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  • Yoghurt and Sour Milk Products in Peru Context

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    Joel Aldo Salazar Milla
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    The document provides an overview of the yoghurt and sour milk products market in Peru from 2022 to 2027. Some key points: - Peru's market size for yoghurt and sour milk products was $397 million in 2022, with forecast growth of 8.5% annually to 2027. - The number of households with a disposable income over $25,000 in Peru and Lima has been growing at rates of 2.8% and 3.3% respectively in recent years. - Internet and mobile internet subscription levels have also increased substantially in Peru in recent years, though growth is expected to moderate.

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    Yoghurt_and_Sour_Milk_Products_in_Peru_Context

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    The document provides an overview of the yoghurt and sour milk products market in Peru from 2022 to 2027. Some key points: - Peru's market size for yoghurt and sour milk products was $397 million in 2022, with forecast growth of 8.5% annually to 2027. - The number of households with a disposable income over $25,000 in Peru and Lima has been growing at rates of 2.8% and 3.3% respectively in recent years. - Internet and mobile internet subscription levels have also increased substantially in Peru in recent years, though growth is expected to moderate.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    17 views2 pages

    Yoghurt and Sour Milk Products in Peru Context

    Uploaded by

    Joel Aldo Salazar Milla
    The document provides an overview of the yoghurt and sour milk products market in Peru from 2022 to 2027. Some key points: - Peru's market size for yoghurt and sour milk products was $397 million in 2022, with forecast growth of 8.5% annually to 2027. - The number of households with a disposable income over $25,000 in Peru and Lima has been growing at rates of 2.8% and 3.3% respectively in recent years. - Internet and mobile internet subscription levels have also increased substantially in Peru in recent years, though growth is expected to moderate.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    YOGHURT AND SOUR MILK PRODUCTS IN PERU - CONTEXT

    Country Report | Sep 2022

    International Context

    Yoghurt and Sour Milk Products Retail Sales by Region Yoghurt and Sour Milk Products in Peru
    Retail Value RSP - USD million - Constant - 2022 Retail Value RSP - USD million - Constant - 2008-2027

    100.281
    World
    5000

    Asia Pacific 40.542 4000


    Australasia 1810

    Eastern Europe 6759 3000

    Latin America 8350

    Middle East and Africa 10.107 2000

    North America 12.104


    1000
    Western Europe 20.607

    0
    2008 2022 2027

    Yoghurt and Sour Milk Products in Other Markets in Latin America


    Peru

    Market Size - USD million - 2022 Per Capita - USD - 2022 Forecast Growth - CAGR% - 2022-2027
    397 11,8 8,5%
    46th percentile 24th percentile 73rd percentile

    FMCG Index

    Yoghurt and Sour Milk Products vs Selected FMCG Industries


    200
    Category
    Yoghurt and Sour Milk Products
    180
    Industry
    160 Dairy Products and Alternatives
    2015 = 100

    140 Selected Basket of Industries


    Soft Drinks
    120 Home Care

    100 Beauty and Personal Care

    Snacks
    80
    2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

    © Euromonitor Interna onal 2023 Page 1 of 2


    Socioeconomic Context

    Population Growth Index Peru vs Other Geographies


    Population Growth Index 2006-2040 Rank out of 210

    140 Actuals
    2022, '000
    33.659,2
    Rank 46
    130

    Historic Growth
    2006 = 100

    120 2006-2022 CAGR


    1,1%
    Rank 114

    110
    Forecast Growth
    2022-2040 CAGR
    0,5%
    100
    2006 2022 2040 Rank 116

    Peru Latin America World

    Households with a Disposable Income Over Households with a Disposable Income Over Number of Internet Subscribers Number of Mobile Internet Subscribers
    USD25,000 - Peru USD25,000 - Lima

    Actuals - '000 - 2022 Actuals - '000 - 2022 Actuals - '000 - 2022 Actuals - '000 - 2022
    1832,5 648,3 32.060,6 28.102,7
    59th percentile 90th percentile 79th percentile 81s t percentile

    Historic Growth Historic Growth Historic Growth Historic Growth


    2017-2022 CAGR 2017-2022 CAGR 2017-2022 CAGR 2017-2022 CAGR
    2,8% 3,3% 5,4% 6,4%
    53rd percentile 69th percentile 35th percentile 57th percentile

    Forecast Growth Forecast Growth Forecast Growth Forecast Growth


    2022-2027 CAGR 2022-2027 CAGR 2022-2027 CAGR 2022-2027 CAGR
    4,6% 4,4% 3,9% 3,2%
    69th percentile 74th percentile 43rd percentile 39th percentile

    © Euromonitor Interna onal 2023 Page 2 of 2

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