Peru: Food Processing Ingredients Annual
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Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product. In 2024, Peru's food industry experienced a remarkable recovery, achieving an overall growth rate of 7.1 percent. Notably, food processors in Peru significantly depend on imported ingredients. Exports of U.S.-origin food processing ingredients to Peru reached $199 million in 2024.