Peru Coffee Market Report and Forecast 2024-2032

Peru Coffee Market Outlook

The Peru coffee market size is projected to grow at a CAGR of 5.5% between 2024 and 2032. The market is being driven by the rising export of Peruvian coffee to countries like Belgium and the United States.

Key Takeaways

• Online distribution channels are expected to constitute a major portion of the Peru coffee market share.

• Peru is one of the world’s leading producers of sustainable and high-quality arabica coffee.

• Peru has emerged as the second largest exporter of coffee beans after Mexico.

Low disposable incomes among coffee growers in Peru have led to the emergence of numerous cooperative societies that practice organic farming and protect crops from chicken eye disease. This is expected to nurture and promote coffee cultivation in Peru, which has 90,000+ hectares of certified organic land for crop production.

Sustainability is one of the key Peru coffee market trends, hence farmers in the country are increasingly adopting practices that can minimise waste, promote regenerative agriculture, improve soil health, and provide resilience to climate change. The increasing volume of exports of coffee to countries like the United States and Belgium is also favouring the market expansion.

The growing demand for plant-based coffee (such as oat milk latte and mushroom coffee) in urban areas is expected to boost the Peru coffee market growth. Moreover, the increasing demand for single-origin coffee that provides unique flavours and drinking experiences is expected to propel the market growth in upcoming years.

The emergence of coffee subscription boxes in major Peruvian cities is enabling people to enjoy a wide variety of brews at convenient times within their homes. Moreover, the integration of smart technology into coffee machines is also enhancing the appeal of drinking coffee among consumers. Modern machines have programmable settings and voice-activated features that simplify the coffee brewing experience. This is expected to drive the Peru coffee market growth in the coming years.

Market Segmentation

Peru Coffee Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments

Market Breakup by Product Type

• Whole-Bean

• Ground Coffee

• Instant Coffee

• Coffee Pods and Capsules

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Speciality Stores

• Online

• Others

The key Peru coffee market players are Nestle SA, Starbucks Corp., Olam International Limited, Westrock Coffee Company, Cargill, Incorporated, COMERCIO AMAZONÍA, Cooperativa Agroindustrial Villa Rica Golden Coffee LTDA, Neumann Gruppe GmbH, and Albugat SAC, among others.

Key Highlights of the Report