| Product Code: ETC5814250 | 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 |
Guyana`s shortenings import market in 2024 saw significant contributions from top exporting countries such as the USA, Jamaica, Malaysia, Trinidad and Tobago, and Singapore. Despite a negative Compound Annual Growth Rate (CAGR) of -1.8% from 2020-24 and a sharp decline in growth rate of -47.21% from 2023-24, the Herfindahl-Hirschman Index (HHI) remained at a high level, indicating a concentrated market structure. This suggests that while there may be challenges in terms of growth, the market continues to be dominated by key players, highlighting the importance of strategic partnerships and market positioning in Guyana`s shortenings import sector.

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 Shortenings Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Shortenings Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Shortenings Market - Industry Life Cycle |
3.4 Guyana Shortenings Market - Porter's Five Forces |
3.5 Guyana Shortenings Market Revenues & Volume Share, By Key Ingredient, 2021 & 2031F |
3.6 Guyana Shortenings Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Guyana Shortenings Market Revenues & Volume Share, By Variant, 2021 & 2031F |
4 Guyana Shortenings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of using shortenings in cooking and baking. |
4.2.2 Growing demand for convenience food products in Guyana. |
4.2.3 Rising disposable income leading to higher spending on premium food products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as vegetable oils impacting production costs. |
4.3.2 Regulatory challenges related to food safety standards and labeling requirements in Guyana. |
5 Guyana Shortenings Market Trends |
6 Guyana Shortenings Market Segmentations |
6.1 Guyana Shortenings Market, By Key Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Guyana Shortenings Market Revenues & Volume, By Oil, 2021-2031F |
6.1.3 Guyana Shortenings Market Revenues & Volume, By Butter, 2021-2031F |
6.1.4 Guyana Shortenings Market Revenues & Volume, By Lard, 2021-2031F |
6.1.5 Guyana Shortenings Market Revenues & Volume, By Tallow, 2021-2031F |
6.2 Guyana Shortenings Market, By Source |
6.2.1 Overview and Analysis | 6.2.2 Guyana Shortenings Market Revenues & Volume, By Vegetable, 2021-2031F |
6.2.3 Guyana Shortenings Market Revenues & Volume, By Animal, 2021-2031F |
6.3 Guyana Shortenings Market, By Variant |
6.3.1 Overview and Analysis |
6.3.2 Guyana Shortenings Market Revenues & Volume, By Solid, 2021-2031F |
6.3.3 Guyana Shortenings Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.4 Guyana Shortenings Market Revenues & Volume, By All-purpose, 2021-2031F |
6.3.5 Guyana Shortenings Market Revenues & Volume, By Cake/Icing, 2021-2031F |
7 Guyana Shortenings Market Import-Export Trade Statistics |
7.1 Guyana Shortenings Market Export to Major Countries |
7.2 Guyana Shortenings Market Imports from Major Countries |
8 Guyana Shortenings Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for Guyana shortenings brands. |
8.2 Number of new product launches and innovations in the Guyana shortenings market. |
8.3 Percentage of households in Guyana using shortenings in their daily cooking/baking activities. |
9 Guyana Shortenings Market - Opportunity Assessment |
9.1 Guyana Shortenings Market Opportunity Assessment, By Key Ingredient, 2021 & 2031F |
9.2 Guyana Shortenings Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Guyana Shortenings Market Opportunity Assessment, By Variant, 2021 & 2031F |
10 Guyana Shortenings Market - Competitive Landscape |
10.1 Guyana Shortenings Market Revenue Share, By Companies, 2024 |
10.2 Guyana Shortenings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |