The ice cream in Guatemala market is expected to increase by USD 91.5 million, at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2029, according to the latest edition of the Ice Cream Market in Guatemala Report. The increase in per capita income has directly impacted consumer spending on non-essential items such as ice cream. Economic stability encourages discretionary spending among consumers. Moreover, ice cream brands have significantly enhanced product visibility and consumer interest through active marketing and promotional activities. Leading brands have invested substantial funds in marketing efforts, including digital campaigns, influencer collaborations, and community engagement events, which are particularly effective in attracting younger consumers.
The report provides a comprehensive analysis of the Guatemala ice cream industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product type, ingredient, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the ice cream sector.
Market Segmentation
The segmentation of the ice cream market in Guatemala is outlined below:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, others
The Guatemala ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. On the basis of type, the ice cream market in Guatemala has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the ice cream market in Guatemala has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the ice cream market in Guatemala is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the ice cream market in Guatemala has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, and others.
Competitive Landscape
The Guatemala ice cream market is highly competitive. Top players covered in Guatemala Ice Cream Market Study are Unilever PLC, Royal FrieslandCampina N.V., Helados Sombrella S.A., Helados Sarita S.A., Grupo Nutresa S.A., Grupo Lala S.A.B. de C.V. , Cooperativa de Productores de Leche Dos Pinos R.L.
The report offers a comprehensive review of the Guatemala ice cream market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Guatemala ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Guatemala ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGuatemala ice cream market – type analysis
Guatemala ice cream market – product type analysis
Guatemala ice cream market – ingredient analysis
Guatemala ice cream market – distribution channel analysis
Key players and market share
– Unilever PLC
– Royal FrieslandCampina N.V.
– Helados Sombrella, S.A.
– Helados Sarita, S.A.
– Grupo Nutresa S.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Guatemala ice cream market 2019-2029
Chart Guatemala ice cream market, net growth, 2019-2029
Chart Guatemala ice cream market, growth rates, 2019-2029
Table Guatemala ice cream market by type, 2019-2029
Chart Guatemala ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Guatemala ice cream market by type, 2019-2029
Table Guatemala ice cream market by product type, 2019-2029
Chart Guatemala ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Guatemala ice cream market by product type, 2019-2029
Table Guatemala ice cream market by ingredient, 2019-2029
Chart Guatemala ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Guatemala ice cream market by ingredient, 2019-2029
Table Guatemala ice cream market by distribution channel, 2019-2029
Chart Guatemala ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Guatemala ice cream market by distribution channel, 2019-2029
Table Guatemala ice cream market share (%), by companies, 2019-2023
Chart Guatemala ice cream market, by companies, 2023
Table Guatemala ice cream market share (%), by brands, 2019-2023
Chart Guatemala ice cream market, by brands, 2023
Table Guatemala – population (millions) and forecast
Table Guatemala – consumer price index (CPI) and forecast
Table Guatemala – gross domestic product and forecast
Table Guatemala ice cream market: spend as a proportion of GDP (%)
Table Guatemala ice cream market: consumption per capita (population)