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The various sources in the market are 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.
The formats of the product can be segmented into shredded, slices, diced/cubes, blocks, and spreads, among others. The several distribution channels include convenience stores, supermarkets and hypermarkets, speciality stores, and online, among others.
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.*
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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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