Peru Individual Quick Frozen Cheese Market Size & Outlook

The individual quick frozen cheese market in Peru is expected to reach a projected revenue of US$ 10.2 million by 2030. A compound annual growth rate of 4.6% is expected of Peru individual quick frozen cheese market from 2022 to 2030.
Revenue, 2021 (US$M)
$6.8
Forecast, 2030 (US$M)
$10.2
CAGR, 2022 - 2030
4.6%
Report Coverage
Peru

Peru individual quick frozen cheese market highlights

  • The Peru individual quick frozen cheese market generated a revenue of USD 6.8 million in 2021 and is expected to reach USD 10.2 million by 2030.
  • The Peru market is expected to grow at a CAGR of 4.6% from 2022 to 2030.
  • In terms of segment, mozzarella was the largest revenue generating product in 2021.
  • Mozzarella is the most lucrative product segment registering the fastest growth during the forecast period.


Individual quick frozen cheese market data book summary

Market revenue in 2021USD 6.8 million
Market revenue in 2030USD 10.2 million
Growth rate4.6% (CAGR from 2021 to 2030)
Largest segmentMozzarella
Fastest growing segmentMozzarella
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMozzarella, Cheddar, Parmesan
Key market players worldwideProcter & Gamble Co, Granarolo, Fonterra Co-operative Group, Leprino Foods, Ornua Ingredients North America, Casa RADICCI


Other key industry trends

  • In terms of revenue, Peru accounted for 0.2% of the global individual quick frozen cheese market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil individual quick frozen cheese market is projected to lead the regional market in terms of revenue in 2030.
  • Chile is the fastest growing regional market in Latin America and is projected to reach USD 39.4 million by 2030.

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Individual Quick Frozen Cheese Market Companies

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Peru individual quick frozen cheese market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to individual quick frozen cheese market will help companies and investors design strategic landscapes.


Mozzarella was the largest segment with a revenue share of 70.59% in 2021. Horizon Databook has segmented the Peru individual quick frozen cheese market based on mozzarella, cheddar, parmesan covering the revenue growth of each sub-segment from 2018 to 2030.


Economic stability in Peru over the past decade has enabled consumers to spend more on eating out at malls and restaurants. This has driven the demand for fast food, among various other food options, opening up new avenues for the IQF cheese market.

According to a report published on Bloomberg, the rising consumption of fast food in Peru can be attributed to increased wages and ongoing urbanization.

Peru has the highest concentration of several American restaurant franchises such as KFC, Starbucks, Pinkberry, Burger King, and McDonald’s and these U.S.

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Target buyers of Peru individual quick frozen cheese market databook

  • Our clientele includes a mix of individual quick frozen cheese market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Peru individual quick frozen cheese market , including forecasts for subscribers. This country databook contains high-level insights into Peru individual quick frozen cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Peru individual quick frozen cheese market size, by product, 2018-2030 (US$M)

Peru Individual Quick Frozen Cheese Market Outlook Share, 2021 & 2030 (US$M)

Peru individual quick frozen cheese market size, by product, 2018-2030 (US$M)

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