The Guatemala chocolate confectionery market is poised for steady growth, with an expected increase of USD 70.0 million, reflecting a compound annual growth rate (CAGR) of approximately 5.3% from 2024 to 2029. Guatemala’s chocolate confectionery market is growing as increasing urbanization and rising disposable incomes lead to a greater demand for premium chocolates. As a key cocoa producer, Guatemala benefits from a growing domestic preference for high-quality, locally produced chocolates. Additionally, the tradition of gifting chocolates during major holidays such as Christmas and the celebration of indigenous festivals supports seasonal demand, driving market growth.
The report delivers an in-depth analysis of the Guatemala chocolate confectionery industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the chocolate confectionery market.
Market Segmentation
The following outlines the segmentation of the Guatemala chocolate confectionery market:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, others
The Guatemala chocolate confectionery market is segmented by product type, type and distribution channel. By product type, the market features boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type segments are divided into regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, and others.
Competitive Landscape
Key players in the Guatemala chocolate confectionery market include The Hershey Company, Nestle S.A., Mondelez International Inc., Mars Incorporated, Grupo Arcor S.A., Ferrero International S.A., Fabrica Granada SA, Empresas Carozzi S.A., Chocolateria Zurich SA and Best de Guatemala S.A.
This report delivers an in-depth examination of leading companies in the chocolate confectionery sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Guatemala chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Guatemala chocolate confectionery market: product type, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Guatemala chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Guatemala Chocolate Confectionery Market – Product Type Analysis
Guatemala Chocolate Confectionery Market – Type Analysis
Guatemala Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Grupo Arcor S.A.
– Ferrero International S.A.
– Fabrica Granada, SA
– Empresas Carozzi S.A.
– Chocolateria Zurich, SA
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Guatemala Chocolate Confectionery Market 2019-2029
Chart Guatemala Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Guatemala Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Guatemala Chocolate Confectionery Market by Product Type, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Product Type, 2019-2029
Table Guatemala Chocolate Confectionery Market by Type, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Type, 2019-2029
Table Guatemala Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Guatemala Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Guatemala Chocolate Confectionery Market, by Companies, 2023
Table Guatemala Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Guatemala Chocolate Confectionery 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 Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Guatemala Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Grupo Arcor S.A.
Ferrero International S.A.
Fabrica Granada, SA
Empresas Carozzi S.A.
Chocolateria Zurich, SA
Best de Guatemala, S.A.