Key Market Indicators
Peruvian pet food imports are projected to hit approximately 36 million kilograms by 2028, up from around 30 million kilograms in 2023. This marks an average annual growth rate of 2.6%. Since 1997, the demand for pet food in Peru has increased by an average of 3.7% each year. In contrast, Peruvian pet food exports are expected to decline. By 2028, exports are anticipated to fall to roughly 1.9 million kilograms, down from about 2.2 million kilograms in 2023. This represents an average annual decrease of 2.3%. Since 1997, the supply of pet food from Peru has decreased by an average of 1.6% per year. In 2023, Peru ranked 46th in the world for pet food exports, with Croatia surpassing it at approximately 2.2 million kilograms. Leading the global ranks were France, the United States, and Poland, occupying the second, third, and fourth positions, respectively.
