Dominican Republic

Meal replacement continues to account for most value sales in weight management and wellbeing in 2023 and recorded further growth in the year. They enjoy strong sales promotion from the direct selling players and consumers are highly familiar with…

Wound care is a very mature category in the Dominican Republic, with little innovation or new product launches to spark consumer interest in recent years. The category has consequently seen little in terms of growth given the very high level of…

The picture is expected to be brighter for baby food in 2023, with healthy current value and volume growth. While inflation remains high, pressure is expected to ease. In addition, the appreciation of the Dominican peso against the US dollar is…

Butter and spreads is expected to register moderate current value growth and marginal retail volume growth, as inflation still bites. Consumers are expected to continue to be highly price sensitive and prioritise value for money, but at the same time…

Cheese is expected to register moderate current value and volume growth. However, inflation is still an issue and consumers are expected to continue to be highly price sensitive and prioritise value for money. This price sensitivity is expected to…

The picture is expected to be positive for dairy products and alternatives in 2023, with overall current value and volume sales expected to rise moderately. While inflation remains high, pressure is expected to ease. In addition, the appreciation of…

Drinking milk is expected to register moderate current value and volume growth. However, inflation is still an issue and consumers are expected to continue to be highly price sensitive and prioritise value for money. Flavoured milk drinks is expected…

Other dairy is a sizeable product area in the Dominican Republic, largely supported by the popularity of evaporated milk. In 2023, it is expected to register moderate current value and volume growth. While there is still economic uncertainty, as a…

While sales are still relatively low, there is an appetite for plant-based dairy and it is expected to register very healthy current value and volume growth in 2023. Value sales are largely driven by younger consumers, which consider plant-based…

Yoghurt and sour milk products is expected to register healthy current value and volume growth. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are…

Although economic freedom is slipping, the Dominican Republic enjoys political stability, but corruption remains endemic. Economic performance has been solid, but is slowing and remains dependent on tourism, whilst the country continues to attract…

The swift reopening of the Dominican Republic following the COVID-19 pandemic gave the economy a boost, with the influx of tourists reinvigorating businesses. The tourism sector is a significant contributor to GDP and so the rebound in tourism has…

Retail prices of edible oils continued to rise in 2023 due to the inflationary climate, although at a slower rate than was witnessed in 2022. External factors, such as the high price of commodities and the war in Ukraine, have impacted the supply…

Meals and soups continues to be impacted by rising prices in 2023 as inflation remains high, resulting in double-digit current value growth. Since 2022, increases in the cost of raw materials, shipping costs, labour wages and energy have led to…

Ketchup continues to lead in cooking and table sauces in the Dominican Republic. Brands are innovating by introducing stand-up pouches that provide greater convenience for consumers, such as from the likes of Gourmet, Linda, Heinz and Famosa.…

Jams and preserves is the largest category by volume with the majority of production originating from local companies that use well-known and popular fruits. While some imported brands are available in the Dominican Republic, they are less prevalent…

Bottled water is seeing strong and stable growth in retail volume terms in 2023 with the category seeing stronger growth compared to 2022. Retail volume sales saw slower growth in 2022 as price inflation saw some consumers looking to make savings,…

Carbonates continues to see healthy growth in 2023, both in retail volume and value terms. Nonetheless, growth has been slower than in the previous two years with economic pressures taking their toll and pushing some consumers to focus their spending…

Concentrates has continued to grow in retail volume and value terms in 2023, with both liquid and powder concentrates seeing healthy gains. Growth has been much stronger in current value terms, however, which is largely due to an inflation-driven…

Energy drinks has continued to see strong growth in retail volume terms in 2023 with consumers returning to their pre-pandemic purchasing behaviour. Meanwhile, energy drinks has also seen dynamic double-digit growth in current value terms in 2023,…