Baked good is expected to register both moderate constant value and volume growth in 2023, in spite of continuing high inflation. Flat breads used for tortilla continues to account for most volume sales. However, prices have increased in 2023, and with consumers being price sensitive, bakeries have started offering smaller-sized products.
Euromonitor International's Baked Goods 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 2018-2022, 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 2027, clearly indicating how the market is expected to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Baked Goods 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.
Baked Goods in Guatemala
Euromonitor International
November 2023
List Of Contents And Tables
BAKED GOODS IN GUATEMALA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Moderate growth, in spite of continuing high inflation
Artisanal products dominate, with leading branded player being Bimbo
Huge diversification in flat breads
PROSPECTS AND OPPORTUNITIES
Bread continues to be an important part of the daily diet
Players focus on healthier positioning within bread