Peru Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Morning Goods, Bread, Breakfast Cereals, Crackers & Savory Biscuits, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Peru Baked Food & Cereals market registered a growth of 3.79% to reach 14607 PEN Mn in 2018. Pastries & Sweet Pies constitute the leading segment in Cakes, Pastries & Sweet Pies category, which recorded a per capita consumption of 0.2112 Kg in 2018. On the other hand, Hot Cereals is the fastest growing segment in the Breakfast Cereals category. The bread category is expected to reach 14409.912800399998 by 2023, witnessing a healthy CAGR of 4.48%. Among distribution channels, Specialist Retailers is the preferred destination among the populace.

Some of the Key Takeaways

Frozen Bread constitutes the leading segment in the Bread category which has a per capita consumption of 0.4201 Kg in 2018.
Supermarkets and Hypermarkets is the second largest distribution channel for the sales of Baked Food & Cereals in Peru.
The volume sale of Breakfast Cereals category observed a flat sale, despite the robust value growth.