| 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 |
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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