Peru Healthy Snacks Market Report and Forecast 2024-2032

Peru Healthy Snacks Market Outlook

The Peru healthy snacks market size is expected to grow at a CAGR of 5.90% between 2024 and 2032.

Key Takeaways:

• Recent global nutrition reports reveal that obesity affects around 27% of adult women and 17.3% of adult men in Peru, while approximately 7.9% of men and 8.7% of women suffer from diabetes. Although agriculture contributes about five percent to Peru's GDP, it employs a substantial 28% of the population.

• The U.S.-Peru Trade Promotion Agreement, enacted in February 2009, has significantly boosted bilateral trade in agricultural products, surging from USD 1.46 billion in 2009 to USD 3.93 billion in 2018—an impressive 169% increase. Notably, more than two-thirds of current U.S. agricultural exports to Peru enter duty-free, underscoring the mutually beneficial trade relationship between the two nations.

The Peru healthy snacks market has seen significant growth in recent years, especially since the onset of the global pandemic, as consumers prioritise nutritious yet enjoyable products. This trend is driven by increasing health consciousness and awareness of the risks associated with junk food. Nuts and seeds are leading the product segment due to their protein, fibre, and antioxidant content, appealing to plant-based and vegan diets. The Peru healthy snacks market is benefitting from the rise in on-the-go snacking habits and a growing preference for healthier eating.

Peru's strong economic performance, supported by the U.S.-Peru Trade Promotion Agreement, has contributed to increased bilateral trade, including agricultural products. The country's agriculture sector plays a significant role in its economy and employs a large portion of the population.

The demand for healthy snacks is also fuelled by the trend of consuming smaller, more frequent meals throughout the day, reflecting consumers' desire for convenience and energy boosts. Customised healthy snacks tailored to specific dietary preferences, such as cholesterol-free or keto-friendly options, are gaining popularity as personalised nutrition becomes more prevalent.

Overall, the healthy snacks market is experiencing growth driven by consumer health awareness, economic factors, and evolving dietary preferences. The emphasis on convenience and personalisation in snack choices underscores the Peru healthy snacks market development trajectory towards healthier and more tailored food options.

Market Segmentation

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

Market Breakup by Type

• Cereals and Granola Bars

• Nuts, Seeds, and Trail Mixes

• Meat Snacks

• Dried Fruit Snacks

• Others

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Specialty Stores

• Convenience Stores

• Online

• Others

Competitive Landscape

In order to create healthier snack options that satisfy consumer tastes, companies are investing in R&D activities to explore new ingredients, technologies, and manufacturing processes.

• Nestle S.A.

• PepsiCo Inc. (Karinto)

• Mercado Uno S.A.C.

• Natusnacks S.A.C (Mamalama)

• Rasil Corp.

• Healthy Superfoods S.A.C. (Terra Delicius)

• Tiyapuy Foods

• Natur Foods Export EIRL

• Others

Key Highlights of the Report