While growth potential will be tempered by maturity and the preference for smaller breeds, dog food is expected to see total volume and current value sales increase at robust rates throughout the forecast period. Along with further anticipated improvements in the economic situation in Peru, overall demand will continue to be buoyed by the steady expansion of the country’s dog population and the pet humanisation trend.
Dog treats and mixers is projected to be the most dynamic performer in volume and current value growth terms over the forecast period. Although this is partly because sales are emerging from a relatively low base, it will continue to be a major beneficiary of pet humanisation, which makes owners inclined to spoil dogs and spend more on their health and general wellbeing.
In line with pet humanisation, over the forecast period dog food in Peru is expected to witness growing interest in healthier options that are made with more nutritious natural ingredients and low in or free from artificial colours, flavours, preservatives etc. Wet dog food products with these characteristics are predicted to perform particularly well.
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Understand the latest market trends and future growth opportunities for the Dog Food 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.
If you're in the Dog Food 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.
Dog Food
This report originates from Passport, our Dog Food research and analysis database.
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