Guatemala Milk Market 2024

Description

According to the latest data, the market size of the milk industry in Guatemala is expected to rise by USD 308.7 million with a CAGR of 7.2% by the end of 2029. The Guatemala milk market is driven by rising urbanization and increasing disposable incomes, which are fueling demand for processed and packaged dairy products. As more consumers in urban areas shift towards modern retail channels, the availability of milk and dairy products has expanded, boosting overall consumption. Additionally, growing health awareness is driving demand for fortified and nutrient-rich milk options, particularly among the middle-class population. Government initiatives aimed at supporting local dairy farmers and improving production standards are further bolstering the market, helping to ensure a stable supply of high-quality milk products and reducing dependence on imports.

The report delivers an in-depth analysis of the Guatemala milk industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the milk market.

Market Segmentation

The following outlines the segmentation of the milk market in Guatemala:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others

The Guatemala milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in Guatemala has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in Guatemala has been segmented into supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Guatemala milk market is highly competitive. Key companies profiled in the report include Nestle S.A., Lacteos de Honduras S.A. (Lacthosa), Industrias Lacteas S.A., Ideal food S.A. (Alimentos ideal S.A.), Grupo Lala S.A.B. de C.V. , Fonterra Co-operative Group Limited, Cooperativa de Productores de Leche Dos Pinos R.L., Australia Dairy Good S.A.

This report delivers an in-depth breakdown of key players within the Guatemala milk market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Guatemala milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Guatemala milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGuatemala milk market – product analysis
Guatemala milk market – distribution channel analysis
Key players and market share
– Nestle S.A.
– Lacteos de Honduras S.A. (Lacthosa)
– Industrias Lacteas, S.A.
– Ideal food S.A. (Alimentos ideal S.A.)
– Grupo Lala S.A.B. de C.V. 
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Guatemala milk market 2019-2029
Chart Guatemala milk market, net growth, 2019-2029
Chart Guatemala milk market, growth rates, 2019-2029
Table Guatemala milk market by product, 2019-2029
Chart Guatemala milk market by product, CAGR historic and forecast, 2019-2029
Chart Guatemala milk market by product, 2019-2029
Table Guatemala milk market by distribution channel, 2019-2029
Chart Guatemala milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Guatemala milk market by distribution channel, 2019-2029
Table Guatemala milk market share (%), by companies, 2019-2023
Chart Guatemala milk market, by companies, 2023
Table Guatemala milk market share (%), by brands, 2019-2023
Chart Guatemala milk market, by brands, 2023
Table Guatemala – population (millions) and forecast
Table Guatemala – consumer price index (CPI) and forecast
Table Guatemala – gross domestic product and forecast
Table Guatemala milk market: spend as a proportion of GDP (%)
Table Guatemala milk market: consumption per capita (population)