FOOD AND BEVERAGES

The food and beverage industry is the country's main industrial activity, accounting for 43% of GDP/Industrial and ranking fifth in economic importance.

SnacksSaucesJellies

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Exports in the sector

With a significant growth since 2021, the performance in this market is showing an important opportunity to invest in new projects or expand into additional markets around the world that Guatemalan exports are capturing.

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Exports in 2024

Exports of the sub-sector represent approximately 18% of the country's total exportable supply.

Markets in 2024

The markets supplied are very stable over time and there is the potential to reach new markets year after year.

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Local market value in 2024

The size of the food and beverage market represents about 6% of national GDP and 43% of industrial GDP.

Direct jobs in 2024

Over the past decade, the sector in Guatemala has contributed an average of 9% to 11% to the country's GDP.

WHY INVEST IN

Food and Beverages

It is Central America's largest market, with a young population and possible new consumption patterns due to a developing middle class with higher purchasing power.
Proximity to North America and easy access to its markets and Cargo terminals on both the Pacific and Atlantic seas.
Because of the technology utilized by sugar mills, the sugar sector is ranked first in the world in terms of efficiency and productivity.
Raw material availability: Because of the range of agricultural goods cultivated in Guatemala, processing is easier and prices are lowered.

Investment opportunities

Products

Palm oil, Biscuits and bakery products, Prepared sauces, other beverages, Palm kernel oil, Refined palm oil, Confectionery, Soups, Carbonated/sweetened waters, other bakery products

Growth of the following products in the last 5 years:

Snacks
Sauces
Jellies

Success Stories

With over 50 years of presence in the nation, the Swiss company opened its largest distribution center of the region in Guatemala. The country provides a competitive advantage for the firm owing to its location, and as a result, it continues to trust and invest in order to consolidate its position as a leading nutrition company.

Part of AB-InBev group (Brazil), the world's largest brewing firm; AmBev came in Guatemala in 2003 as part of a collaboration with the company Central American Bottling Corporation - CBC. After 19 years, the company continues to reinforce its commitment to Guatemala, ranking among the top ten corporations in the area in 2022, according to Summa magazine.

With the establishment of a facility in Chimaltenango in 1990, Guatemala became the first operation outside of Mexico. Grupo Bimbo solidified its position as the world's largest bakery firm in 2011, with operations in the United States, Latin America, Europe, and Asia. Bimbo Guatemala is now one of the country's largest and most recognizable corporations. It comprises a primary distribution center, 16 sales and supply centers, a manufacturing factory, and over 1,500 individuals working every day to feed a better world.