| Product Code: ETC5828347 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s import shipments of milk chocolate in 2024 continued to be dominated by top exporting countries such as the USA, Mexico, Germany, Belgium, and Colombia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a remarkable compound annual growth rate (CAGR) of 59.29% from 2020 to 2024, the industry experienced significant expansion. The growth rate of 8.99% from 2023 to 2024 suggests continued momentum in the market, showcasing the strong demand for milk chocolate imports in Guatemala.

In the Latin America region, the Milk Chocolate market in Guatemala is projected to expand at a growing growth rate of 8.23% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Milk Chocolate Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Milk Chocolate Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Milk Chocolate Market - Industry Life Cycle |
3.4 Guatemala Milk Chocolate Market - Porter's Five Forces |
3.5 Guatemala Milk Chocolate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Milk Chocolate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Guatemala Milk Chocolate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Milk Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and high-quality chocolate products |
4.2.2 Growing awareness about the health benefits of consuming dark chocolate |
4.2.3 Rising disposable income leading to higher spending on indulgent treats |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as cocoa beans |
4.3.2 Intense competition from other confectionery products |
4.3.3 Health concerns related to sugar and fat content in chocolate products |
5 Guatemala Milk Chocolate Market Trends |
6 Guatemala Milk Chocolate Market Segmentations |
6.1 Guatemala Milk Chocolate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Milk Chocolate Market Revenues & Volume, By Nuts Milk Chocolate, 2021-2031F |
6.1.3 Guatemala Milk Chocolate Market Revenues & Volume, By Liqueur Milk Chocolate, 2021-2031F |
6.1.4 Guatemala Milk Chocolate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guatemala Milk Chocolate Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Milk Chocolate Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Guatemala Milk Chocolate Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Guatemala Milk Chocolate Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 Guatemala Milk Chocolate Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Guatemala Milk Chocolate Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guatemala Milk Chocolate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Milk Chocolate Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Guatemala Milk Chocolate Market Revenues & Volume, By Commercial, 2021-2031F |
7 Guatemala Milk Chocolate Market Import-Export Trade Statistics |
7.1 Guatemala Milk Chocolate Market Export to Major Countries |
7.2 Guatemala Milk Chocolate Market Imports from Major Countries |
8 Guatemala Milk Chocolate Market Key Performance Indicators |
8.1 Percentage increase in the consumption of dark chocolate products |
8.2 Number of new product launches in the premium chocolate segment |
8.3 Growth in the number of specialty chocolate stores in Guatemala |
9 Guatemala Milk Chocolate Market - Opportunity Assessment |
9.1 Guatemala Milk Chocolate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Milk Chocolate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Guatemala Milk Chocolate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Milk Chocolate Market - Competitive Landscape |
10.1 Guatemala Milk Chocolate Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Milk Chocolate 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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