Economic improvements and rising local production boost sales
Retail value sales of cooking ingredients and meals in Peru rose in 2025, reversing the negative performance observed the previous year. Growth was driven largely by an improvement in the Peruvian economy, underpinned by GDP expansion and inflation remaining within the target range established by the Central Reserve Bank of Peru. In particular, average prices within the industry – notably for edible oils and sweet spreads – stabilised, restoring purchasing confidence among consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals 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 Cooking Ingredients and Meals 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 Cooking Ingredients and Meals 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 Cooking Ingredients and Meals in Peru?
- Which are the leading brands in Cooking Ingredients and Meals in Peru?
- How are products distributed in Cooking Ingredients and Meals 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 Cooking Ingredients and Meals?
- 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?
Cooking Ingredients and Meals in Peru
Economic improvements and rising local production boost sales
KEY DATA FINDINGS
Health awareness shapes gradual product reformulation and preference shifts
Private label brands extend reach through quality and affordability
Flavour innovation aligned with Peruvian culinary heritage
Small pack formats enhance accessibility in traditional retail
Continued expansion driven by economic stability and active marketing
Wider distribution across both traditional and modern channels
Innovation focused on health, quality, and local taste preferences
Macroeconomic stability to sustain purchasing confidence
Premium imports to diversify offerings for affluent consumers
Small packaging to reinforce household penetration
Alicorp SAA consolidates its dominant leadership across multiple categories
KL Import Export Peru SAC expands national footprint through Soya brand
ADM Sao Peru SA strengthens presence in vegetable oils
Small local grocers maintain leadership through proximity and trust
Hypermarkets emerge as the most dynamic channel
E-commerce continues gradual expansion
Country Reports Disclaimer
Edible Oils in Peru
Key Data Findings
Recovery supported by improved local and import supply
Stable inflation and economic recovery drive consumption rebound
Olive oil recovery leads category value growth
Sustained growth expected through economic stability and marketing dynamism
Healthier oils and functional benefits to shape demand
Intensifying competition and new market entrants
New national standard to enhance olive oil quality and export potential
Alicorp SAA consolidates leadership through brand strength and nationwide reach
KL Import Export Peru SAC gains momentum with Soya brand
Traditional retailers remain dominant but modern formats gain ground
Hypermarkets lead modern retail growth through wider assortment and promotions
Meals and Soups in Peru
Key Data Findings
Widening range in retailers supports growth
Growth continues from a small base as home cooking habits persist
Greater visibility and innovation lift awareness and acceptance
Chilled and frozen lines gain traction on taste, convenience and perceived freshness
Measured expansion expected as brands court habitual cooks
Frozen pizza primed to benefit from convenience retail and modern grocery breadth
Winning propositions will balance flavour, value and real-life practicality
RAM Industries SAC leads with Peru-inspired ready meals and strong retail reach
Redondos SA is the most dynamic player with protein-led innovation
Traditional stores remain an important access point, especially for ambient lines
Modern grocery gains momentum on assortment depth and cold-chain capability
Sauces, Dips and Condiments in Peru
Key Data Findings
Strong marketing and steady prices support demand
Economic stability and marketing intensity drive robust expansion
Chilli sauces surge on flavour diversity and cultural resonance
Continued strong trajectory anchored in innovation and wider reach
Asian sauces and fusion flavours expected to gain share
Flavour innovation rooted in local taste preferences
Smaller packaging extends reach and affordability
Alicorp SAA consolidates dominant leadership through brand strength
Alicorp SAA maintains momentum through marketing and pack innovation
Traditional stores retain dominance through convenience and trust
Hypermarkets and supermarkets drive modern trade expansion
Sweet Spreads in Peru
Key Data Findings
Health concerns deter many from buying
Moderate expansion constrained by sugar awareness
Jams and preserves retain leadership supported by strong distribution
Gradual recovery expected as players diversify with natural and low-sugar options
Honey poised for strongest expansion as a natural, health-positioned product
Private label gains ground through quality, affordability and assortment
Molitalia SA maintains clear leadership through brand heritage and broad coverage
Gloria SA demonstrates strong dynamism through logistics reach and distribution power
Traditional trade remains dominant due to convenience and community links
Modern grocery strengthens presence through wider ranges and promotions
Country Reports Disclaimer
The following categories and subcategories are included:
Cooking Ingredients and Meals
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- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
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- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
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- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
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- Chilled Pizza
- Frozen Pizza
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- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
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- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
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- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
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- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
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- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
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- Honey
- Chocolate Spreads
- Jams and Preserves
- Nut and Seed Based Spreads
Why buy this report?
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- Track key industry trends, opportunities and threats
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This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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