diff --git a/README.md b/README.md
index 912c901..79d08a6 100644
--- a/README.md
+++ b/README.md
@@ -38,9 +38,11 @@ An array or object to replace `$forEach` block with. Template can contain `$forE
     - `$forEach.key` - environment variable name
     - `$forEach.value` - environment variable value
 
+When using an object type iterator, nested values can be accessed with dot notation, (e.g. `$forEach.value.nestedKey`).
+
 ## Examples
 
-### Populate environment variables based on the list
+### Populate environment variables based on the object
 
 #### Config
 ```yaml
diff --git a/src/index.js b/src/index.js
index d25b2c1..1b0568e 100644
--- a/src/index.js
+++ b/src/index.js
@@ -71,9 +71,12 @@ class ForEachPlugin {
 	interpolate(template, key, value) {
 		const stringified = JSON.stringify(template);
 
-		const interpolated = stringified
-			.replace(/\$forEach.key/g, key)
-			.replace(/\$forEach.value/g, value);
+		const keyRegex = /\$forEach.key/g;
+		const valueRegex = /\$forEach\.value/g;
+
+		const template_with_keys_updated = stringified.replace(keyRegex, key);
+
+		const interpolated = this.replaceValues(template_with_keys_updated, valueRegex, value);
 
 		try {
 			return JSON.parse(interpolated);
@@ -82,6 +85,47 @@ class ForEachPlugin {
 		}
 	}
 
+	/**
+	 *
+	 * This function handles values that may be objects instead of strings.
+	 * If the value variable is an object, check to see if the template indicates
+	 * nested keys should be used.
+	 */
+	replaceValues(stringified, valueRegex, value) {
+		if (typeof value === 'string') {
+			return stringified.replace(valueRegex, value);
+		} else if (typeof value === 'object') {
+			const nestedKeyCaptureRegex = new RegExp(valueRegex.source + '\\.(?<nestedKey>\\w*)', 'g');
+
+			const nestedKeyMatches = [...stringified.matchAll(nestedKeyCaptureRegex)];
+
+			const ValueObjectErrorMsg = (
+				'ForEach value is an object, but the template did not use a valid key from the object.\n' +
+				`Value: ${JSON.stringify(value)}\nTemplate: ${stringified}`
+			)
+
+			if (!nestedKeyMatches.length) {
+				throw new Error(ValueObjectErrorMsg);
+			}
+
+			for (const nestedKeyMatch of nestedKeyMatches) {
+				const nestedKey = nestedKeyMatch.groups.nestedKey;
+
+				if (!(nestedKey in value)) {
+					throw new Error(ValueObjectErrorMsg);
+				}
+
+				const nestedValue = value[nestedKey]
+
+				const nestedValueRegex = new RegExp(valueRegex.source + '\\.' + nestedKey);
+
+				stringified = this.replaceValues(stringified, nestedValueRegex, nestedValue);
+			}
+
+			return stringified
+		}
+	}
+
 	findAndReplace(obj, path) {
 		let count = 0;
 
@@ -103,6 +147,7 @@ class ForEachPlugin {
 					const { iterator: rawIterator, template } = obj[key];
 
 					const iterator = {};
+
 					if (rawIterator.$env) {
 						Object.entries(process.env).forEach(([name, value]) => {
 							if (name.match(rawIterator.$env)) {
diff --git a/test/index.spec.js b/test/index.spec.js
index 2380bd7..9610a8d 100644
--- a/test/index.spec.js
+++ b/test/index.spec.js
@@ -290,6 +290,46 @@ describe('ForEachPlugin', function() {
 		]);
 	});
 
+	it('should support using iterators with objects as values', function() {
+		const { plugin, serverless } = createTestInstance({
+			custom: {
+				$forEach: {
+					iterator: {
+						bar: {
+							'name': 'bar',
+							'nicknames': {
+								'main': 'barberator',
+								'secondary': 'barbarella',
+							},
+						},
+						baz: {
+							'name': 'baz',
+							'nicknames': {
+								'main': 'bazerator',
+								'secondary': 'big baz',
+							},
+						}
+					},
+					template: {
+						'$forEach.key': '$forEach.value.name',
+						'$forEach.key_nickname': '$forEach.value.nicknames.main'
+					}
+				}
+			}
+		});
+
+		expect(
+			() => plugin.replace()
+		).to.not.throw();
+
+		expect(serverless.service.custom).to.deep.equal({
+			'bar': 'bar',
+			'bar_nickname': 'barberator',
+			'baz': 'baz',
+			'baz_nickname': 'bazerator',
+		});
+	});
+
 	it('should flatten one level when replacing array item and template is an array', function() {
 		const { plugin, serverless } = createTestInstance({
 			custom: {