| Product Code: ETC4849753 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | 
Guyana`s ghee import market in 2024 saw a significant increase in shipments, with top exporting countries including Malaysia, USA, Suriname, Pakistan, and India. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a dominant presence of these key exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 20.84%, showcasing a growing demand for ghee in Guyana. Moreover, the growth rate from 2023 to 2024 spiked at 475.95%, underlining the rapid expansion of the market within a short period.
The Ghee market in Guyana is projected to grow at a exponential growth rate of 58.23% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The ghee market in Guyana is driven by its use in cooking, baking, and traditional dishes. Ghee is valued for its rich flavor, long shelf life, and potential health benefits, making it a staple in many households.
The Guyana Ghee market is growing as a result of the increasing consumer preference for natural and traditional dairy products. Ghee, a clarified butter widely used in cooking, is gaining popularity due to its perceived health benefits, including better digestion and higher smoke point compared to other oils. The rising awareness of healthy eating and the growing adoption of ethnic and traditional cooking methods in Guyana are contributing to the demand for ghee. Additionally, ghee is used in the preparation of various local dishes, further driving its consumption in the region.
The ghee market in Guyana is constrained by several challenges, including limited local production and the high cost of importing ghee, which makes it less affordable for consumers. Additionally, there is a lack of widespread awareness of the health benefits and culinary uses of ghee, which limits its demand. The market faces competition from other cooking oils and fats, which are often more readily available and less expensive. Furthermore, the small size of the local dairy industry and limited supply of high-quality milk restrict the potential for large-scale ghee production in the country.
The government of Guyana is focusing on expanding its food production sector, and ghee is an important part of this strategy. Policies are in place to encourage the local production of ghee, particularly for use in both domestic consumption and export markets. The government supports the dairy sector, offering incentives for the establishment of modern ghee production facilities and ensuring high standards of food safety. Additionally, there are efforts to promote the health benefits of ghee as part of Guyanas broader nutritional and food security initiatives.
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 Guyana Ghee Market Overview  | 
3.1 Guyana Country Macro Economic Indicators  | 
3.2 Guyana Ghee Market Revenues & Volume, 2021 & 2031F  | 
3.3 Guyana Ghee Market - Industry Life Cycle  | 
3.4 Guyana Ghee Market - Porter's Five Forces  | 
3.5 Guyana Ghee Market Revenues & Volume Share, By Source, 2021 & 2031F  | 
3.6 Guyana Ghee Market Revenues & Volume Share, By End-use, 2021 & 2031F  | 
3.7 Guyana Ghee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F  | 
4 Guyana Ghee Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing consumer awareness about the health benefits of ghee  | 
4.2.2 Growing demand for natural and organic food products  | 
4.2.3 Rising disposable income and changing lifestyle preferences in Guyana  | 
4.3 Market Restraints  | 
4.3.1 Price volatility of raw materials like milk or butter  | 
4.3.2 Competition from substitute products like cooking oils  | 
4.3.3 Regulatory challenges in terms of food safety standards and certifications  | 
5 Guyana Ghee Market Trends  | 
6 Guyana Ghee Market Segmentations  | 
6.1 Guyana Ghee Market, By Source  | 
6.1.1 Overview and Analysis  | 
6.1.2 Guyana Ghee Market Revenues & Volume, By Cow, 2021-2031F  | 
6.1.3 Guyana Ghee Market Revenues & Volume, By Buffalo, 2021-2031F  | 
6.1.4 Guyana Ghee Market Revenues & Volume, By Mixed, 2021-2031F  | 
6.2 Guyana Ghee Market, By End-use  | 
6.2.1 Overview and Analysis  | 
6.2.2 Guyana Ghee Market Revenues & Volume, By Retail, 2021-2031F  | 
6.2.3 Guyana Ghee Market Revenues & Volume, By Institutional, 2021-2031F  | 
6.3 Guyana Ghee Market, By Distribution Channel  | 
6.3.1 Overview and Analysis  | 
6.3.2 Guyana Ghee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F  | 
6.3.3 Guyana Ghee Market Revenues & Volume, By Convenience Stores, 2021-2031F  | 
6.3.4 Guyana Ghee Market Revenues & Volume, By Specialty Stores, 2021-2031F  | 
6.3.5 Guyana Ghee Market Revenues & Volume, By Online, 2021-2031F  | 
6.3.6 Guyana Ghee Market Revenues & Volume, By Others, 2021-2031F  | 
7 Guyana Ghee Market Import-Export Trade Statistics  | 
7.1 Guyana Ghee Market Export to Major Countries  | 
7.2 Guyana Ghee Market Imports from Major Countries  | 
8 Guyana Ghee Market Key Performance Indicators  | 
8.1 Average selling price of ghee in the Guyana market  | 
8.2 Number of new product launches in the ghee segment  | 
8.3 Consumer satisfaction and repeat purchase rates for ghee products  | 
8.4 Level of market penetration in urban and rural areas  | 
8.5 Percentage growth in distribution channels for ghee products  | 
9 Guyana Ghee Market - Opportunity Assessment  | 
9.1 Guyana Ghee Market Opportunity Assessment, By Source, 2021 & 2031F  | 
9.2 Guyana Ghee Market Opportunity Assessment, By End-use, 2021 & 2031F  | 
9.3 Guyana Ghee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F  | 
10 Guyana Ghee Market - Competitive Landscape  | 
10.1 Guyana Ghee Market Revenue Share, By Companies, 2024  | 
10.2 Guyana Ghee Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |