New Report Available: Peru Business Forecast Report Q1 2015

From: Fast Market Research, Inc.
Published: Wed Dec 31 2014

We maintain a positive longer-term view of Peru's food and drink sector, which will see strong expansion rates and present a number of interesting investment opportunities over the forecast period. Growth will be driven by a strong consumer outlook, supported by improving labour market situation and favourable crediting conditions. More generally, Peru's food and drink sector will continue to benefit from country's largely youthful population and ongoing formalisation of the mass grocery retail (MGR) segment .

Headline Industry Data (local currency)

* Food consumption growth year-on-year (y-o-y) in 2014: +9.5%; compound annual growth rate (CAGR) 2013-2018: +9.4%;
* Per capita food consumption growth (y-o-y) in 2014: +8.1%; CAGR 2013-2018: +8.1%;
* Soft drinks value sales growth (y-o-y) in 2014: +6.7%; CAGR 2013-2018: +7.0%;
* Alcoholic drinks value sales growth (y-o-y) in 2014: +5.9%; CAGR 2013-2018: +6.2%;
* Total mass grocery retail (MGR) value sales growth (y-o-y) in 2014: +9.6%; CAGR 2013-2018: +9.5%.

Full Report Details at

Key Industry Trends And Developments

Coc oa Production To Grow 5% In 2014: Cocoa production in Peru is expected to increase 5% in 2014 on the back of expansion of area planted, according to the US Department of Agriculture. This could place the country among the top 10 exporters in the coming years. Peru is predicted to produce 70,000 metric tonnes of cocoa in 2014, with high prices on the international market making it a lucrative crop for farmers. The domestic government is also pushing to establish cocoa as an alternative crop to coca. Exports of cocoa bean for 2014 are also expected to increase by 18% to reach 37,000 metric tonnes, with the Netherlands, Germany and Belgium among the biggest importers.

Peruvian Produce Provides Potential For Growth: Peruvian fresh produce exports are estimated to record huge growth in volumes and sales in the coming years, as demand increases for the country's vast range of fruit and...

The Peru Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Peru Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Peru.

Key Benefits

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