Projections for the Panama snacks market suggest a promising growth trajectory, with an anticipated rise of USD 160.3 million and a compound annual growth rate (CAGR) nearing 5.8% over the next five years. In Panama, the snacks market is experiencing growth, driven by urbanization, rising disposable incomes, and changing consumption patterns. Busy urban lifestyles in cities like Panama City are driving demand for on-the-go snacks such as chips, cookies, and energy bars. As consumers become more health-conscious, there is a shift toward healthier snack options, including low-calorie, high-protein, or gluten-free alternatives. Furthermore, international snack brands are becoming more prevalent in Panama, increasing the range of snack choices available to consumers and encouraging a greater variety of flavor preferences.
This report presents a detailed overview of the Panama snacks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the snacks industry.
Market Segmentation
The Panama snacks market is structured as follows:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The snacks market in the Panama is segmented by product type and distribution channel. In terms of product type, the market is segmented into confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
Within the competitive landscape, significant companies profiled in the report include The Hershey Company, Sociedad de Alimentos de Primera S.A. (Bonlac), Productos Alimenticios Pascual S.A., PepsiCo Inc., Nestle S.A., Mondelez International Inc., Mars Incorporated, Kellanova, John B. Sanfilippo & Son Inc., Hormel Foods Corp., Grupo Nutresa S.A., Grupo K (Industrias Lacteas S.A. ), Grupo Arcor S.A., General Mills Inc., Ferrero International S.A., Cooperativa de Productores de Leche Dos Pinos R.L., Comercializadora CMC Investment y Cia Ltda, Colombina SA and Borden Dairy Company.
The report provides a detailed assessment of prominent companies within the snacks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Panama snacks market.
Gain in-depth analysis and forecasts for the key segments of the Panama snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Panama snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Panama snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Panama Snacks Market – Product Type Analysis
Panama Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Sociedad de Alimentos de Primera S.A. (Bonlac)
– Productos Alimenticios Pascual S.A.
– PepsiCo, Inc.
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Kellanova
– John B. Sanfilippo & Son, Inc.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Panama Snacks Market 2020-2030
Chart Panama Snacks Market, Net Growth, 2020-2030
Chart Panama Snacks Market, Growth Rates, 2020-2030
Table Panama Snacks Market by Product Type, 2020-2030
Chart Panama Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Panama Snacks Market by Product Type, 2020-2030
Table Panama Snacks Market by Distribution Channel, 2020-2030
Chart Panama Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Panama Snacks Market by Distribution Channel, 2020-2030
Table Panama Snacks Market Share (%), by Companies, 2020-2024
Chart Panama Snacks Market, by Companies, 2024
Table Panama Snacks Market Share (%), by Brands, 2020-2024
Chart Panama Snacks Market, by Brands, 2024
Table Panama – Population (Millions) and Forecast
Table Panama – Consumer Price Index (CPI) and Forecast
Table Panama – Gross Domestic Product and Forecast
Table Panama Snacks Market: Spend as a Proportion of GDP (%)
Table Panama Snacks Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Sociedad de Alimentos de Primera S.A. (Bonlac)
Productos Alimenticios Pascual S.A.
PepsiCo, Inc.
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Kellanova
John B. Sanfilippo & Son, Inc.
Hormel Foods Corp.
Grupo Nutresa S.A.
Grupo K (Industrias Lacteas, S.A. )
Grupo Arcor S.A.
General Mills, Inc.
Ferrero International S.A.
Cooperativa de Productores de Leche Dos Pinos R.L.
Comercializadora CMC Investment y Cia Ltda
Colombina SA
Borden Dairy Company