According to Dairy Index, a study conducted globally by the company Tetra Pak, the consumption of liquid milk in Panama will grow significantly.

One of the main reasons behind the 18% rise forecast by the study is the free trade agreement, which will boost imports of the product.

An article in Panamaamerica.com notes: "Other countries that will see growth in consumption are Guatemala, with 17.4%, Honduras, with 8.8%, and Costa Rica, with 7%. Emerging markets such as Asia, Africa and Latin America are those who will see the greatest demand, 30% by the end of 2020.

In contrast, the mature markets of Western Europe and North America will not experience significant growth.

For Dennis Jönsson, Tetra Pak President, the reason for this increase is the fact that people looking for reasonable prices, quality and safety.

He concluded that emerging markets are experiencing greater availability of resources and better education. "

Source: Padigital.com.pa

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