Guatemala Processed Food Market Report and Forecast 2025-2034

Guatemala Processed Food Market Size

The Guatemala processed food market is projected to grow at a CAGR of 8.6% between 2025 and 2034. The market is being aided by rapid urbanisation and the rising demand for ready-to-cook meals.

Guatemala Processed Food Market Outlook

• $2521 million worth of food and beverages were exported by Guatemala in 2022.

• The food and beverage sector of Guatemala recorded sales worth $5300 million in 2022.

• Online platforms are expected to emerge as the leading distribution channel for processed foods over the forecast period.

Guatemala Processed Food Market Growth

The food processing industry of Guatemala relies on the USA for importing high-quality food ingredients at cheap rates. Palm oils were the major export commodity in Q2 of FY 2021-22, with confectionery products, sauces and condiments, and carbonated soft drinks following closely.

The increasing demand for canned tuna and beef, along with other processed meat products amid the growing consumer shift towards consuming ready-to-cook products is aiding the market. Major food processors are diversifying their existing product lines to offer seasoned meat and patties to consumers.

In 2022, Guatemala imported $93.3 million worth of dairy products from the United States, which witnessed a year-on-year growth of 45%. The sales of butter, cheese, cream, yoghurt, whey, ice cream, and casein are very high in the country, with butter and cheese qualifying as basic food basket items.

Guatemala is amongst the leading food processing countries in Central America, and it imported $478.9 million of processed food from the United States in 2020-21, recording a year-on-year increase of 26%.  Its topmost imports included fats and oils, processed vegetables, and condiments and sauces, among others. Frozen food products such as tacos and papusa are expected to witness a surge in demand in the forecast period, along with other preserved food items and snacks.

Guatemala Processed Food Industry Segmentation

Guatemala Processed Food Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Instant Noodles
  • Fried
  • Non-Fried
• Carbonated Soft Drinks

• Ice Creams

• Pasta

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Online

• Others

Guatemala Processed food Market Share

Based on product, the market is divided into instant noodles, carbonated soft drinks, ice creams, and pasta. The growing ice cream sales, driven by high consumer appeal for frozen desserts and rising disposable incomes, are expected to make it one of the leading market segments over the forecast period.

Leading Companies in the Guatemala Processed Food Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Nissin Foods Holdings Co., Ltd.

• Nestlé S.A.

• Unilever Plc

• Ottogi Corporation

• The Coca-Cola Company

• Pepsico Inc.

• Helados Sarita

• Others

Major market players like Ottogi Corporation are boosting collaboration with companies that manufacture sustainable packaging solutions to drive the market growth.

Key Highlights of the Report