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Snacks in Panama

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    Report

  • 38 Pages
  • July 2025
  • Region: Panama
  • Euromonitor International
  • ID: 5567308
Snacks is expected to register value and volume growth in 2025, in what is an improving economic picture. Inflation is easing (0.7% in 2024) and interest rates are also projected to be lower (2.4% in 2025). Panama leads the region's economy, with inflation in particular remaining among the lowest in the region, thanks to the monetary stability provided by dollarisation.

The Snacks in Panama report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2020-2024, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.

Product coverage: Confectionery, Ice Cream, Savoury Snacks, Sweet Biscuits, Snack Bars and Fruit Snacks.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Snacks market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

EXECUTIVE SUMMARY
  • Snacks in 2025: The big picture
  • Key trends in 2025
  • Competitive Landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 1 Sales of Snacks by Category: Volume 2020-2025
  • Table 2 Sales of Snacks by Category: Value 2020-2025
  • Table 3 Sales of Snacks by Category: % Volume Growth 2020-2025
  • Table 4 Sales of Snacks by Category: % Value Growth 2020-2025
  • Table 5 NBO Company Shares of Snacks: % Value 2021-2025
  • Table 6 LBN Brand Shares of Snacks: % Value 2022-2025
  • Table 7 Distribution of Snacks by Format: % Value 2020-2025
  • Table 8 Forecast Sales of Snacks by Category: Volume 2025-2030
  • Table 9 Forecast Sales of Snacks by Category: Value 2025-2030
  • Table 10 Forecast Sales of Snacks by Category: % Volume Growth 2025-2030
  • Table 11 Forecast Sales of Snacks by Category: % Value Growth 2025-2030
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CONFECTIONERY
  • Key Data Findings
  • 2025 Developments
  • Growth of confectionery sales as consumers allow themselves small indulgences
  • International players retain the lead in confectionery thanks to their extensive distribution networks and consumer trust in their products
  • Supermarkets and small local grocers retain the leading role in distribution of confectionery while forecourt retailers transform into multifunctional hubs
  • Prospects and Opportunities
  • Positive outlook for confectionery as consumers extend their variety, price points and product sizes
  • Larger pack sizes in boiled sweets seen over the forecast period
  • Growing international recognition of Panamanian chocolate confectionery as consumers increasingly demand premium and organic chocolate confectionery
  • Category Data
  • Table 12 Sales of Confectionery by Category: Volume 2020-2025
  • Table 13 Sales of Confectionery by Category: Value 2020-2025
  • Table 14 Sales of Confectionery by Category: % Volume Growth 2020-2025
  • Table 15 Sales of Confectionery by Category: % Value Growth 2020-2025
  • Table 16 NBO Company Shares of Confectionery: % Value 2021-2025
  • Table 17 LBN Brand Shares of Confectionery: % Value 2022-2025
  • Table 18 Forecast Sales of Confectionery by Category: Volume 2025-2030
  • Table 19 Forecast Sales of Confectionery by Category: Value 2025-2030
  • Table 20 Forecast Sales of Confectionery by Category: % Volume Growth 2025-2030
  • Table 21 Forecast Sales of Confectionery by Category: % Value Growth 2025-2030
SWEET BISCUITS, SNACK BARS AND FRUIT SNACKS
  • Sales growth of sweet biscuits, snack bars and fruit snacks as sweet biscuits remains by far the most popular
  • Productos Alimenticios Pascual SA retains the lead in sweet biscuits, snack bars and fruit snacks
  • Supermarkets and small local grocers remain the leading channels for sweet biscuits, snack bars and fruit snacks
  • New flavours ensure continued consumer interest in sweet biscuits, snack bars and fruit snacks over the forecast period
  • Growing role of retail e-commerce thanks to its broader assortment and effective strategic marketing
  • Industry players create healthier options, including those designed to especially appeal to children
  • Table 22 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2020-2025
  • Table 23 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2020-2025
  • Table 24 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2020-2025
  • Table 25 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2020-2025
  • Table 26 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2021-2025
  • Table 27 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2022-2025
  • Table 28 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2025-2030
  • Table 29 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2025-2030
  • Table 30 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2025-2030
  • Table 31 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2025-2030
ICE CREAM
  • Growth in ice cream sales in 2025, supported by hot weather and an increase in brand variety
  • Industrias Lácteas SA and its Estrella Azul brand lead in ice cream in 2025
  • Consumers continue to favour supermarkets to fulfil their ice-cream requirements, while retail e-commerce experiences growth
  • Moderate forecast period growth of ice cream as consumers demand indulgence
  • Growing influence of the internet in setting trends in ice cream over the forecast period
  • Growing demand for plant-based ice cream thanks to the growing popularity of dairy-free milk
  • Table 32 Sales of Ice Cream by Category: Volume 2020-2025
  • Table 33 Sales of Ice Cream by Category: Value 2020-2025
  • Table 34 Sales of Ice Cream by Category: % Volume Growth 2020-2025
  • Table 35 Sales of Ice Cream by Category: % Value Growth 2020-2025
  • Table 36 NBO Company Shares of Ice Cream: % Value 2021-2025
  • Table 37 LBN Brand Shares of Ice Cream: % Value 2022-2025
  • Table 38 Forecast Sales of Ice Cream by Category: Volume 2025-2030
  • Table 39 Forecast Sales of Ice Cream by Category: Value 2025-2030
  • Table 40 Forecast Sales of Ice Cream by Category: % Volume Growth 2025-2030
  • Table 41 Forecast Sales of Ice Cream by Category: % Value Growth 2025-2030
SAVOURY SNACKS
  • Sales growth of savoury snacks boosted by widening and increasingly adventurous flavour varieties
  • Comercial Pozuelo Panamá retains the lead in savoury snacks in 2025
  • Supermarkets remains the leading channel for savoury snacks, while retail e-commerce achieves strong growth
  • Modest growth of savoury snacks as consumers seek new experiences through snacking
  • Competition intensifies in popcorn
  • The health and wellness trend continues to shape consumer choices and new launches in savoury snacks
  • Table 42 Sales of Savoury Snacks by Category: Volume 2020-2025
  • Table 43 Sales of Savoury Snacks by Category: Value 2020-2025
  • Table 44 Sales of Savoury Snacks by Category: % Volume Growth 2020-2025
  • Table 45 Sales of Savoury Snacks by Category: % Value Growth 2020-2025
  • Table 46 NBO Company Shares of Savoury Snacks: % Value 2021-2025
  • Table 47 LBN Brand Shares of Savoury Snacks: % Value 2022-2025
  • Table 48 Forecast Sales of Savoury Snacks by Category: Volume 2025-2030
  • Table 49 Forecast Sales of Savoury Snacks by Category: Value 2025-2030
  • Table 50 Forecast Sales of Savoury Snacks by Category: % Volume Growth 2025-2030
  • Table 51 Forecast Sales of Savoury Snacks by Category: % Value Growth 2025-2030