The Guatemala savory snacks market is projected to expand from USD 562.3 million in 2023 to USD 932.7 million by 2029, achieving a compound annual growth rate (CAGR) of 8.8% during the period from 2024 to 2029. In Guatemala, the savory snacks market is expanding as a result of rising disposable incomes and changing consumer lifestyles, particularly in urban areas. The demand for on-the-go snack options, including chips, pretzels, and nuts, is growing rapidly, driven by busy lifestyles and increasing consumer preference for convenience. Additionally, the popularity of international snack brands is diversifying the product landscape, introducing new flavors and premium products. Healthier snacking trends are also gaining traction, with a focus on lower-fat, organic, and all-natural snacks.
The report delivers an in-depth analysis of the Guatemala savory snacks 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, packaging material and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the savory snacks market.
Market Segmentation
The following outlines the segmentation of the Guatemala savory snacks market:
Product type: corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, vegetable and pulse chips
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, others
The savory snacks market in Guatemala is segmented across product type, packaging material and distribution channel. By product type, it includes corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, and vegetable and pulse chips. Packaging material segments are categorized into flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, and others.
Competitive Landscape
The competitive landscape of the savory snacks market features leading companies such as Productos Alimenticios Diana S.A. de C.V., PepsiCo Inc., Mondelez International Inc., Kellanova, Grupo Nutresa S.A., Grupo Industrial Alimenticio S.A. (Grupo ALZA), Dinant Corp., Corporacion Multi Inversiones S.A. de CV and Alilmentos Senorial S.A.
This report delivers an in-depth examination of leading companies in the savory snacks 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 savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Guatemala savory snacks market: product type, packaging material 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 savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala savory snacks 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 Savory Snacks Market – Product Type Analysis
Guatemala Savory Snacks Market – Packaging Material Analysis
Guatemala Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Productos Alimenticios Diana, S.A. de C.V.
– PepsiCo, Inc.
– Mondelez International Inc.
– Kellanova
– Grupo Nutresa S.A.
– Grupo Industrial Alimenticio, S.A. (Grupo ALZA)
– Dinant Corp.
– Corporacion Multi Inversiones S.A. de CV
– Alilmentos Senorial, S.A.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Guatemala Savory Snacks Market 2019-2029
Chart Guatemala Savory Snacks Market, Net Growth, 2019-2029
Chart Guatemala Savory Snacks Market, Growth Rates, 2019-2029
Table Guatemala Savory Snacks Market by Product Type, 2019-2029
Chart Guatemala Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Savory Snacks Market by Product Type, 2019-2029
Table Guatemala Savory Snacks Market by Packaging Material, 2019-2029
Chart Guatemala Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Savory Snacks Market by Packaging Material, 2019-2029
Table Guatemala Savory Snacks Market by Distribution Channel, 2019-2029
Chart Guatemala Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Savory Snacks Market by Distribution Channel, 2019-2029
Table Guatemala Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Guatemala Savory Snacks Market, by Companies, 2023
Table Guatemala Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Guatemala Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Guatemala Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Productos Alimenticios Diana, S.A. de C.V.
PepsiCo, Inc.
Mondelez International Inc.
Kellanova
Grupo Nutresa S.A.
Grupo Industrial Alimenticio, S.A. (Grupo ALZA)
Dinant Corp.
Corporacion Multi Inversiones S.A. de CV
Alilmentos Senorial, S.A.