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Guatemala Cheese Market Size, Share, Research: By Source: Cow Milk, Buffalo Milk, Goat Milk, Others; By Type: Fresco, Double Cream, Panela, Amarillo, Crema, Chihuahua, Manchego, Others; By Format; By Distribution Channels; Regional Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments; 2024-2032
Guatemala Cheese Market Regional Analysis
The Guatemala cheese market is being driven by the growing consumption in Latin America. The inclusion of the product in packaged food and ready-to-eat meals is anticipated to gain traction due to the growing emphasis on natural and healthy components in food and beverage products, which will spur the expansion in the region.
The growing demand for premium cheese is forcing producers to release organic and premium cheese with product certifications. In the next years, the demand for authentic cheese and cheese-based products will be fuelled by rising interest in international cuisine and unique flavour profiles in culinary ingredients.
The consumers in the region are inclining towards environmentally friendly and vegan products as a result of growing awareness of animal cruelty. The preference is also changing due to the region's expanding carbon footprint brought on by the consumption of foods derived from animals, such as milk, honey, eggs, meat, pork, and seafood. This is increasing the consumption of vegan cheese, thereby increasing the Guatemala cheese market share in the forecast period.
Guatemala Cheese Market Report Snapshots
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.
Key Questions Answered in the Report
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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