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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…
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Home Care
Guatemala Air Freshener Market 2024
The Guatemala air freshener market is on track for a substantial increase of USD 20.7 million, indicating a compound annual growth rate (CAGR) of roughly 9.6% during the forecast period from 2024 to 2029. Guatemala’s air freshener market is growing as urbanization and rising disposable incomes drive consumer demand for home care products. Consumers in urb…
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Beverages
Guatemala Alcoholic Beverages Market 2024
The Guatemala alcoholic beverages market is expected to experience robust growth, with a projected increase of USD 1.8 billion and a compound annual growth rate (CAGR) of approximately 6.7% throughout the forecast period. Guatemala’s alcoholic beverages market is driven by a strong preference for local spirits, particularly rum and beer. The growth of the craft…
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Beverages
Guatemala Energy and Sports Drinks Market 2024
The Guatemala energy and sports drinks market is on track to grow from USD 695.8 million in 2023 to USD 1,026.8 million by 2029, with a projected CAGR of 6.7% across the forecast period. The market for energy and sports drinks is gaining momentum, particularly among the younger population that is becoming more health-conscious. The de…
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Home Appliances
Guatemala Fridges and Freezers Market 2024
The Guatemala fridges and freezers market is set for accelerated growth, with USD 177.2 million in value addition and a compound annual growth rate (CAGR) of 11%, showcasing strong upward momentum through 2029. Guatemala’s fridges and freezers market is experiencing growth due to rising urbanization and increasing household incomes. As more consumers transition to urban…
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Home Appliances
Guatemala Laundry Appliances Market 2024
The Guatemala laundry appliances market is poised for steady growth, with an expected increase of USD 42.9 million, reflecting a compound annual growth rate (CAGR) of approximately 9.7% from 2024 to 2029. In Guatemala, the home laundry appliances market is being driven by increasing urbanization and rising disposable incomes, allowing more consumers to invest in mod…
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Home Appliances
Guatemala Household Cooking Appliances Market 2024
The Guatemala household cooking appliances market is poised for steady growth, with an expected increase of USD 26.4 million, reflecting a compound annual growth rate (CAGR) of approximately 7.3% from 2024 to 2029. The household cooking appliances market in Guatemala is driven by urbanization and increasing disposable incomes. Consumers are seeking modern cooking solutions that e…
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Beverages
Guatemala Hot Drinks Market 2024
Anticipated to grow gradually, the Guatemala hot drinks market size is set to rise from USD 1,051.7 million in 2023 to USD 1,361.7 million by 2029, achieving a CAGR of 4.4% throughout the forecast period. In Guatemala, the hot drinks market is shaped by its reputation as a coffee-producing nation, with an emphasis on high-q…
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Beverages
Guatemala Sports Drinks Market 2024
The Guatemala sports drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 86.8 million and a compound annual growth rate (CAGR) of approximately 5.4% from 2024 to 2029. Guatemala’s sports drinks market is driven by a youthful demographic increasingly drawn to fitness and active lifestyles. Rising disposable incomes and the ex…
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Personal Care Products
Guatemala Personal Care Appliances Market 2024
Bolstered by favorable market conditions, the Guatemala personal care appliances sector is anticipated to see a significant rise of USD 18.1 million, marking a CAGR of nearly 10.8% during the forecast window. Guatemala’s market is expanding as rising incomes and urbanization enhance consumer access to personal care appliances. The younger population is particularly interested in gro…