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Peru´s food retail sector grew 2.7 percent in 2022. Growth was driven by better performance of the modern channel, especially in the development of new store formats and an aggressive discounting campaign to encourage sales.
Peru maintains implementation of its 10-year moratorium on genetically engineered (GE) crops and a zero tolerance for GE events.
Grape production in Peru bounces back from an El Niño that damaged the crop in early 2017.
Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.