Economic Condition Supporting Panama Beer Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit With the change in time, beer consumers are also increasing. It is the most consumed alcohol drink and is popular after water and tea.Yeast, water, hops and malted barley are the key ingredients used in beer. Even though the market for beer is negatively affected due to the rise in the tax for the same but still the favourable economic condition helps the beer market and its consumption in Panama. The beer consumption volume declined by 2% in 2015, but the total market value is increased by 6% in Panama. With the rapid economic growth of Panama, purchasing power of the population has been increased. The production for beer market has grown by 5.1% which is more than the average production in rest of the Latin America. The consumption for the beer has increased from 77 to 80 litres in 2011. Research report titled “Panama Beer Market Insights Report 2016; In-depth Analysis of Key Companies, Brands, Volume, Value and Segmentation Trends and Opportunities in the Beer Market”, the Panamanian market for beer is majorly occupied by two major brewers: SABMiller group and Baru panama. Even though the market for beer in panama is occupied these two major domestic producer, but the small brewers in the market have also begun to increases which is changing the consumption trend in panama. Cerveceria National (Panama), which belongs to SABMILLER group, dominates the market with overall 55% of share in the market. Panamanian people are getting more inclined to light beers as they want a refreshing product with less alcohol in it. Lager is dominating the market with 98% share. In 2010, the beer industry produced around 235 million of beer which was 2.3% higher than 2009.As the market for beer is dominated by two major brewers, therefore due to the shortage in local production; the import for beer has risen in the past few years. U.S. is importing the majority of beer which stands by 73%. Due to the rise in tax the beer consuming population tends to fall, still itenjoys the largest share in the market with 54%. The glass packaging for the beer bottles is still expected to dominate the market for some more time. Huge investment has been made by major players, mainly focusing on expansion, improving the quality, innovating new line of beers. Ken Research says, the beer market of panama is continuously growing with the high economic growth and rising purchasing power of people. Although the major market is occupied by the two leading brands but still new small brewers are also entering the market and affecting the consuming demands of the consumer. FOR MORE COVERAGE CLICK ON THE LINK BELOW: https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/panama-beer-market-insights-report-2016/62476-11.html Related Reports Global and China Beer Packaging Market Research Report Forecast 2017 to 2022 United States Beer Packaging Market Research Report Forecast 2017 to 2022 Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Global alcoholic beverages market, Panama alcoholic beverages market, Panama beer industry research, Panama beer market analysis, Panama beer market competition, Panama beer market research, Panama beer market trade, Panama beer packaging market