Peru

In 2024, snacks in Peru is facing challenges in the form of rising input prices and a decline in domestic consumption. Despite such setbacks, production and exports continue to grow, highlighting a shift in market dynamics. The increase in input…

In 2024, sugar confectionery in Peru is seeing boiled sweets losing ground among local consumers as lollipops gains traction. This trend can be attributed to several factors, including a lack of innovation in boiled sweets compared to lollipops. The…

Sweet biscuits, snack bars and fruit snacks in Peru in 2024 is inhabiting a challenge landscape marked by rising input prices and a decline in domestic consumption. This double impact has led to sluggish growth in retail volume sales. Despite a…

In 2023, Peru’s economy contracted by 0.6%, amid the disruptions related to anti-government protests and the impact of the El Niño weather phenomenon. Over the year, however, exports showed relative resilience. The economy is projected to recover in…

In 2023, Peru ranked 11th among Latin American nations in terms of average gross income, with social unrest and the El Niño weather phenomenon impacting economic and, consequently, incomes growth over 2023. Projections for 2023-2028 suggest an 8.5%…