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Lactolac, SA de CV produces, distributes, and markets foods of high nutritional quality, competitive at an international level, exceeding the expectations of the customers. It is dedicated to manufacturing and marketing dairy products that adhere to high safety and quality requirements and follow local and international laws and regulations. Among other cheeses, it makes mozzarella, cheddar, and yellow processed cheese.
Lacteos de Honduras S.A. de C. V- With a focus on the development, production, and marketing of milk, powdered milk, milkshakes, fruit juices, orange juice, creams, cheeses, yoghurt, and water, Lacthosa is the top company in the dairy industry in Honduras. The business has operations in Guatemala, the United States, the Dominican Republic, and Grand Cayman.
Sigma Alimentos, S.A de C.V.- Sigma Alimentos, S.A de C.V. deals with producing, distributing, and selling chilled and frozen goods such cold meats, dry meats, cheese, yoghurt, prepared meals, and beverages. More than 590,000 clients are served by its 69 production facilities, which are located in North, Central, South, the Caribbean, and Europe.
Guatemala Cheese Market Analysis
Guatemala Cheese Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Guatemala Cheese Market Analysis
8.1 Key Industry Highlights
8.2 Guatemala Cheese Historical Market (2018-2023)
8.3 Guatemala Cheese Market Forecast (2024-2032)
8.4 Guatemala Cheese Market by Source
8.4.1 Cow Milk
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Buffalo Milk
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Goat Milk
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Guatemala Cheese Market by Type
8.5.1 Fresco
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Double Cream
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Panela
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Amarillo
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Crema
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Chihuahua
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Manchego
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Oaxaca
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Others
8.6 Guatemala Cheese Market by Format
8.6.1 Slices
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Diced/Cubes
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Shredded
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Blocks
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Spreads
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Guatemala Cheese Market by Distribution Channels
8.7.1 Supermarkets and Hypermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Speciality Stores
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Guatemala Cheese Market by Region
8.8.1 North and North East
8.8.2 Central and Guatemala City
8.8.3 North West
8.8.4 South East and South West
9 Regional Analysis
9.1 North and North East
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Central and Guatemala City
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 North West
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 South East and South West
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Lactolac, SA de CV
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Lacteos de Honduras S.A. de C.V
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Sigma Alimentos, S.A de C.V.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Guatemala Cheese Market: Key Industry Highlights, 2018 and 2032
2. Guatemala Cheese Historical Market: Breakup by Source (USD Million), 2018-2023
3. Guatemala Cheese Market Forecast: Breakup by Source (USD Million), 2024-2032
4. Guatemala Cheese Historical Market: Breakup by Type (USD Million), 2018-2023
5. Guatemala Cheese Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Guatemala Cheese Historical Market: Breakup by Format (USD Million), 2018-2023
7. Guatemala Cheese Market Forecast: Breakup by Format (USD Million), 2024-2032
8. Guatemala Cheese Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9. Guatemala Cheese Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10. Guatemala Cheese Historical Market: Breakup by Region (USD Million), 2018-2023
11. Guatemala Cheese Market Forecast: Breakup by Region (USD Million), 2024-2032
12. Guatemala Cheese Market Structure.
In 2023, the market size reached a value of nearly USD 168.05 million.
The cheese market in Guatemala is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The Guatemala cheese industry is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 237.66 million by 2032.
The major drivers include the on-the-go lifestyle of consumers, growing influence of Western cuisines, rising disposable incomes, introduction of many flavoured cheese products, surging demand for milk and dairy products, increase in the number of organised retail outlets, and growing interest in multi-national cuisine.
Increase in the consumption of fast-food products and the consequent rise in demand for processed cheese are the key industry trends propelling the growth.
The major regions in the market are North and North East, Central and Guatemala City, North West, South East and South West
The various sources of cheese include cow milk, buffalo milk, and goat milk, among others.
The different types include fresco, double cream, panela, amarillo, cream, chihuahua, manchego, and oaxaca, among others.
Based on format, the market is segmented into slices, diced/cubes, shredded, blocks, and spreads, among others.
The several distribution channels include convenience stores, speciality stores, online, supermarkets and hypermarkets, among others.
The key industry players are Lacteos de Honduras S.A. de C.V, Sigma Alimentos, S.A de C.V., and Lactolac, SA de CV, among others.
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