Cat food is expected to show strong growth in total volume and current value sales throughout the forecast period. It will continue to benefit as busier lifestyles and shrinking home sizes make more Peruvians inclined to choose cats over dogs.
Rinti SA and Nestlé are expected to remain the clear leaders in cat food over the forecast period. Both will face a growing challenge from imported brands offering more innovative or sophisticated products, and from cheaper varieties produced by smaller domestic companies, including private label lines.
Along with further improvements in economic conditions in Peru, the growing tendency of people to see pets as family members and spend more on their care should continue to encourage trading up to higher-end cat food products offering superior quality ingredients and added-value functional properties over the forecast period. In particular, consumers are expected to show growing interest in premium and super-premium brands that can reduce the risk of common feline diseases or actively relieve symptoms in animals with existing health problems.
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Understand the latest market trends and future growth opportunities for the Cat Food 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.
If you're in the Cat Food 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.
Cat Food
This report originates from Passport, our Cat Food research and analysis database.
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