Vegan cheese brands will slowly emerge in the coming years although driving growth at a slower pace than was seen during the review period. There are still relatively few vegan cheese brands in the country, but as appetite for plant-based cheese evolves more brands are expected.
Almond seems to be the plant-based beverage of choice in Guatemala. Other alternatives haven’t developed and leading players such as Silk are innovating with almond drinks.
Plant-based dairy alternatives are premium priced products and thus will only appeal to mid- and high-income consumers in the country. Products typically cost up to twice the price of dairy alternatives so these products will be unaffordable for a large part of the population on low incomes.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Guatemala with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)See All of Our Definitions
This report originates from Passport, our Plant-based Dairy research and analysis database.
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