Panama: Food Processing Ingredients
Panama’s food processing ingredients market is valued at $110 million annually with U.S. products holding 60 percent of the market share. Panama’s food and beverage sector is one of the main manufacturing and export sectors of the economy. Two forces that contribute to investment opportunities in this area include the U.S. – Panama Trade Promotion Agreement (TPA), which entered into force on October 31, 2012, and capacity building programs offered by USDA to the Panamanian industry on food safety inspection and quality.