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Cooking Ingredients and Meals in Panama

Published Nov 25, 2025
Length 40 Pages
SKU # EP20639457

Description

Cooking ingredients and meals in Panama is set to deliver an overall positive performance in 2025, with sales increasing in both current value and volume terms. Although unit price growth across most categories has begun to stabilise, the persistently high cost of living continues to strain household budgets. This has led price-conscious consumers to adapt their shopping behaviour, with many trading down to private label products or actively seeking promotions and discounts to maximise value for...

Euromonitor International's Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

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

Why buy this report??
* Get a detailed picture of the Cooking Ingredients and Meals 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

40 Pages
Cooking Ingredients and Meals in Panama
Euromonitor International
November 2025
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN PANAMA
EXECUTIVE SUMMARY
Positive performance of cooking ingredients and meals despite consumer price sensitivity
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
Convenience remains a key growth driver of category sales
Flavour innovations and experiential marketing boost consumer engagement
Industry players endeavour to balance demand for indulgence and healthfulness
WHAT’S NEXT?
Demand grows for distinctive products in line with increasingly diverse consumer preferences
Rising health consciousness becomes more influential
Interactive content, social media and retail e-commerce influence consumer preferences
COMPETITIVE LANDSCAPE
Industrias Panamá Boston SA is a leading player in cooking ingredients and meals
Nestlé registers the fastest growth as consumers respond well to the quality of its Maggi brand
CHANNELS
Supermarkets is the most relevant channel for cooking ingredients and meals
Retail e-commerce achieves the strongest growth in 2025
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2020-2025
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2020-2025
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2020-2025
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2020-2025
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 7 Distribution of Cooking Ingredients and Meals by Format: % Value 2020-2025
Table 8 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2025-2030
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2025-2030
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2025-2030
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2025-2030
DISCLAIMER
EDIBLE OILS
Key Data Findings
2025 Developments
Value and wellness remain key drivers in edible oil
Industry Performance
Health and wellness claims resonate with consumers
Income levels determine consumer choice of oil in edible oils
What’s Next?
Growing popularity of soy and olive oil as consumers seek healthy alternatives
Sustainability in edible oils
Private label gains further ground over the forecast period
Competitive Landscape
Industrias Panama Boston retains leadership in a highly fragmented category
Industrias Panama Boston registers the strongest growth
Channels
Modern grocers and retail e-commerce outpace small local grocers
Retail e-commerce registers the fastest growth as modern grocery retailers develop omnichannel strategies
Category Data
Table 12 Sales of Edible Oils by Category: Volume 2020-2025
Table 13 Sales of Edible Oils by Category: Value 2020-2025
Table 14 Sales of Edible Oils by Category: % Volume Growth 2020-2025
Table 15 Sales of Edible Oils by Category: % Value Growth 2020-2025
Table 16 NBO Company Shares of Edible Oils: % Value 2021-2025
Table 17 LBN Brand Shares of Edible Oils: % Value 2021-2025
Table 18 Forecast Sales of Edible Oils by Category: Volume 2025-2030
Table 19 Forecast Sales of Edible Oils by Category: Value 2025-2030
Table 20 Forecast Sales of Edible Oils by Category: % Volume Growth 2025-2030
Table 21 Forecast Sales of Edible Oils by Category: % Value Growth 2025-2030
MEALS AND SOUPS
Growing demand for meals and soups as consumers shift towards convenient food solutions
Continued growth of meals and soups despite the higher cost of living
Shelf stable ready meals and dried ready meals are among the most popular
Steady growth driven by flavour innovation
Increasing competition in frozen ready meals
Demand for healthier alternatives rise
Dicarina SA retains the lead in meals and soups in 2025 and achieves the fastest growth
Players bet on convenience to dynamize meals and soups
Supermarkets retains the lead as the largest channel in meals and soups
Retail e-commerce registers the strongest growth
Table 22 Sales of Meals and Soups by Category: Volume 2020-2025
Table 23 Sales of Meals and Soups by Category: Value 2020-2025
Table 24 Sales of Meals and Soups by Category: % Volume Growth 2020-2025
Table 25 Sales of Meals and Soups by Category: % Value Growth 2020-2025
Table 26 NBO Company Shares of Meals and Soups: % Value 2021-2025
Table 27 LBN Brand Shares of Meals and Soups: % Value 2021-2025
Table 28 Forecast Sales of Meals and Soups by Category: Volume 2025-2030
Table 29 Forecast Sales of Meals and Soups by Category: Value 2025-2030
Table 30 Forecast Sales of Meals and Soups by Category: % Volume Growth 2025-2030
Table 31 Forecast Sales of Meals and Soups by Category: % Value Growth 2025-2030
SAUCES, DIPS AND CONDIMENTS
Innovation through flavour and experience marketing
Sauces are characterised by flavour innovation
Economic pressures promote visibility strategies on retailers’ shelves
Sauces, dips and condiments maintain solid retail forecast period growth
Greater opportunity for growth of product innovations with a health focus
Retail e-commerce maintains a role in sales
Tagaropulos SA leads with its Kraft and Heinz brands
Nestlé is dynamic and consistently adapts to local culinary traditions
Supermarkets remains the leading channel for sauces, dips and condiments
Retail e-commerce develops via supermarkets while consumers embrace convenience
Table 32 Sales of Sauces, Dips and Condiments by Category: Volume 2020-2025
Table 33 Sales of Sauces, Dips and Condiments by Category: Value 2020-2025
Table 34 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2020-2025
Table 35 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2020-2025
Table 36 NBO Company Shares of Sauces, Dips and Condiments: % Value 2021-2025
Table 37 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2025
Table 38 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2025-2030
Table 39 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2025-2030
Table 40 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2025-2030
Table 41 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2025-2030
SWEET SPREADS
Sweet spreads registers modest growth amidst rising cost of living
The popularity of sweet spreads remains mainly concentrated among urban dwellers
Chocolate spreads experiences rapid growth from a low base while jams and preserves remains the most popular category
Gourmet-style options in honey drive growth
Reduced sugar/free and KETO positioning variants gain momentum in sweet spreads
More products made available in single-serve sachets
Premium offerings are increasingly embraced
Small but growing local industry in jams and preserves, although imports dominate
Opportunities for sweet spreads in an evolving retail landscape
Retail e-commerce is the fastest-growing channel for sweet spreads
Table 42 Sales of Sweet Spreads by Category: Volume 2020-2025
Table 43 Sales of Sweet Spreads by Category: Value 2020-2025
Table 44 Sales of Sweet Spreads by Category: % Volume Growth 2020-2025
Table 45 Sales of Sweet Spreads by Category: % Value Growth 2020-2025
Table 46 NBO Company Shares of Sweet Spreads: % Value 2021-2025
Table 47 LBN Brand Shares of Sweet Spreads: % Value 2021-2025
Table 48 Forecast Sales of Sweet Spreads by Category: Volume 2025-2030
Table 49 Forecast Sales of Sweet Spreads by Category: Value 2025-2030
Table 50 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2025-2030
Table 51 Forecast Sales of Sweet Spreads by Category: % Value Growth 2025-2030

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