COMPETITIVE LANDSCAPE
Leading brands focus on convenience and nutritional value
Central de Alimentos SA remains the leading company in other hot drinks, underpinned by the strong cultural relevance of its flagship brand, Incaparina. This plant-based drink - made primarily from soy and maize and traditionally prepared as atole - has deep pre-Hispanic roots and continues to be consumed across the country, particularly at breakfast.
Choco Panda gains traction
The most dynamic player in the other hot drinks category is Chocolates Best de Guatemala SA, through its Choco Panda brand. Specialising in chocolate-based flavoured powder beverages, Choco Panda has gained traction thanks in part to its Econopack line, offered in 200g doypacks, designed to appeal to price-conscious consumers.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Guatemala with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Other Hot Drinks industry in Guatemala, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Other Hot Drinks in Guatemala report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Other Hot Drinks in Guatemala?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Guatemala?
- What are the traditional preferences in Other Hot Drinks in Guatemala? To what extent are these tastes changing amidst increasing international influence and the growth of chained cafés?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Other Hot Drinks in Guatemala?
- Which are the leading brands in Other Hot Drinks in Guatemala?
- How are products distributed in Other Hot Drinks in Guatemala?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Other Hot Drinks?
- Where is future growth expected to be most dynamic?
Other Hot Drinks in Guatemala - Category analysis
KEY DATA FINDINGS
Other hot drinks face pressure from coffee and RTD offerings
Other hot drinks lose ground to coffee and more convenient alternatives
Flavoured powder drinks leads growth
Other hot drinks will be impacted by Guatemalans' growing preference for RTD beverages and a declining birth rate
Innovations balance nutritional functionality with indulgence
Sustainability and health will be key growth drivers in other plant-based hot drinks
Leading brands focus on convenience and nutritional value
Choco Panda gains traction
Small local grocers remains key channel for other hot drinks, especially affordable atole
Supermarket and hypermarket chains continue to expand
Hot Drinks in Guatemala - Industry Overview
Guatemalans balance affordability with premium choices
KEY DATA FINDINGS
Positive economic conditions fuel value growth but consumers remain price sensitive
Affordability continues to shape coffee purchasing habits although premium variants gain traction
Innovation in cold, functional and origin-driven hot drinks targets younger generations
Coffee will see sustained demand, thanks to development of local production
Tea will benefit from wellness focus
Flavoured powder drinks will struggle to maintain relevance
Nestlé strengthens its leadership through affordability-driven strategy
Walmart gains ground as value-seeking intensifies, while branded players strengthen emotional and quality-led strategies
Small local grocers continue to lead sales
Convenience stores show dynamism
Foodservice vs retail split
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Other Hot Drinks
-
- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Other Hot Drinks research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!