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