free products that are free from ... Read More
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Edible Oils in Peru
Edible Oils in Peru Edible oils in Peru is seeing players reduce product prices in 2024, in a bid to combat persistent consumption decline resulting from economic instability. Some companies have shifted their strategy from reducing product sizes while maintaining unit prices, to just lowering price ... Read More
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Sauces, Dips and Condiments in Peru
Sauces, Dips and Condiments in Peru Sauces, dips and condiments remains impacted by Peru’s still-uncertain economic situation in 2024. Local consumers are leaning towards cheaper products and smaller presentations that allow them to spend less on each purchase, often trading down to low-cost brands ... Read More
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Meals and Soups in Peru
Meals and Soups in Peru Within meals and soups in Peru, ready meals is seeing growth in 2024 despite economic stress, even surpassing more traditional segments cush as dry soup. Increasingly fast-paced lifestyles make the convenience of ready meals highly valued. Among ready meals, chilled options a ... Read More
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