Peru Milk Market 2025

The Peru milk market is forecast to record moderate expansion, with value increasing by USD 108.0 million between 2025 and 2030, equivalent to a compound annual growth rate of around 4.4%. The trajectory reflects a recovery in household purchasing power, a steady pivot toward higher-quality dairy consumption, and structural shifts in retail channels that are reshaping demand dynamics.

Economic recovery since mid-2024 has been a pivotal factor, with improving macro conditions expected to lift household confidence and enable greater expenditure on everyday essentials, including milk. This rebound in spending power is encouraging consumers to purchase more frequently and to upgrade to higher-priced dairy options. Premium fresh milk, positioned as a higher-quality alternative, is expected to capture incremental demand as households diversify beyond basic offerings. The pace of this consumption upgrade underscores the role of rising disposable incomes in reshaping the structure of the dairy category.

At the same time, growing health and wellness awareness is steering purchasing decisions toward functional and specialized options. Demand for low-fat products such as semi-skimmed ambient milk is accelerating, as consumers increasingly associate these variants with quality and healthier living. Lactose-free alternatives are also gaining wider acceptance, broadening the customer base by addressing specific dietary needs. These trends highlight a shift from volume-driven to value-driven growth, as the perception of quality becomes more closely tied to health benefits and product differentiation.

E-commerce is reinforcing this transformation by creating new pathways for distribution and consumer engagement. Although online sales of milk remain modest in absolute terms, they continue to grow at a dynamic pace, supported by the increasing normalization of online grocery shopping. Frequent promotional campaigns and discount offers are amplifying this momentum, incentivizing trial and encouraging repeat purchases. The digital channel, while supplementary to traditional retail, is expected to play an expanding role in shaping consumer expectations around price, convenience, and access to premium dairy.

Providing a strategic perspective on the Peru milk market, this report analyzes historical trends from 2020 to 2024 and forecasts market developments through 2030. It delves into market size, growth rates, and segment-level insights, uncovering the forces shaping the industry’s future. By examining product and distribution channel, the report delivers a robust framework for understanding market dynamics and identifying pathways for growth.

Market Segmentation

The Peru milk market is classified into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others

In Peru, the milk market is segmented by product and distribution channel. In terms of product, the market is segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Distribution channel segments encompass convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Leading companies in the milk market include Producciones y Distribuciones Andina S.A., Nestle S.A., Laive S.A., Lacteos Piamonte S.A.C., GRUPO GLORIA and Fonterra Co-operative Group Limited. This analysis offers a comprehensive overview of the main players in the milk market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Peru milk market.
Gain in-depth analysis and forecasts for the key segments of the Peru milk market: product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Peru milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Peru milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Peru Milk Market – Product Analysis
Peru Milk Market – Distribution Channel Analysis
Company Shares Analysis
Producciones y Distribuciones Andina S.A.
Nestle S.A.
Laive S.A.
Lacteos Piamonte S.A.C.
GRUPO GLORIA
Fonterra Co-operative Group Limited
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Peru Milk Market 2020-2030
Chart Peru Milk Market, Net Growth, 2020-2030
Chart Peru Milk Market, Growth Rates, 2020-2030
Table Peru Milk Market by Product, 2020-2030
Chart Peru Milk Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Peru Milk Market by Product, 2020-2030
Table Peru Milk Market by Distribution Channel, 2020-2030
Chart Peru Milk Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Peru Milk Market by Distribution Channel, 2020-2030
Table Peru Milk Market Share (%), by Companies, 2020-2024
Chart Peru Milk Market, by Companies, 2024
Table Peru Milk Market Share (%), by Brands, 2020-2024
Chart Peru Milk Market, by Brands, 2024
Table Peru – Population (Millions) and Forecast
Table Peru – Consumer Price Index (CPI) and Forecast
Table Peru – Gross Domestic Product and Forecast
Table Peru Milk Market: Spend as a Proportion of GDP (%)
Table Peru Milk Market: Consumption per Capita (Population)

Companies Mentioned

Producciones y Distribuciones Andina S.A.
Nestle S.A.
Laive S.A.
Lacteos Piamonte S.A.C.
GRUPO GLORIA
Fonterra Co-operative Group Limited