Commodities used for feeding cows and for fertilisation around the world have faced important price increases since 2021, creating a reduction in milk production globally and in Guatemala. This has led to milk supply issues and important price increases since 2021 continuing into 2022.
Vegetable-fat beverages with mixes of dairy are increasing in demand, mainly in the traditional retail channels and in certain modern channel outlets targeted at low-income consumers. These beverages are gaining popularity due to more convenient distribution and affordable prices.
Powder milk is the Guatemalan consumer’s preferred choice of milk and it is expected to remain popular due to convenient distribution and storage. Nestlé and Dos Pinos will continue to lead and maintain organic single digit growth in the future, driven by population growth and a young population.
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Understand the latest market trends and future growth opportunities for the Drinking Milk Products industry in Guatemala with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Drinking Milk Products industry in Guatemala, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Drinking Milk Products
This is the aggregation of flavoured milk drinks, milk and powder milk. Note: Plant-based drinking milk products should be excluded from this category and tracked under plant-based milk. Except for plant-based powder milk that should be tracked within the core dairy category of powder milk.
See All of Our DefinitionsThis report originates from Passport, our Drinking Milk Products research and analysis database.
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