Consumption is expected to remain polarised within sauces, dips and condiments throughout the forecast period. While many consumers will continue to favour lower-priced products, niche segments will continue to grow as some Peruvians are willing to invest in quality and indulgence.
La Bodeguita targets small local grocers, thus allowing the player, mainly focused on beverages, to offer these stores a wider product portfolio that started with staples like rice, sugar and oil, among other basic products. In 2024 La Bodeguita entered table sauces mayonnaise and chili sauces developed together with well-known chef Ignacio Barrios to ensure an appealing taste as part of the value proposal.
Consumers are seeking greater variety, less traditional and more adventurous flavours, spurring growth in the popularity of variants promising these features. The trend is driven not only by the flavours themselves but also by the convenience of ready-to-use sauces that require no additional ingredients to create a complex taste.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.
See All of Our DefinitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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