Soups is one of the food category offered in restaurants, along with the soft drinks and meal deals and combinations categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the soups category in Peru report, the soups category constitutes a 13% share among all restaurant types in Peru foodservice market. The report analyses 413 menu items from different foodservice outlets in Peru and provides an overview of the food categories available across its foodservice channel. Buy the report here.
Soup was found to be the most-used ingredient in the soups category, featuring in 74% of menu items, followed by chicken and pasta. Vegetables and egg were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the soups category have risen by 0.89%. As on-premises dining gains momentum following the COVID-19 pandemic, the soups category in Peru is expected to experience overall growth.
Different categories exhibited mixed price movements within Peru foodservice market between 2023 and H1 2024. Food categories in Peru witnessed price increase in their food offerings in the mentioned timeline. Out of these, meal deals and combinations category saw highest price increase.
An in-depth analysis of the soups category price trend by location reveals consumption trends of each region. The graph below represents the change in soups category menu prices during 2022-2024 across the top five locations. As seen below, soups category menu items in Cusco became more affordable as compared to Punta Hermosa and Santiago de Surco.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Peru market, restaurants operators rely on innovation as a crucial tactic to appeal to customers as well as optimize costs. As increasing number of consumers seek novel experiences, foodservice operators must continuously innovate their menu choices, providing superior taste and quality along with a diverse selection of dishes. Operators should highlight the distinctive tastes and flavours of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Peru category menu, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.