Guatemala Wine Market 2024

Description

The wine market in Guatemala is projected to rise by USD 50.9 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.3 percent during the forecast period. The growth of the middle class in Guatemala has led to increased disposable income, driving demand for premium and imported wines. Additionally, younger consumers are increasingly choosing wine over traditional alcoholic drinks. The surge in e-commerce has further facilitated this trend by offering consumers easy access to a broader selection of wines online.

This report provides a thorough assessment of the Guatemala wine 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, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.

Market Segmentation

The wine market in Guatemala is categorized into the following segments:
Product: fortified wine, non-grape wine, sparkling wine, still wine, others
Distribution channel: supermarkets and hypermarkets, discounters, warehouse clubs, specialty stores, foodservice channels, e-commerce, others

The Guatemala wine market is segmented on the basis of product, and distribution channel. By product, the wine market in Guatemala has been segmented into fortified wine, non-grape wine, sparkling wine, still wine, and others. Based upon distribution channel, the wine market in Guatemala is categorized into supermarkets and hypermarkets, discounters, warehouse clubs, specialty stores, foodservice channels, e-commerce, and others.

Why Buy This Report?

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

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGuatemala wine market – product analysis
Guatemala wine market – distribution channel analysis
Macroeconomic data and forecast
Disclaimer

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