Cooking Ingredients and Meals in Guatemala


Attention: There is an updated edition available for this report.

Cooking Ingredients and Meals in Guatemala

By 2021, the situation around the pandemic had started to alleviate with shops and markets opening for longer with a slow resumption to normality, despite the ongoing presence of the virus. The home cooking trend remained in force in Guatemala, with consumers opting to avoid crowded spaces and safeguard their health by preparing food and dining at home. This continued to boost sales of edible oils. The ongoing shift of eating occasions to the home also benefited ready meals. While on one hand ma...

Euromonitor International's 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 2016-2020, 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 in <|Year|> directly informs our forecasts to 2025, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Ready Meals, Sauces, Dressings and Condiments, Soup, 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.


Cooking Ingredients and Meals in Guatemala
Euromonitor International
December 2021
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN GUATEMALA
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2021: The big picture
Key trends in 2021
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021
Table 7 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021
Table 8 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN GUATEMALA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Despite an easing in COVID-19 restrictions in 2021 cooking at home remains an important trend in influencing sales of edible oils
The pandemic stimulates price increases as well as growing consumer demand
Olive oil continues to expand in Guatemala but from a small base
PROSPECTS AND OPPORTUNITIES
Alimentos Ideal maintains its outright lead over the forecast period and highlights healthy eating through consumption of its products
Growing price sensitivity stimulates demand for and expansion of private label
Industry players adopt a variety of measures to promote the healthful elements of their products, particularly given the ongoing presence of the virus around the globe
CATEGORY DATA
Table 12 Sales of Edible Oils by Category: Volume 2016-2021
Table 13 Sales of Edible Oils by Category: Value 2016-2021
Table 14 Sales of Edible Oils by Category: % Volume Growth 2016-2021
Table 15 Sales of Edible Oils by Category: % Value Growth 2016-2021
Table 16 NBO Company Shares of Edible Oils: % Value 2017-2021
Table 17 LBN Brand Shares of Edible Oils: % Value 2018-2021
Table 18 Distribution of Edible Oils by Format: % Value 2016-2021
Table 19 Forecast Sales of Edible Oils by Category: Volume 2021-2026
Table 20 Forecast Sales of Edible Oils by Category: Value 2021-2026
Table 21 Forecast Sales of Edible Oils by Category: % Volume Growth 2021-2026
Table 22 Forecast Sales of Edible Oils by Category: % Value Growth 2021-2026
READY MEALS IN GUATEMALA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Industry players respond to the ongoing presence of the virus in 2021 by widening their product ranges in ready meals
Limited household ownership of fridges and freezers leads to stronger growth of dried ready meals in 2021
Empacadora Toledo maintains the lead with the category benefiting from new developments and innovation, especially in imported brands
PROSPECTS AND OPPORTUNITIES
Category sees conflicting trends such as convenience and the ongoing home cooking trend
New entrants over the forecast period provide further category momentum
Widening consumer base supports further growth
CATEGORY DATA
Table 23 Sales of Ready Meals by Category: Volume 2016-2021
Table 24 Sales of Ready Meals by Category: Value 2016-2021
Table 25 Sales of Ready Meals by Category: % Volume Growth 2016-2021
Table 26 Sales of Ready Meals by Category: % Value Growth 2016-2021
Table 27 NBO Company Shares of Ready Meals: % Value 2017-2021
Table 28 LBN Brand Shares of Ready Meals: % Value 2018-2021
Table 29 Distribution of Ready Meals by Format: % Value 2016-2021
Table 30 Forecast Sales of Ready Meals by Category: Volume 2021-2026
Table 31 Forecast Sales of Ready Meals by Category: Value 2021-2026
Table 32 Forecast Sales of Ready Meals by Category: % Volume Growth 2021-2026
Table 33 Forecast Sales of Ready Meals by Category: % Value Growth 2021-2026
SAUCES, DRESSINGS AND CONDIMENTS IN GUATEMALA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Slower growth in 2021 as restrictions begin to ease and more time is spent outside the home and dining in consumer foodservice outlets
Ongoing popularity of barbeque sauces and tomato pastes and purées in 2021
Alimentos Kern de Guatemala maintains is share and category lead in 2021
PROSPECTS AND OPPORTUNITIES
A greater resumption in normal lives lowers consumption opportunities at least in the short term
New entrants and flavour innovations characterise the forecast period in a continuation from several new launches in 2021
Improvements with packaging formats support in-store promotion and consumer awareness
CATEGORY DATA
Table 34 Sales of Sauces, Dressings and Condiments by Category: Volume 2016-2021
Table 35 Sales of Sauces, Dressings and Condiments by Category: Value 2016-2021
Table 36 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2016-2021
Table 37 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2016-2021
Table 38 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2017-2021
Table 39 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2018-2021
Table 40 Distribution of Sauces, Dressings and Condiments by Format: % Value 2016-2021
Table 41 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2021-2026
Table 42 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2021-2026
Table 43 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2021-2026
Table 44 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2021-2026
SWEET SPREADS IN GUATEMALA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Demand for sweet spreads stagnates somewhat in 2021 compared to spike in the previous year as rising unit prices disincentivises the consumer base
Domestic brands continue to characterise sweet spreads in Guatemala
Emerging brands invigorate demand for honey at weekend markets and online with the category benefiting from its reputed healthy properties
PROSPECTS AND OPPORTUNITIES
Jams and preserves remains the largest and most popular category in sweet spreads over the forecast period
Weekend markets promote innovation and support new product launches over the forecast period
Price and natural positioning remain the most important purchasing criteria in the forecast period
CATEGORY DATA
Table 45 Sales of Sweet Spreads by Category: Volume 2016-2021
Table 46 Sales of Sweet Spreads by Category: Value 2016-2021
Table 47 Sales of Sweet Spreads by Category: % Volume Growth 2016-2021
Table 48 Sales of Sweet Spreads by Category: % Value Growth 2016-2021
Table 49 NBO Company Shares of Sweet Spreads: % Value 2017-2021
Table 50 LBN Brand Shares of Sweet Spreads: % Value 2018-2021
Table 51 Distribution of Sweet Spreads by Format: % Value 2016-2021
Table 52 Forecast Sales of Sweet Spreads by Category: Volume 2021-2026
Table 53 Forecast Sales of Sweet Spreads by Category: Value 2021-2026
Table 54 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2021-2026
Table 55 Forecast Sales of Sweet Spreads by Category: % Value Growth 2021-2026
SOUP IN GUATEMALA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Slowdown in 2021 as lifestyles resume a greater degree of normality, though sales of dehydrated soup remain most popular
Price and flavour are the most important buying criteria among local consumers in soup with independent small grocers remaining the leading channel
Nestlé retains its outright lead thanks to the popularity of its low-priced Maggi brand, while small competitors and even restaurants launch chilled soup
PROSPECTS AND OPPORTUNITIES
Dehydrated soup continues driving demand and dominating sales over the forecast period
Flavour continues to guide consumers’ decisions in supporting innovation
Innovative new packaging launches intensifies the competitive landscape
CATEGORY DATA
Table 56 Sales of Soup by Category: Volume 2016-2021
Table 57 Sales of Soup by Category: Value 2016-2021
Table 58 Sales of Soup by Category: % Volume Growth 2016-2021
Table 59 Sales of Soup by Category: % Value Growth 2016-2021
Table 60 NBO Company Shares of Soup: % Value 2017-2021
Table 61 LBN Brand Shares of Soup: % Value 2018-2021
Table 62 Distribution of Soup by Format: % Value 2016-2021
Table 63 Forecast Sales of Soup by Category: Volume 2021-2026
Table 64 Forecast Sales of Soup by Category: Value 2021-2026
Table 65 Forecast Sales of Soup by Category: % Volume Growth 2021-2026
Table 66 Forecast Sales of Soup by Category: % Value Growth 2021-2026

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings