Staple foods in 2024: The big picture
In 2024, staples foods are expected to register moderate current value growth, though constant value sales are expected to fall marginally, as high costs continue to hit profitability. Volumes are expected to rise, supported by continuing population growth.
Key trends in 2024
Competitive Landscape
Domestic player Embutidos Bremen SA remains the leading player in staples in4. The company has a leading position in processed meat, seafood and alternatives to meat where it offers a wide portfolio of affordable products under its leading brand Bremen, which is available in both traditional and modern grocery retailers.
Channel developments
Small local grocers continue to account for most value sales, with value share having remained steady over the review period. The small local grocer often offers the lower priced brands and this appeals to price sensitive consumers.
What next for staple foods?
There will be stable growth over the forecast period, as inflation will be less of an issue. Continuing population growth will also support increasing volume sales.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax 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 Staple Foods 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Staple Foods 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 Staple Foods 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 Staple Foods in Guatemala?
- Which are the leading brands in Staple Foods in Guatemala?
- How are products distributed in Staple Foods in Guatemala?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Staple Foods?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Guatemala?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Staple Foods in Guatemala
Staple foods in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for staple foods?
DISCLAIMER
Baked Goods in Guatemala
KEY DATA FINDINGS
High costs cut into profitability
Packaged leavened bread registers higher volume growth than unpackaged
Artisanal products dominate, with leading branded player being Bimbo
Private label gains value share
Growing interest in healthier offerings
Modern grocery retailers focus on non-traditional offerings
Breakfast Cereals in Guatemala
KEY DATA FINDINGS
Fall in constant value sales in 2024
Increasing offerings of bigger sizes and lower quality packaging in bid to lower costs and prices
Kellogg maintains its lead
Increasing focus on health credentials
Packaging used as a way of adding value
Assorted boxes see growth
Processed Fruit and Vegetables in Guatemala
KEY DATA FINDINGS
Shelf stable beans continue to account for most value and volume sales
Growing offerings of frozen fruit, though value sales still negligible
Stable demand for canned vegetables
Private label will gain value share
Space for further expansion
Glass presentations seen as more premium
Processed Meat, Seafood and Alternatives To Meat in Guatemala
KEY DATA FINDINGS
Stable performance in 2024
Tuna performs strongly in 2024
Local player Bremen continues to lead
Further expansion in frozen offerings
Price continues to be key driver of sales
Players focus on healthier positioning
Rice, Pasta and Noodles in Guatemala
KEY DATA FINDINGS
Rice accounts for most value sales
Imported Italian pasta brands continue to grow in popularity
Availability of noodle flavours and brands expands
Value for money continues to drive sales
Potential demand for more premium ethnic offerings
In spite of health concerns, instant noodles continues to register healthy growth
The following categories and subcategories are included:
Staple Foods
-
-
-
- Packaged Flat Bread
- Unpackaged Flat Bread
-
- Packaged Leavened Bread
- Unpackaged Leavened Bread
-
-
- Packaged Cakes
- Unpackaged Cakes
- Dessert Mixes
- Frozen Baked Goods
-
- Packaged Pastries
- Unpackaged Pastries
-
- Sweet Pies and Tarts
- Frozen Cakes, Sweet Pies and Tarts
-
-
- Hot Cereals
-
- Children's Breakfast Cereals
-
- Flakes
- Muesli and Granola
- Other RTE Cereals
-
-
- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
-
- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
-
-
-
-
- Shelf Stable Processed Red Meat
- Shelf Stable Processed Poultry
-
- Chilled Processed Red Meat
- Chilled Processed Poultry
-
- Frozen Processed Red Meat
- Frozen Processed Poultry
-
-
- Shelf Stable Seafood
- Chilled Processed Seafood
- Frozen Processed Seafood
-
- Chilled Meat and Seafood Substitutes
- Frozen Meat and Seafood Substitutes
- Shelf Stable Meat and Seafood Substitutes
- Tofu and Derivatives
-
-
-
- Chilled Noodles
- Frozen Noodles
-
- Instant Noodle Cups
- Instant Noodle Pouches
- Plain Noodles
-
- Chilled Pasta
- Dried Pasta
- Rice
-
Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
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 Staple Foods 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!