| Product Code: ETC5007224 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala continues to see a steady influx of baking powder imports, with top exporters including China, Mexico, France, USA, and Italy. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 12.83%, demonstrating sustained market expansion. Moreover, the growth rate from 2023 to 2024 is a notable 10.55%, suggesting continued momentum in the importation of baking powder into Guatemala.

In the Latin America region, the Baking Powder market in Guatemala is projected to expand at a growing growth rate of 7.65% 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 Baking Powder Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Baking Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Baking Powder Market - Industry Life Cycle |
3.4 Guatemala Baking Powder Market - Porter's Five Forces |
3.5 Guatemala Baking Powder Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guatemala Baking Powder Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala Baking Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Guatemala leading to higher spending on convenience food products like baking powder |
4.2.2 Growing population and urbanization increasing the demand for convenient baking ingredients |
4.2.3 Shift towards home baking trends and rise in baking as a hobby or a form of relaxation |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in baking powder production affecting the overall cost |
4.3.2 Intense competition among baking powder manufacturers leading to price wars and margin pressures |
4.3.3 Fluctuating consumer preferences and dietary trends impacting the demand for traditional baking powder products |
5 Guatemala Baking Powder Market Trends |
6 Guatemala Baking Powder Market Segmentations |
6.1 Guatemala Baking Powder Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Baking Powder Market Revenues & Volume, By Tartrate, 2021-2031F |
6.1.3 Guatemala Baking Powder Market Revenues & Volume, By Brown Sauce, 2021-2031F |
6.1.4 Guatemala Baking Powder Market Revenues & Volume, By Aluminum Free, 2021-2031F |
6.1.5 Guatemala Baking Powder Market Revenues & Volume, By Phosphate Free, 2021-2031F |
6.1.6 Guatemala Baking Powder Market Revenues & Volume, By Phosphate, 2021-2031F |
6.1.7 Guatemala Baking Powder Market Revenues & Volume, By Anhydrous Phosphate, 2021-2031F |
6.2 Guatemala Baking Powder Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Baking Powder Market Revenues & Volume, By Breads, 2021-2031F |
6.2.3 Guatemala Baking Powder Market Revenues & Volume, By Rolls & Pies, 2021-2031F |
6.2.4 Guatemala Baking Powder Market Revenues & Volume, By Cakes & Pastries, 2021-2031F |
6.2.5 Guatemala Baking Powder Market Revenues & Volume, By Cookies & Biscuits, 2021-2031F |
7 Guatemala Baking Powder Market Import-Export Trade Statistics |
7.1 Guatemala Baking Powder Market Export to Major Countries |
7.2 Guatemala Baking Powder Market Imports from Major Countries |
8 Guatemala Baking Powder Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for baking-related content |
8.2 Number of baking classes/workshops organized in Guatemala |
8.3 Growth in the number of bakeries and patisseries offering baked goods using baking powder |
9 Guatemala Baking Powder Market - Opportunity Assessment |
9.1 Guatemala Baking Powder Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guatemala Baking Powder Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala Baking Powder Market - Competitive Landscape |
10.1 Guatemala Baking Powder Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Baking Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |