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Cooking Ingredients and Meals in Guatemala

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    Report

  • 38 Pages
  • November 2023
  • Region: Guatemala
  • Euromonitor International
  • ID: 5567535
In 2023, inflation has begun to subside in Guatemala although retail price inflation continues to impact the basic food basket. Lower prices of some imported goods, regulatory interest rate policies and reduced agricultural production costs have collectively contributed to this decline in inflation. However, despite these developments, certain products within the cooking ingredients and meals category continue to face price increases.

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 2018-2022, 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 2027, 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 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 7 Penetration of Private Label by Category: % Value 2018-2023
  • Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
EDIBLE OILS IN GUATEMALAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Stand-up pouches deliver more affordable edible oils
  • Palm oil offers an affordable option to Guatemalans
  • Olive oil product ranges expand in modern retail channel
PROSPECTS AND OPPORTUNITIES
  • Nutritionists support use of edible oils with health benefits
  • Private label innovation at higher prices
  • Sunflower and canola oil to help expand edible oil consumption
CATEGORY DATA
  • Table 13 Sales of Edible Oils by Category: Volume 2018-2023
  • Table 14 Sales of Edible Oils by Category: Value 2018-2023
  • Table 15 Sales of Edible Oils by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Edible Oils by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Edible Oils: % Value 2019-2023
  • Table 18 LBN Brand Shares of Edible Oils: % Value 2020-2023
  • Table 19 Distribution of Edible Oils by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Edible Oils by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Edible Oils by Category: Value 2023-2028
  • Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
MEALS AND SOUPS IN GUATEMALAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Retail volume sales gain momentum in meals and soups
  • Nestlé SA emphasizes nutritional content on pack
  • Tacos consumption drives sales of frozen meals
PROSPECTS AND OPPORTUNITIES
  • Nestlé SA will continue to innovate to deliver quality and affordability
  • Taco culture to drive growth in ready meals
  • Frozen and chilled products to expand in ready meals
CATEGORY DATA
  • Table 24 Sales of Meals and Soups by Category: Volume 2018-2023
  • Table 25 Sales of Meals and Soups by Category: Value 2018-2023
  • Table 26 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
  • Table 27 Sales of Meals and Soups by Category: % Value Growth 2018-2023
  • Table 28 NBO Company Shares of Meals and Soups: % Value 2019-2023
  • Table 29 LBN Brand Shares of Meals and Soups: % Value 2020-2023
  • Table 30 Distribution of Meals and Soups by Format: % Value 2018-2023
  • Table 31 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
  • Table 32 Forecast Sales of Meals and Soups by Category: Value 2023-2028
  • Table 33 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
  • Table 34 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN GUATEMALAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Ketchup benefits from domestic production
  • Shop-bought chilli sauces gain appeal
  • Mayonnaise and mustard impacted by price increases
PROSPECTS AND OPPORTUNITIES
  • Private label transforms barbecue sauce
  • Soy sauce gains preference among local consumers
  • Affordable pasta sauces cater to budget-conscious shoppers
CATEGORY DATA
  • Table 35 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
  • Table 36 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
  • Table 37 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
  • Table 38 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
  • Table 39 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
  • Table 40 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
  • Table 41 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
  • Table 42 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
  • Table 43 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
  • Table 44 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
  • Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN GUATEMALAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Jams and preserves lead overall category by volume
  • Honey category flourishes amidst rising prices
  • Nut and seed based spreads continue to expand
PROSPECTS AND OPPORTUNITIES
  • Innovations to drive growth in peanut butter
  • Price increases to further impact chocolate spread category
  • Innovative imported brands to reshape sweet spreads
CATEGORY DATA
  • Table 46 Sales of Sweet Spreads by Category: Volume 2018-2023
  • Table 47 Sales of Sweet Spreads by Category: Value 2018-2023
  • Table 48 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
  • Table 49 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
  • Table 50 NBO Company Shares of Sweet Spreads: % Value 2019-2023
  • Table 51 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
  • Table 52 Distribution of Sweet Spreads by Format: % Value 2018-2023
  • Table 53 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
  • Table 54 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
  • Table 55 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
  • Table 56 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028