PROSPECTS AND OPPORTUNITIES
Positive outlook for savoury snacks, driven by investment, expansion, and economic recovery
Sales of savoury snacks in Peru are expected to continue rising in value terms over the forecast period. Growth will be fuelled by the sustained dynamism of the category’s leading players, who are expected to maintain a strong focus on operational efficiency and capacity expansion.
Innovations are expected to focus on variety, texture and flavour
Innovation will continue to play a crucial role over the forecast period, with consumers seeking novel and differentiated products. Demand for variety and new experiences has made product innovation, particularly in terms of flavour and packaging, a key strategy for market players aiming to attract and retain consumers.
Strong marketing strategies will aim to reinforce brand engagement and drive growth
Over the forecast period, players in Peru's savoury snacks will invest heavily in advertising and communication strategies, aiming to promote their products and introduce innovations, while strengthening connections with consumers. Social media has become a central channel in this approach, enabling brands to engage directly with their target audiences.
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Overview:
Understand the latest market trends and future growth opportunities for the Savoury Snacks 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 Savoury Snacks 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 Savoury Snacks 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 Savoury Snacks in Peru?
- Which are the leading brands in Savoury Snacks in Peru?
- How are products distributed in Savoury Snacks 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 Savoury Snacks?
- 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?
Savoury Snacks in Peru - Category analysis
KEY DATA FINDINGS
Improved economics leads consumers to invest in higher-quality, higher-priced savoury snacks
Mondelez Peru SA continues to lead while Snacks America Latina SRL records strong growth
Small local grocers lead sales, while forecourt retailers gain ground in Peru
Positive outlook for savoury snacks, driven by investment, expansion, and economic recovery
Innovations are expected to focus on variety, texture and flavour
Strong marketing strategies will aim to reinforce brand engagement and drive growth
Snacks in Peru - Industry Overview
Snacks in 2025: The big picture
Key trends in 2025
Competitive Landscape
Channel developments
What next for snacks?
DISCLAIMER
The following categories and subcategories are included:
Savoury Snacks
- Nuts, Seeds and Trail Mixes
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- Potato Chips
- Tortilla Chips
- Puffed Snacks
- Rice Snacks
- Vegetable, Pulse and Bread Chips
- Savoury Biscuits
- Popcorn
- Pretzels
- Meat Snacks
- Seafood Snacks
- Other Savoury Snacks
Savoury Snacks
This is the aggregation of chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other categories of savoury snacks.
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 Savoury Snacks research and analysis database.
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