Guatemala Confectionery Market 2024

Description

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Forecasted to grow at a moderate pace, the Guatemala confectionery market size is expected to reach USD 1,369.2 million by 2029, up from USD 954.4 million in 2023, resulting in a CAGR of 6.2%. In Guatemala, the confectionery market is growing as disposable incomes rise and younger consumers increasingly seek indulgent and innovative treats. The expansion of modern retail infrastructure is improving product accessibility, while health-conscious consumers are showing interest in low-sugar options.

The report provides a comprehensive analysis of the Guatemala confectionery industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the confectionery sector.

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Market Segmentation

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The segmentation of the Guatemala confectionery market is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, others

The confectionery market in the Guatemala is segmented by product type, packaging type and distribution channel. By product type, the market is categorized into chocolate, gums, and sugar confectionery. Packaging type segments are divided into flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments cover convenience stores, forecourts, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, and others.

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Competitive Landscape

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The Guatemala confectionery market is marked by intense competition, featuring leading companies such as The Hershey Company, Productos Alimenticios Diana S.A. de C.V., Nestle S.A., Mondelez International Inc., Mars Incorporated, Guatemalan Candies S.A., Grupo Arcor S.A., Ferrero International S.A., Fabrica Granada SA, Colombina SA, Chocolateria Zurich SA and Best de Guatemala S.A.

This report presents an extensive analysis of major entities in the confectionery market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

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Why Buy This Report?

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Obtain precise statistical data and forecasts for the Guatemala confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Guatemala confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Guatemala confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

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Table of Contents

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TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Guatemala Confectionery Market – Product Type Analysis
Guatemala Confectionery Market – Packaging Type Analysis
Guatemala Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Productos Alimenticios Diana, S.A. de C.V.
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Guatemalan Candies, S.A.
– Grupo Arcor S.A.
– Ferrero International S.A.
– Fabrica Granada, SA
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Guatemala Confectionery Market 2019-2029
Chart Guatemala Confectionery Market, Net Growth, 2019-2029
Chart Guatemala Confectionery Market, Growth Rates, 2019-2029
Table Guatemala Confectionery Market by Product Type, 2019-2029
Chart Guatemala Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Confectionery Market by Product Type, 2019-2029
Table Guatemala Confectionery Market by Packaging Type, 2019-2029
Chart Guatemala Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Confectionery Market by Packaging Type, 2019-2029
Table Guatemala Confectionery Market by Distribution Channel, 2019-2029
Chart Guatemala Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Confectionery Market by Distribution Channel, 2019-2029
Table Guatemala Confectionery Market Share (%), by Companies, 2019-2023
Chart Guatemala Confectionery Market, by Companies, 2023
Table Guatemala Confectionery Market Share (%), by Brands, 2019-2023
Chart Guatemala Confectionery 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 Confectionery Market: Spend as a Proportion of GDP (%)
Table Guatemala Confectionery Market: Consumption per Capita (Population)

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Companies Mentioned

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The Hershey Company
Productos Alimenticios Diana, S.A. de C.V.
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Guatemalan Candies, S.A.
Grupo Arcor S.A.
Ferrero International S.A.
Fabrica Granada, SA
Colombina SA
Chocolateria Zurich, SA
Best de Guatemala, S.A.

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