Guatemala Cheese Market Report and Forecast 2024-2032

Guatemala Cheese Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the Guatemala cheese market is projected to grow at a CAGR of 5.2% between 2024 and 2032. Aided by the escalating consumer preference for dairy products and the burgeoning food service sector, the market is expected to grow significantly by 2032.

Cheese, an ancient dairy delight, has been an integral part of the human diet for centuries. It's made primarily from the milk of cows, goats, or sheep, undergoing fermentation where bacteria or enzymes break down milk fats and proteins. Over time, cheese has ingrained itself deeply within Guatemalan culture and cuisine, with traditional dishes such as 'pupusas' and 'tamales' often incorporating cheese as a staple ingredient.

One of the primary drivers steering the Guatemala cheese market growth is the rising demand for dairy products. With the cultural shift towards the appreciation of gourmet food and imported cheeses, there has been an upsurge in the consumption of varieties like Gouda, Mozzarella, and Parmesan. Additionally, the traditional cheeses of Guatemala, including 'queso fresco' and 'queso duro', continue to enjoy significant popularity amongst the masses.

The flourishing food service sector in Guatemala also substantially propels the Guatemala cheese market demand. With urbanisation on the rise, there has been a notable increase in the number of cafes, restaurants, and fast-food outlets, all of which frequently incorporate cheese into their dishes, thus amplifying its demand. The surge in tourism, particularly in regions like Antigua and Lake Atitlán, has further bolstered the demand for cheese as tourists seek authentic Guatemalan culinary experiences.

Moreover, the growing awareness about the health benefits associated with dairy consumption has boosted the sales of cheese in Guatemala. As per the Guatemala cheese market analysis, rich in calcium, protein, and essential vitamins, cheese plays a pivotal role in bone health, muscle formation, and overall well-being. This has led to a discernible trend where households are increasingly incorporating cheese into their daily diets, be it in sandwiches, salads, or standalone cheese platters.

The expansion of the retail sector in Guatemala is another factor accelerating the market's growth. Supermarkets and hypermarkets are increasingly dedicating larger sections to dairy products, particularly cheese, with diverse options from both local and international brands, which contributes value to the Guatemala cheese market size.

Market Segmentation

The market can be divided based on source, type, format, distribution channel, and region.

Market Breakup by Source
  • Cow Milk
  • Buffalo Milk
  • Goat Milk
  • Others
Market Breakup by Type
  • Fresco
  • Double Cream
  • Panela
  • Amarillo
  • Crema
  • Chihuahua
  • Manchego
  • Oaxaca
  • Others
Market Breakup by Format
  • Slices
  • Diced/Cubes
  • Shredded
  • Blocks
  • Spreads
  • Others
Market Breakup by Distribution Channels
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Market Breakup by Region
  • North and North East
  • Central and Guatemala City
  • North West
  • South East and South West
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Guatemala cheese market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Lactolac, SA de CV
  • Lacteos de Honduras S.A. de C.V
  • Sigma Alimentos, S.A de C.V.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


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.

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