Press release
Food & grocery Retailing in Peru Market Shares Summary and Forecasts to 2022
Food & grocery Retailing in Peru
Summary
"Food & grocery Retailing in Peru, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Peru retail environment. In addition, it analyzes the key consumer trends influencing Peru food & grocery industry.
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Food & grocery is the largest sector in the Peruvian retail industry with the highest share of 59.7% of total retail sales in 2017. This growth is attributed to rising disposable income and growing household expenditure.
What else does this report offer-
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in food & grocery category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in food & grocery sector
- Qualitative and quantitative insights of changing retail dynamics in food and grocery sector.
Scope
- Peru retail market is forecasted to grow at a CAGR of 7.0% during 2017-2022
- Rising wages and recovering economy set to boost growth during 2017-2022
- Specialists is the largest retail channel but share is projected to decline in the future
- Online sales are producing the fastest growth due to rising internet penetration
- Tottus is the market leader, supported by an expanding store count in Peru
- Expanding footprint and value price positioning aided Mass' sales growth in 2017.
Reasons to buy
- Gain a comprehensive knowledge on food and grocery sector in the Peru retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the food and grocery market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international and domestic players operating in Peru retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
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