Peru: Food Processing Ingredients

Peru’s food processing industry is a dynamic sector of the national economy. The food industry in Peru accounts for almost 27 percent of the industrial gross domestic product. The sector declined 3.9 percent with respect 2021, mainly due to international externalities such as higher costs of food ingredients and energy. Exports of U.S.-origin food processing ingredients to Peru reached $272 million in 2022, a 38 percent increase over 2021.

Original source can be found here.