2014-02-10 02:54:02 - Peru Food and Drink Report 2014 - a new market research report on companiesandmarkets.com
We expect headline growth in Peru to remain slightly lower than the previous five-year period. The slowdown in the Chinese economy will hinder the expansion of the country´s mining sector, which accounts for around 10% of the Peruvian GDP. A weakening currency and ticking up inflation will weigh on consumer spending over the short term, affecting all consumer sectors, including food and drink.
Nevertheless, we maintain a positive longer-term view of Peru´s food and drink sector, which will see strong expansion rates and present a number of interesting investment opportunities over the forecast period.
Headline Industry Data
- Per capita food consumption value (local currency) growth (y-o-y) in 2013: +8.77%; compound annual growth rate (CAGR) to 2017: +8.20%;
- Alcoholic drinks value sales (local
currency) growth (y-o-y) in 2013: +6.19%; CAGR to 2017 = +6.13%;
- Soft drinks value (local currency) sales growth (y-o-y): +7.02%; CAGR to 2017: +6.92%;
- Mass grocery retail value (local currency) sales growth (y-o-y): +10.30%; CAGR to 2017: +9.72%.
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