| Product Code: ETC8814902 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Peru`s import shipments of breast milk substitutes in 2024 continued to be dominated by key exporting countries such as Mexico, Netherlands, Ireland, Spain, and Chile. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -3.94% from 2020 to 2024, the significant decline in growth rate from 2023 to 2024 at -20.5% suggests a challenging market environment. This data highlights the ongoing importance of monitoring market dynamics and competitive landscapes within the breast milk substitutes industry in Peru.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Breast Milk Substitutes Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Breast Milk Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Breast Milk Substitutes Market - Industry Life Cycle |
3.4 Peru Breast Milk Substitutes Market - Porter's Five Forces |
3.5 Peru Breast Milk Substitutes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Peru Breast Milk Substitutes Market Revenues & Volume Share, By Formula Type, 2021 & 2031F |
3.7 Peru Breast Milk Substitutes Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Peru Breast Milk Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of breastfeeding and breast milk substitutes |
4.2.2 Growing working population leading to higher demand for convenient feeding options |
4.2.3 Rise in the number of working mothers who opt for breast milk substitutes due to time constraints |
4.3 Market Restraints |
4.3.1 Cultural norms and societal pressure promoting breastfeeding over breast milk substitutes |
4.3.2 Concerns regarding the nutritional value and safety of breast milk substitutes |
4.3.3 Regulatory restrictions and guidelines impacting the marketing and distribution of breast milk substitutes |
5 Peru Breast Milk Substitutes Market Trends |
6 Peru Breast Milk Substitutes Market, By Types |
6.1 Peru Breast Milk Substitutes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Breast Milk Substitutes Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Peru Breast Milk Substitutes Market Revenues & Volume, By Ready-to-use, 2021- 2031F |
6.1.4 Peru Breast Milk Substitutes Market Revenues & Volume, By Powdered, 2021- 2031F |
6.1.5 Peru Breast Milk Substitutes Market Revenues & Volume, By Concentrated Liquid, 2021- 2031F |
6.2 Peru Breast Milk Substitutes Market, By Formula Type |
6.2.1 Overview and Analysis |
6.2.2 Peru Breast Milk Substitutes Market Revenues & Volume, By Hypoallergenic Formula, 2021- 2031F |
6.2.3 Peru Breast Milk Substitutes Market Revenues & Volume, By Soy-based Formula, 2021- 2031F |
6.2.4 Peru Breast Milk Substitutes Market Revenues & Volume, By Milk-based Formula, 2021- 2031F |
6.3 Peru Breast Milk Substitutes Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Peru Breast Milk Substitutes Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Peru Breast Milk Substitutes Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.3.4 Peru Breast Milk Substitutes Market Revenues & Volume, By Others, 2021- 2031F |
7 Peru Breast Milk Substitutes Market Import-Export Trade Statistics |
7.1 Peru Breast Milk Substitutes Market Export to Major Countries |
7.2 Peru Breast Milk Substitutes Market Imports from Major Countries |
8 Peru Breast Milk Substitutes Market Key Performance Indicators |
8.1 Percentage increase in online searches for breast milk substitutes in Peru |
8.2 Number of pediatrician recommendations for breast milk substitutes |
8.3 Growth in the number of companies offering breast milk substitutes in the Peruvian market |
9 Peru Breast Milk Substitutes Market - Opportunity Assessment |
9.1 Peru Breast Milk Substitutes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Peru Breast Milk Substitutes Market Opportunity Assessment, By Formula Type, 2021 & 2031F |
9.3 Peru Breast Milk Substitutes Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Peru Breast Milk Substitutes Market - Competitive Landscape |
10.1 Peru Breast Milk Substitutes Market Revenue Share, By Companies, 2024 |
10.2 Peru Breast Milk Substitutes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |