Guatemala Tea Market 2024

Description

According to the latest estimates, the tea market in Guatemala is set to achieve an incremental growth of USD 2.0 million, accelerating at a CAGR of almost 3.8% during the forecast period 2024-2029. Known for its health advantages, tea offers antioxidants, aids digestion, and may support weight loss, driving increased consumer interest and consumption. The extensive range of tea varieties – black, green, white, oolong, herbal, and flavored – caters to every taste, appealing to a wide audience. Tea’s association with relaxation and comfort makes it a popular choice for those seeking to unwind, cherished for its calming effects.

This report provides a thorough assessment of the Guatemala tea industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the tea industry.

Market Segmentation

The tea market in Guatemala is categorized into the following segments:
Product type: black tea, fruit & herbal tea, green tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, others

The Guatemala tea market is segmented on the basis of product type, packaging, and distribution channel. By product type, the tea market in Guatemala has been segmented into black tea, fruit & herbal tea, green tea, and others. Based upon packaging, the tea market in Guatemala is categorized into flexible packaging, paper containers, and others (glass, metal, etc.). On the basis of distribution channel, the tea market in Guatemala has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, and others.

Competitive Landscape

As of 2023, the major players in the Guatemala tea market were Vida Laboratories Ltd., Mondaisa S.A., Lipton Teas and Infusions, Inversiones Cadia SA, Cambiaso Hnos S.A.C, Associated British Foods plc.

This report provides a comprehensive analysis of the key players in the Guatemala tea market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Guatemala tea market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Guatemala tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala tea 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 tea market – product type analysis
Guatemala tea market – packaging analysis
Guatemala tea market – distribution channel analysis
Key players and market share
– Vida Laboratories Ltd.
– Mondaisa S.A.
– Lipton Teas and Infusions
– Inversiones Cadia SA
– Cambiaso Hnos S.A.C
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Guatemala tea market 2019-2029
Chart Guatemala tea market, net growth, 2019-2029
Chart Guatemala tea market, growth rates, 2019-2029
Table Guatemala tea market by product type, 2019-2029
Chart Guatemala tea market by product type, CAGR historic and forecast, 2019-2029
Chart Guatemala tea market by product type, 2019-2029
Table Guatemala tea market by packaging, 2019-2029
Chart Guatemala tea market by packaging, CAGR historic and forecast, 2019-2029
Chart Guatemala tea market by packaging, 2019-2029
Table Guatemala tea market by distribution channel, 2019-2029
Chart Guatemala tea market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Guatemala tea market by distribution channel, 2019-2029
Table Guatemala tea market share (%), by companies, 2019-2023
Chart Guatemala tea market, by companies, 2023
Table Guatemala tea market share (%), by brands, 2019-2023
Chart Guatemala tea 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 tea market: spend as a proportion of GDP (%)
Table Guatemala tea market: consumption per capita (population)