PROSPECTS AND OPPORTUNITIES
Growth is set to be driven by weather conditions and the improved economy
Sales of chocolate confectionery are expected to rise in value terms over the overall forecast period. This growth is expected to be driven by more consistent periods of cold weather, such as those seen in 2025, favouring increased chocolate consumption.
Innovation in chocolate confectionery is set to focus on no added sugar products
As chocolate confectionery is largely driven by impulse purchases, leading market players will remain highly active in introducing constant innovations. These efforts will focus on new formats, flavour combinations, and modernised packaging to attract consumer interest.
The Peruvian state will continue to support and develop chocolate confectionery
Peru, a major cocoa-producing country, continues to receive strong government support aimed at adding value to its cocoa sector through the development and promotion of high-quality chocolate. A growing number of small chocolate producers are emerging across the country, creating increasingly refined products and gaining recognition at both national and international fairs.
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Overview:
Understand the latest market trends and future growth opportunities for the Chocolate Confectionery 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery 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.
The Chocolate Confectionery in Peru report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Chocolate Confectionery in Peru?
- Which are the leading brands in Chocolate Confectionery in Peru?
- How are products distributed in Chocolate Confectionery in Peru?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Chocolate Confectionery?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Peru?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Chocolate Confectionery in Peru - Category analysis
KEY DATA FINDINGS
Cold weather, the improved economy and high dynamism drives growth in 2025
Nestlé Peru SA continues to lead, while Fábrica de Chocolates La Ibérica SA shows greater dynamism
Small local grocers lead sales, driven by proximity and a wide range of goods
Growth is set to be driven by weather conditions and the improved economy
Innovation in chocolate confectionery is set to focus on no added sugar products
The Peruvian state will continue to support and develop chocolate confectionery
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DISCLAIMER
The following categories and subcategories are included:
Chocolate Confectionery
- Chocolate Pouches and Bags
- Boxed Assortments
- Chocolate with Toys
- Countlines
- Seasonal Chocolate
- Tablets
- Other Chocolate Confectionery
Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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