The market size value per capita for mixed odoriferous substances in Peru exhibited fluctuations from 2013 to 2023. Starting at $7.33 in 2013, it decreased to $5.87 by 2015. It then showed a recovery, hitting $7.49 in 2019 but dropped to $6.04 during the COVID-19 pandemic year of 2020. By 2023, it reached $7.39. Year-on-year analysis from 2021 to 2023 shows a stable increase. The compound annual growth rate over the last five years indicates moderate growth.
Future trends to watch:
- Potential growth driven by increased demand for food and beverage flavors.
- Impact of economic performance and consumer spending power.
- Influence of regulatory changes and innovations in flavor technology.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 73.62 | 2023 | View data | ||
| 2 | 2 Sweden | 49.3 | 2023 | View data | ||
| 3 | 3 Spain | 46.57 | 2023 | View data | ||
| 4 | 4 Canada | 43.75 | 2023 | View data | ||
| 5 | 5 United Kingdom | 43.64 | 2023 | View data | ||
| 27 | 27 Argentina | 8.15 | 2023 | View data | ||
| 28 | 28 Jordan | 7.67 | 2023 | View data | ||
| 29 | 29 Peru | 7.39 | 2023 | |||
| 30 | 30 Malaysia | 6.62 | 2023 | View data | ||
| 31 | 31 Vietnam | 4.82 | 2023 | View data | ||