Guatemala Spirits Market 2024

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The Guatemala spirits market is on track to grow from USD 616.4 million in 2023 to USD 930.2 million by 2029, with a projected CAGR of 7.1% across the forecast period. Guatemala’s spirits market is anchored by its renowned rum production, particularly high-quality aged rums. Urbanization and the rising middle class are fueling demand for premium and international spirits such as whiskey and tequila. The country’s vibrant tourism sector, combined with growing interest in artisanal and craft spirits, is further boosting the market.

The report offers a comprehensive evaluation of the Guatemala spirits market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the spirits industry.


Market Segmentation


The Guatemala spirits market is classified into the following segments:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, others

In Guatemala, the spirits market is segmented by product type and distribution channel. The market is classified by product type into brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, and others.


Competitive Landscape


The competitive landscape of the industry has been analyzed, featuring profiles of major players such as William Grant & Sons Ltd., Pernod Ricard Group, Industrias Licoreras de Guatemala, Diageo plc, Davide Campari-Milano S.p.A., Coca-Cola HBC AG, Brown-Forman Corporation, Becle S.A.B. de C.V., Barcelo International S.A. and Bacardi Limited.

This analysis offers a comprehensive overview of the main players in the spirits market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Guatemala spirits market.
Gain in-depth analysis and forecasts for the key segments of the Guatemala spirits market: product 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 spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Guatemala spirits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Guatemala Spirits Market – Product Type Analysis
Guatemala Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Pernod Ricard Group
– Industrias Licoreras de Guatemala
– Diageo plc
– Davide Campari-Milano S.p.A.
– Coca-Cola HBC AG
– Brown-Forman Corporation
– Becle, S.A.B. de C.V.
– Barcelo International S.A.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Guatemala Spirits Market 2019-2029
Chart Guatemala Spirits Market, Net Growth, 2019-2029
Chart Guatemala Spirits Market, Growth Rates, 2019-2029
Table Guatemala Spirits Market by Product Type, 2019-2029
Chart Guatemala Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Spirits Market by Product Type, 2019-2029
Table Guatemala Spirits Market by Distribution Channel, 2019-2029
Chart Guatemala Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Guatemala Spirits Market by Distribution Channel, 2019-2029
Table Guatemala Spirits Market Share (%), by Companies, 2019-2023
Chart Guatemala Spirits Market, by Companies, 2023
Table Guatemala Spirits Market Share (%), by Brands, 2019-2023
Chart Guatemala Spirits 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 Spirits Market: Spend as a Proportion of GDP (%)
Table Guatemala Spirits Market: Consumption per Capita (Population)


Companies Mentioned


William Grant & Sons Ltd.
Pernod Ricard Group
Industrias Licoreras de Guatemala
Diageo plc
Davide Campari-Milano S.p.A.
Coca-Cola HBC AG
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Barcelo International S.A.
Bacardi Limited


Product Type

Industry Statistics

Region

Latin America

Published Date

2024

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