PROSPECTS AND OPPORTUNITIES
Plant-based dairy will enjoy growth over the forecast period as the local economy improves
Sales of plant-based dairy are anticipated to increase in both current value and volume share over the forecast period. This expansion will be driven by the ongoing dynamism of key category players, who are expected to launch or import new products in this category.
Innovation and diversification of Laive Vio brand will help raise profile of plant-based dairy in Peru
Category leader Laive SA’s efforts in plant-based dairy are instrumental in attracting attention. This is particularly significant, as active promotion of a prominent brand encourages consumers to sample these products and develop regular purchasing habits.
New product development and imported brands will boost interest in the category in the years ahead
As the category remains relatively underdeveloped in Peru, the emergence of new brands and products is expected to boost interest in plant-based dairy over the forecast period. This will likely result in some brands advancing and others withdrawing, as they strive to win over consumers who are, for the most part, as yet unfamiliar with these products and their advantages.
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Overview:
Understand the latest market trends and future growth opportunities for the Plant-based Dairy 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 Plant-based Dairy 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 Plant-based Dairy 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 Plant-based Dairy in Peru?
- Which are the leading brands in Plant-based Dairy in Peru?
- How are products distributed in Plant-based Dairy 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 Plant-based Dairy?
- 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?
Plant-Based Dairy in Peru - Category analysis
KEY DATA FINDINGS
Plant-based dairy sees moderate growth in 2025 due to increased consumption and price rises
Laive SA leads thanks to significant history in dairy, strength of Laive brand and dynamic management
Supermarkets continue to lead due to wide assortment and promotions, while hypermarkets sees dynamism
Plant-based dairy will enjoy growth over the forecast period as the local economy improves
Innovation and diversification of Laive Vio brand will help raise profile of plant-based dairy in Peru
New product development and imported brands will boost interest in the category in the years ahead
Dairy Products and Alternatives in Peru - Industry Overview
Dairy products and alternatives in 2025: The big picture
Key trends in 2025
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
DISCLAIMER
The following categories and subcategories are included:
Plant-based Dairy
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- Soy Drinks
- Other Plant-based Milk
- Plant-based Yoghurt
- Plant-based Cheese
Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
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 Plant-based Dairy research and analysis database.
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