| Product Code: ETC8756877 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Panama continued to import infant formula ingredients primarily from Nicaragua, El Salvador, Costa Rica, Colombia, and Mexico. Despite a high concentration level indicated by the HHI, the market experienced a significant decline in CAGR from 2020-24 at -40.4%. However, there was a positive growth rate of 5.92% from 2023-24, indicating a potential rebound in the market. The consistent import shipments from these top exporting countries highlight the importance of these trade relationships in meeting Oman`s demand for infant formula ingredients.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Panama Infant Formula Ingredients Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Infant Formula Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Infant Formula Ingredients Market - Industry Life Cycle |
3.4 Panama Infant Formula Ingredients Market - Porter's Five Forces |
3.5 Panama Infant Formula Ingredients Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Panama Infant Formula Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Panama Infant Formula Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Panama Infant Formula Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Panama Infant Formula Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Panama Infant Formula Ingredients Market Trends |
6 Panama Infant Formula Ingredients Market, By Types |
6.1 Panama Infant Formula Ingredients Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Panama Infant Formula Ingredients Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.1.3 Panama Infant Formula Ingredients Market Revenues & Volume, By Carbohydrates, 2021- 2031F |
6.1.4 Panama Infant Formula Ingredients Market Revenues & Volume, By Fats & Oils, 2021- 2031F |
6.1.5 Panama Infant Formula Ingredients Market Revenues & Volume, By Proteins, 2021- 2031F |
6.1.6 Panama Infant Formula Ingredients Market Revenues & Volume, By Vitamins, 2021- 2031F |
6.1.7 Panama Infant Formula Ingredients Market Revenues & Volume, By Minerals, 2021- 2031F |
6.1.8 Panama Infant Formula Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Panama Infant Formula Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Panama Infant Formula Ingredients Market Revenues & Volume, By Cow Milk, 2021- 2031F |
6.2.3 Panama Infant Formula Ingredients Market Revenues & Volume, By Soy, 2021- 2031F |
6.2.4 Panama Infant Formula Ingredients Market Revenues & Volume, By Protein Hydrolysates, 2021- 2031F |
6.2.5 Panama Infant Formula Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Panama Infant Formula Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Panama Infant Formula Ingredients Market Revenues & Volume, By Dry, 2021- 2031F |
6.3.3 Panama Infant Formula Ingredients Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4 Panama Infant Formula Ingredients Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Panama Infant Formula Ingredients Market Revenues & Volume, By Growing-Up Milk Formula (Infants over 12 months), 2021- 2031F |
6.4.3 Panama Infant Formula Ingredients Market Revenues & Volume, By Standard Infant Formula (06-month-old infants), 2021- 2031F |
6.4.4 Panama Infant Formula Ingredients Market Revenues & Volume, By Follow-On Formula (612-month-old infants), 2021- 2031F |
6.4.5 Panama Infant Formula Ingredients Market Revenues & Volume, By Specialty Formula, 2021- 2031F |
7 Panama Infant Formula Ingredients Market Import-Export Trade Statistics |
7.1 Panama Infant Formula Ingredients Market Export to Major Countries |
7.2 Panama Infant Formula Ingredients Market Imports from Major Countries |
8 Panama Infant Formula Ingredients Market Key Performance Indicators |
9 Panama Infant Formula Ingredients Market - Opportunity Assessment |
9.1 Panama Infant Formula Ingredients Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Panama Infant Formula Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Panama Infant Formula Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Panama Infant Formula Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Panama Infant Formula Ingredients Market - Competitive Landscape |
10.1 Panama Infant Formula Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Panama Infant Formula Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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