While ready meals remains a relatively niche category, it is expected to see a growth trend in the coming years. With an increasingly fast-paced lifestyle in the main cities, as well as the greater difficulty or cost of employing domestic service, many consumers have very little time for cooking.
Peruvians have been interested in their health and wellbeing for some time and this trend has only grown following the experiences of the pandemic. The COVID-19 crisis left Peruvians more sensitive to health issues such as obesity and high cholesterol, amongst others, as these were considered to increase the risk of poor outcomes following infection with the SARS-CoV-2 virus and were seen as associated causes for a high portion of deaths.
As mentioned before, Peru is a country with a strong and well-established gastronomic tradition, which presents a notable barrier to the development of the meals and soups category. Therefore, it is key for manufacturers to invest in innovation in order to attract new consumers to meals and soups and ensure sustained growth.
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Understand the latest market trends and future growth opportunities for the Meals and Soups 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 Meals and Soups 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.
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
See All of Our DefinitionsThis report originates from Passport, our Meals and Soups research and analysis database.
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