| Product Code: ETC4657700 | 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`s plant extracts import market in 2024 saw a shift in concentration from moderate to low, attracting top suppliers like Uruguay, Mexico, China, Thailand, and Italy. The impressive Compound Annual Growth Rate (CAGR) of 18.07% from 2020 to 2024 indicates a thriving industry. Notably, the growth rate surged by 29.67% in 2024, reflecting a rapidly expanding market with diverse sourcing options. This data suggests a promising outlook for Guatemala`s plant extracts import sector, with opportunities for further expansion and market diversification.

The Plant Extracts market in Guatemala is projected to grow at a stable growth rate of 0.50% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

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 Plant Extracts Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Plant Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Plant Extracts Market - Industry Life Cycle |
3.4 Guatemala Plant Extracts Market - Porter's Five Forces |
3.5 Guatemala Plant Extracts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Plant Extracts Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Guatemala Plant Extracts Market Revenues & Volume Share, By Source Types, 2021 & 2031F |
4 Guatemala Plant Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of plant extracts for health and wellness |
4.2.2 Rising demand for natural and organic products in the beauty and cosmetics industry |
4.2.3 Growing interest in traditional herbal remedies and alternative medicine practices |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials due to factors such as climate change and deforestation |
4.3.2 Lack of standardized regulations and quality control measures in the plant extracts industry |
4.3.3 High competition from synthetic alternatives and other natural ingredients |
5 Guatemala Plant Extracts Market Trends |
6 Guatemala Plant Extracts Market Segmentations |
6.1 Guatemala Plant Extracts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Plant Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.1.3 Guatemala Plant Extracts Market Revenues & Volume, By Essential oils, 2021-2031F |
6.1.4 Guatemala Plant Extracts Market Revenues & Volume, By Flavors & fragrances, 2021-2031F |
6.1.5 Guatemala Plant Extracts Market Revenues & Volume, By Phytomedicines & herbal extracts, 2021-2031F |
6.2 Guatemala Plant Extracts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Plant Extracts Market Revenues & Volume, By Pharmaceuticals & dietary supplements, 2021-2031F |
6.2.3 Guatemala Plant Extracts Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.2.4 Guatemala Plant Extracts Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Guatemala Plant Extracts Market Revenues & Volume, By Others? , 2021-2031F |
6.3 Guatemala Plant Extracts Market, By Source Types |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Plant Extracts Market Revenues & Volume, By Leaves, 2021-2031F |
6.3.3 Guatemala Plant Extracts Market Revenues & Volume, By Fruits, Flowers, and Bulbs, 2021-2031F |
6.3.4 Guatemala Plant Extracts Market Revenues & Volume, By Rhizomes & roots? ? , 2021-2031F |
6.3.5 Guatemala Plant Extracts Market Revenues & Volume, By Barks & stems, 2021-2031F |
6.3.6 Guatemala Plant Extracts Market Revenues & Volume, By Others? , 2021-2031F |
7 Guatemala Plant Extracts Market Import-Export Trade Statistics |
7.1 Guatemala Plant Extracts Market Export to Major Countries |
7.2 Guatemala Plant Extracts Market Imports from Major Countries |
8 Guatemala Plant Extracts Market Key Performance Indicators |
8.1 Sustainability practices implemented in the sourcing and production of plant extracts |
8.2 Research and development investment in innovative extraction technologies |
8.3 Number of partnerships and collaborations with local farmers and communities for sourcing raw materials |
9 Guatemala Plant Extracts Market - Opportunity Assessment |
9.1 Guatemala Plant Extracts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Plant Extracts Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Guatemala Plant Extracts Market Opportunity Assessment, By Source Types, 2021 & 2031F |
10 Guatemala Plant Extracts Market - Competitive Landscape |
10.1 Guatemala Plant Extracts Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Plant Extracts 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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