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Peru’s food processing industry is a dynamic sector of the national economy. The food industry in Peru accounts for almost 24 percent of the industrial GDP and 2019 sales reached $12.4 billion.

Peru’s food processing industry is a dynamic sector of the national economy.

FAS Lima forecasts Peru’s milk production at 2.3 MMT in CY2021. Milk consumption continues to outgrow production and is expected to reach 2.7 MMT in CY2021.

Peru’s food retail market is adapting to the economic hardships and realities arising from the Covid-19 pandemic.

There is currently a surge in demand for pulses (canary beans, navy beans, lentils, green peas and chickpeas) in Peru.

Coffee production in marketing year (MY) 2020/21 (April/March) is forecast at 4.45 million bags (60- kilograms per bag), decreasing two percent from the previous year estimate of 4.55 million bags.

Sugar cane production in MY2021 is forecast at 11.1 MMT, increasing two percent compared to MY2020 estimate.

For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.

Peru's corn imports are forecast to continue to grow due to demand from the booming poultry industry.

Peru's 10-year moratorium on genetically engineered (GE) crops and zero tolerance for GE events is scheduled to expire in 2021.

This report outlines Peru’s regulatory requirements for food and agricultural product imports.

Peru is becoming South America’s leading importer of pulses in the region.