Peru: Retail Foods
Peru’s food retail sector sales will rebound in the medium-term, benefiting from government stimulus measures seeking to boost consumer spending. Convenience stores are becoming the retail format of choice for retailers aiming to reach 1,000 outlets in three years. FAS Lima foresees opportunities for ready to eat and/or cook products. FAS Lima forecasts total retail food sales to reach $22.2 billion in 2017. Of that total, some $3.7 billion, or about 18 percent, will be in supermarket sales.
