Peru Dairy Products Market Analysis (2013 - 2023)

This data guide on Dairy Products provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Dairy Products, such as Milk, Drinkable Yogurt, Butter, Yogurt, Cream, and Dairy Desserts, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Dairy Products market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

In 2018, the Peru Dairy Products market was valued at 6568 PEN Mn, registering a CAGR of 6.65%. The Milk category accounted for the largest market share, while registering an average CAGR of 5.94% since 2010. Cheesecakes is the most preferred segment in the Dairy Desserts category, followed by the Flans (Puddings/Desserts) segment. The Cream category has been registering a steady growth of 6.21% in CAGR since 2010, which is expected to continue over the forecast period. Among the distribution channels, the Convenience Stores channel is preferred the most by majority of the people in Peru.

Some of the Key Takeaways

Mousses constitute the leading segment in Dairy Desserts category which has a per capita consumption of 0.02547 Kg in 2018.
Flavored & Fruit Yogurt was the fastest growing segment in the last five years, with a CAGR of 9.19%.
The Flavored & Fruit Yogurt segment is expected to dominate the Yogurt category sales during the forecast period.