Key Market Indicators
Peruvian sweetener sales are projected to reach approximately 782,000 metric tons by 2028, up from around 754,000 metric tons in 2023. This growth represents an average annual increase of 0.6%. This trend has been consistent since 2019, with the market experiencing a yearly rise of 0.6%. In contrast, Peruvian sweetener production is expected to decline slightly. By 2028, production is forecasted to reach about 1.22 million metric tons, down from roughly 1.23 million metric tons in 2023, marking an annual decrease of 0.1%. Since 2019, production has fallen by 0.6% each year. As of 2023, Peru ranks 28th globally in sweetener production, with Myanmar slightly ahead at approximately 1.23 million metric tons. Leading the global rankings in sweetener production are Brazil, the United States, and Thailand, occupying the second, third, and fourth spots, respectively.
