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Alcoholic Drinks
Guatemala Spirits Market 2024
Forecasted to grow at a moderate pace, the Guatemala spirits market size is expected to reach USD 930.2 million by 2029, up from USD 616.4 million in 2023, resulting in a CAGR of 7.1%. Guatemala’s spirits market is anchored by its renowned rum production, particularly high-quality aged rums. Urbanization and the rising middle class are fu…
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Tissue and Hygiene
Guatemala Menstrual Hygiene Products Market 2024
The Guatemala menstrual hygiene products market is anticipated to witness significant growth, with an expected uptick of USD 34.9 million, equating to a compound annual growth rate (CAGR) of about 7.3% in the coming years. In Guatemala, the demand for menstrual hygiene products is supported by rising awareness campaigns aimed at young women and girls….
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Home Care
Guatemala Laundry Care Market 2024
Projections for the Guatemala laundry care market suggest a promising growth trajectory, with an anticipated rise of USD 170.6 million and a compound annual growth rate (CAGR) nearing 8% over the next five years. Guatemala’s laundry care market growth is fueled by higher disposable incomes and the adoption of modern laundry practices in urban areas….
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Healthcare and Medical
Guatemala Traditional Wound Care Market 2024
The Guatemala traditional wound care market is set for modest growth, projected to expand at a compound annual growth rate (CAGR) of approximately 3.9% over the forecast period from 2024 to 2029. Guatemala’s traditional wound care market is driven by its large rural population, which relies heavily on cost-effective products like bandages and gauze for mi…
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Beverages
Guatemala RTD Coffee Market 2024
Incremental growth of USD 11.5 million is anticipated in the Guatemala RTD coffee market, which will expand at a CAGR of approximately 4.8% over the forecast period spanning 2024 to 2029. Guatemala’s RTD coffee market is growing as younger, urban consumers increasingly seek out convenient coffee options. With a well-established coffee culture and strong intern…
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Personal Care Products
Guatemala Beauty and Personal Care Products Market 2024
The Guatemala beauty and personal care products market is poised for moderate growth, projected to increase from USD 1,773.7 million in 2023 to USD 2,559.1 million by 2029, achieving a CAGR of 6.3% during the forecast period. Guatemala’s beauty and personal care market is experiencing steady growth, with increasing consumer awareness of skincare products, especi…
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Home Care
Guatemala Household Insecticides Market 2024
The Guatemala household insecticides market is on track for a substantial increase of USD 23.2 million, indicating a compound annual growth rate (CAGR) of roughly 7.5% during the forecast period from 2024 to 2029. In Guatemala, the warm and humid environment necessitates consistent use of household insecticides, especially for combating mosquito-borne illnesses. Urbanization and improv…
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Dairy Products
Guatemala Plant-based Dairy Market 2024
Projected for accelerated expansion, the Guatemala plant-based dairy market is likely to register a CAGR of approximately 10.2% during the 2024-2029 period, fueled by innovation and consumer preferences. Guatemala’s plant-based dairy market is seeing moderate growth as urban consumers focus more on health and lactose intolerance issues. Western dietary influences are making an impact, with y…
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Beverages
Guatemala RTD Tea Market 2024
The Guatemala RTD tea market is anticipated to witness significant growth, with an expected uptick of USD 43.0 million, equating to a compound annual growth rate (CAGR) of about 7.8% in the coming years. In Guatemala, the RTD tea market is experiencing growth due to a shift toward healthier drink options. Consumers are increasingly becomi…
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Beverages
Guatemala Black Tea Market 2024
The Guatemala black tea market is expected to realize a modest increase of USD 1.0 million, demonstrating a CAGR of about 4.5% during the forecast period from 2024 to 2029. Guatemala’s black tea market is largely driven by urbanization and changing consumption patterns, as the younger population becomes more interested in health-conscious alternatives to tradit…
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Beverages
Guatemala Soft Drink Concentrates Market 2024
Incremental growth of USD 36.6 million is anticipated in the Guatemala soft drink concentrates market, which will expand at a CAGR of approximately 3.8% over the forecast period spanning 2024 to 2029. In Guatemala, demand for affordable and convenient beverage options drives growth in the soft drink concentrates market. High year-round temperatures encourage consistent consum…
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Food
Guatemala Noodles Market 2024
The Guatemala noodles sector is poised for a dynamic growth phase, anticipating an increase of USD 14.2 million and a compound annual growth rate (CAGR) of approximately 7.6% from 2024 to 2029. In Guatemala, the noodles market is driven by the demand for convenient and inexpensive meal options. Instant noodles are the dominant product, with t…