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Cooking Ingredients and Meals in Guatemala

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    Report

  • 43 Pages
  • November 2022
  • Region: Guatemala
  • Euromonitor International
  • ID: 5567535
Inflation and supply issues have characterised the landscape in 2022, with rising prices boosting current retail value sales in cooking ingredients and meals. With over half the population in Guatemala living in poverty, high inflation negatively impacts monthly household food budgets. This has led to a rise in price-conscious behaviour, with restrictions being made and trading down taking place.

The Cooking Ingredients and Meals in Guatemala report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2026, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Cooking Ingredients and Meals market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

COOKING INGREDIENTS AND MEALS IN GUATEMALA
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2022: The big picture
  • Key trends in 2022
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
  • Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
  • Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
  • Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
  • Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
  • Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
  • Table 7 Penetration of Private Label by Category: % Value 2017-2022
  • Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
  • Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
  • Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
  • Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
  • Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
EDIBLE OILS IN GUATEMALAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Home cooking and rising price points lead to strong current retail value sales
  • Soy Oil is increasing its presence, with substantial current retail value and volume sales
  • Health-conscious consumers boost current retail value sales of olive oil
PROSPECTS AND OPPORTUNITIES
  • Inflation compromises brand loyalty as private label grows
  • Demand for edible oils declines; however, volume sales benefit from population growth
  • Players set to focus on health and wellness to boost sales
CATEGORY DATA
  • Table 13 Sales of Edible Oils by Category: Volume 2017-2022
  • Table 14 Sales of Edible Oils by Category: Value 2017-2022
  • Table 15 Sales of Edible Oils by Category: % Volume Growth 2017-2022
  • Table 16 Sales of Edible Oils by Category: % Value Growth 2017-2022
  • Table 17 NBO Company Shares of Edible Oils: % Value 2018-2022
  • Table 18 LBN Brand Shares of Edible Oils: % Value 2019-2022
  • Table 19 Distribution of Edible Oils by Format: % Value 2017-2022
  • Table 20 Forecast Sales of Edible Oils by Category: Volume 2022-2027
  • Table 21 Forecast Sales of Edible Oils by Category: Value 2022-2027
  • Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
  • Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027
MEALS AND SOUPS IN GUATEMALAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Dry soup leads sales, while price and flavour remain important factors in soup
  • Rising interest in ready meals is set to boost sales over the forecast period
  • Limited household ownership of fridges and freezers leads to strong growth
PROSPECTS AND OPPORTUNITIES
  • Nestlé set to retain its lead, investing in advertising, promotions and innovation
  • Growing health awareness set to shape innovation across the coming years
  • The ready meals landscape is set to grow despite high inflation
CATEGORY DATA
  • Table 24 Sales of Meals and Soups by Category: Volume 2017-2022
  • Table 25 Sales of Meals and Soups by Category: Value 2017-2022
  • Table 26 Sales of Meals and Soups by Category: % Volume Growth 2017-2022
  • Table 27 Sales of Meals and Soups by Category: % Value Growth 2017-2022
  • Table 28 NBO Company Shares of Meals and Soups: % Value 2018-2022
  • Table 29 LBN Brand Shares of Meals and Soups: % Value 2019-2022
  • Table 30 Distribution of Meals and Soups by Format: % Value 2017-2022
  • Table 31 Forecast Sales of Meals and Soups by Category: Volume 2022-2027
  • Table 32 Forecast Sales of Meals and Soups by Category: Value 2022-2027
  • Table 33 Forecast Sales of Meals and Soups by Category: % Volume Growth 2022-2027
  • Table 34 Forecast Sales of Meals and Soups by Category: % Value Growth 2022-2027
SAUCES, DIPS AND CONDIMENTS IN GUATEMALAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Barbeque sauces and tomato pastes and purées remain popular in 2022
  • Private label is aggressive in pasta sauces, while Nestlé expands
  • Alimentos Kern de Guatemala maintains its lead in 2022
PROSPECTS AND OPPORTUNITIES
  • Stable retail volume growth, while retail value growth suffers from trading down
  • Flavour innovations and new launches to shape the forecast period
  • Improvements in packaging formats support in-store promotions and consumer awareness
CATEGORY DATA
  • Table 35 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
  • Table 36 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
  • Table 37 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
  • Table 38 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
  • Table 39 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
  • Table 40 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
  • Table 41 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
  • Table 42 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
  • Table 43 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
  • Table 44 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
  • Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027
SWEET SPREADS IN GUATEMALAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Local honey brands grow, aligning with the health and wellness trend
  • Domestic brands lead the sweet spreads landscape in Guatemala
  • Private label and larger formats expand in chocolate spreads
PROSPECTS AND OPPORTUNITIES
  • The growth of sweet spreads is linked to both indulgence and health
  • Price and natural positioning remain important purchasing criteria
  • Nuts and seed based spreads will gain ground across the coming years
CATEGORY DATA
  • Table 46 Sales of Sweet Spreads by Category: Volume 2017-2022
  • Table 47 Sales of Sweet Spreads by Category: Value 2017-2022
  • Table 48 Sales of Sweet Spreads by Category: % Volume Growth 2017-2022
  • Table 49 Sales of Sweet Spreads by Category: % Value Growth 2017-2022
  • Table 50 NBO Company Shares of Sweet Spreads: % Value 2018-2022
  • Table 51 LBN Brand Shares of Sweet Spreads: % Value 2019-2022
  • Table 52 Distribution of Sweet Spreads by Format: % Value 2017-2022
  • Table 53 Forecast Sales of Sweet Spreads by Category: Volume 2022-2027
  • Table 54 Forecast Sales of Sweet Spreads by Category: Value 2022-2027
  • Table 55 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2022-2027
  • Table 56 Forecast Sales of Sweet Spreads by Category: % Value Growth 2022-2027