Ten years ago, you’d never have thought of Peruvian food being available at restaurants in Sydney and Melbourne or for established Peruvian businesses deciding to expand and invest in companies across the globe. Still, strange events have taken place… as well. Peruvian food is gaining popularity.
It is bordered by Ecuador, Colombia, Brazil, Chile, and Bolivia; Peru is one of the continent’s food hubs. In reality, Peru’s government has been trying to promote Peru in the role of “the food capital of the world,” after the significant growth of Peruvian tourism over the last few years.
Foodies all over the world have been traveling to Peru in droves, and the country’s tourist statistics have steadily grown by about 25% per year. 201.7 saw the country receive more than 3,835,000 visitors who sampled Peru’s delicious cuisine and spread the word about its cuisine to their families and friends.
How do you explain how Peru made an impact in Australia, and what can business owners do to profit from the increasing appetite for Peruvian food? Below, I provide my insights and tips on how you can maximize your chances to succeed in Australia.
What’s the reason Peruvian cuisine is growing in popularity?
The ability to mix Western and Asian techniques in cooking Peruvian food is unique to any other cuisine. People are devoted to sharing stories with food by weaving unique flavors and pouring their heart and soul into their food.
Chilies and potatoes, as well as corn, are the three most vital elements in any Peruvian food, and all of them are grown throughout the region. Quinoa is a very popular ingredient and is sure to be appealing to the health-conscious consumer of today who desire their food to taste delicious and healthy.
Peruvian chefs cook meals using rice, wheat, and wheat, as well as meats such as chicken and beef and chicken, but they are also recognized for roasting guinea pigs at times. Desserts in Peru are essential, with caramel as a primary ingredient. The’suspiro of lime condensed milk and meringue is a dessert that needs to be tried to believe.
Simply put, this Peruvian food is delicious in its own way and is inevitably being embraced by the public as people demand flavor and excitement from their food choices.
One of the primary reasons Peruvians have migrated to Australia is due to the trade agreements between the two countries. Even though it was signed just in 2013, the Free Trade Agreement between Peru and Australia helps improve the economic relationship between the two nations. It aids Australians in purchasing natural resources like food. Peruvians offer their goods and services to the growing middle class.
As per the Department of Foreign Affairs and Trade, The bilateral trade between the two countries was AU$590 million in 2016, and the new trade agreement will surely boost this number. Thus, incorporating a local firm in Australia could yield a significant return on investment for Peruvian firms, many of whom decide to go into the hospitality sector and also the food and beverage industry to satisfy the growing demands for top-quality Peruvian food in Australia.
Food outings are increasing.
The data provided by the Commonwealth Bank shows that its customers spend more than $640 million each month for dining out at chains and restaurants all over Australia. It’s about $140 per month for each Australian citizen, which has risen by more than 6 percent over the past two years.
In the fast-food industry, consumers spend around 90 dollars per month, a rise of 20 percent over the last two years. As ever more American large-scale fast food chains such as McDonald’s, Domino’s, and KFC are making a mark in Australia, this figure will only grow as businesses both big and small will profit.
In a different report by an independent report from the Australian Bureau of Statistics, Australian households are found to spend more eating out than on electricity. Takeaways and meals at restaurants accounted for $95.05 per week for a home in 2018. This is compared to the cost of energy ($35.05) in secondary schools ($27.99).
It was also discovered that Australians spend over $2.6 billion a year on food and drinks delivered through websites like Uber Eats and Deliveroo, some of which offer produce from high-end restaurants in the local area.
Changing global attitudes
Another reason that Australians can’t enjoy enough Peruvian food is due to the changing attitudes of people around the world towards food. In the past, most of us were opposed to traditional cuisine and barely dared to venture into a more exotic cuisine. However, today, we’re more traveled and more inclined to experiment when it comes to food in the hope of trying something new.
Generation Y is driving the market for new food trends and is allowing chains and one-man-band eateries to be opened around the world and serve food items that may not have been considered before, like Peruvian as well as Vietnamese.
The survey, which included more than 5,000 people, found that millennials were more likely to experiment with different recipes or foods that contain exotic ingredients, thereby increasing the demand for food and drinks from various nations and cultures. Combine the globalization of the world as well as the overlapping cultural landscapes in the major cities and towns in Australia, and you’ll see that Peruvian food is growing in popularity. As a business owner, it is your responsibility to take advantage of this demand and start your business in Peru or collaborate with a Peruvian company to provide ingredients.
There’s no doubt that the need for Peruvian food in Australia is growing, and it offers the opportunity to be unique, which is ideal for Peruvian entrepreneurs. Consider your choices and give it a try – you may soon have a profitable restaurant chain and expand your business not just in Australia but also in other markets that are developed, such as those in the United States and the United Kingdom. Whatever you decide to pursue, I hope you have the most successful of success. “Buen provecho!”
