Peru: Retail Foods
Link to report:
Peru’s food retail market is adapting to the economic hardships and realities arising from the Covid-19 pandemic. FAS Lima foresees a long-term recuperation since this sector is not yet mature and has room to keep growing. The market currently holds over 640 convenience stores and 279 conventional supermarkets. The sector’s expansion strategy targets Lima’s lower to middle income districts. Ecommerce is expected growth but still has logistics issues to overcome.
