| Product Code: ETC7389663 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s crocin import market continues to show strong growth, with a CAGR of 17.03% between 2020-2024. The top exporting countries to Guatemala in 2024 include India, Mexico, Spain, Germany, and Argentina. Despite the increasing number of suppliers, the market remains highly competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. The growth rate from 2023 to 2024 at 9.41% suggests a positive trend in the demand for crocin imports in Guatemala, indicating potential opportunities for both suppliers and businesses in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Crocin Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Crocin Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Crocin Market - Industry Life Cycle |
3.4 Guatemala Crocin Market - Porter's Five Forces |
3.5 Guatemala Crocin Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Guatemala Crocin Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.7 Guatemala Crocin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guatemala Crocin Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Guatemala Crocin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of crocin consumption |
4.2.2 Growing demand for natural and organic ingredients in food and pharmaceutical industries |
4.2.3 Rise in disposable income leading to higher spending on wellness and healthcare products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in crocin production |
4.3.2 Stringent regulations and quality standards in the pharmaceutical industry |
4.3.3 Limited availability of crocin due to seasonal variations in saffron production |
5 Guatemala Crocin Market Trends |
6 Guatemala Crocin Market, By Types |
6.1 Guatemala Crocin Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Crocin Market Revenues & Volume, By Purity, 2021- 2031F |
6.1.3 Guatemala Crocin Market Revenues & Volume, By Purity >98%, 2021- 2031F |
6.1.4 Guatemala Crocin Market Revenues & Volume, By Purity <98%, 2021- 2031F |
6.2 Guatemala Crocin Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Crocin Market Revenues & Volume, By Pain, 2021- 2031F |
6.2.3 Guatemala Crocin Market Revenues & Volume, By Pyrexia (Fever), 2021- 2031F |
6.3 Guatemala Crocin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Crocin Market Revenues & Volume, By Food, 2021- 2031F |
6.3.3 Guatemala Crocin Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.3.4 Guatemala Crocin Market Revenues & Volume, By Drug, 2021- 2031F |
6.3.5 Guatemala Crocin Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Guatemala Crocin Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Crocin Market Revenues & Volume, By Hospital Pharmacy, 2021- 2031F |
6.4.3 Guatemala Crocin Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.4.4 Guatemala Crocin Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Crocin Market Import-Export Trade Statistics |
7.1 Guatemala Crocin Market Export to Major Countries |
7.2 Guatemala Crocin Market Imports from Major Countries |
8 Guatemala Crocin Market Key Performance Indicators |
8.1 Consumer awareness and perception of crocin health benefits |
8.2 Number of new product launches containing crocin |
8.3 Research and development investments in enhancing crocin extraction and purification technologies |
9 Guatemala Crocin Market - Opportunity Assessment |
9.1 Guatemala Crocin Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Guatemala Crocin Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.3 Guatemala Crocin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guatemala Crocin Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Guatemala Crocin Market - Competitive Landscape |
10.1 Guatemala Crocin Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Crocin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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