The Peruvian Prepared Meals sector has a very small value share globally; however, it is the third largest after Brazil and Colombia in the Latin America region. Increasing urbanization levels and the consequent busy lifestyles are contributing towards growing demand of convenient Prepared Meal products in the country. Ready Meals is the largest market in both value and volume terms in the Peruvian Prepared Meals sector, and is expected to register the fastest growth during 2016-2021 in value terms. Hypermarkets & Supermarkets is the leading distribution for Prepared Meals in the country, while Rigid Plastics remains the most commonly used packaging material in the sector. Pastificio, Patricia Pelvisani, La Selecta, and Molinos Del Mundo S.A.C. are the leading market players in the Peruvian Prepared Meals sector.
GlobalData’s Country Profile report on the Prepared Meals sector in Peru provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2016-2021
Category coverage: Value and growth analysis for Meal Kits, Pizza and Ready Meals with inputs on individual segment share within each category and the change in their market share forecast for 2016-2021
Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
Distribution data: Value shares within each category through channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and more
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics and rigid metal; container data for: Bag/Sachet, film, trays, tubs, and others.
The Peruvian Prepared Meals sector is expected to grow at a CAGR of 3.8% during 2016-2021. Although the Peruvian Prepared Meals sector is growing at a moderate rate, per capita consumption in the country remains low when compared to the global and Latin America level, in 2016.
Of the three markets, Ready meals is the largest in Peruvian Prepared Meals sector, registering a CAGR of 3.1% during 2011-2016
Hypermarkets & Supermarkets is the leading distribution channel for the Peruvian Prepared Meals sector, accounting for a total value share of 42.2% in 2016.
Rigid Plastics is the most commonly used packaging material in the Peruvian Prepared Meals sector
Reasons to buy
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
Manufacturers can identify the opportunities to position products with H&W attributes/benefits
Access the key and most influential consumer trends driving Prepared Meals products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.