PROSPECTS AND OPPORTUNITIES
Continuing growth in immature product area
Value sales of breakfast cereals are still relatively low in the Dominican Republic and there is room for further growth. Also, in recent years, there has been increased offerings of more affordable brands and this will sustain volume growth over the forecast period.
Economy brands continue to use plastic packaging
While cardboard packaging will continue to be the main form of packaging for breakfast cereals over the forecast period, economy brands will continue to use plastic instead, as it cheaper to produce. This is in spite of plastic packaging being more damaging to the environment.
Continuing focus on health credentials
Consumers will increasingly look for healthier options. As such, claims such as natural, organic and no added sugar will resonate with more health conscious consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Breakfast Cereals industry in Dominican Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Breakfast Cereals industry in Dominican Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Breakfast Cereals in Dominican Republic report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Breakfast Cereals in Dominican Republic?
- Which are the leading brands in Breakfast Cereals in Dominican Republic?
- How are products distributed in Breakfast Cereals in Dominican Republic?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Breakfast Cereals?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Dominican Republic?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Breakfast Cereals in Dominican Republic - Category analysis
KEY DATA FINDINGS
Further fall in volume sales in 2024.
Broad portfolio of widely recognised brands helps Mercasid stay on top
Smaller packs mainly sold through colmados
Continuing growth in immature product area
Economy brands continue to use plastic packaging
Continuing focus on health credentials
Staple Foods in Dominican Republic - Industry Overview
Staple foods in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for staple foods?
DISCLAIMER
The following categories and subcategories are included:
Breakfast Cereals
- Hot Cereals
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- Children's Breakfast Cereals
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- Flakes
- Muesli and Granola
- Other RTE Cereals
Breakfast Cereals
This is the aggregation of ready-to-eat (RTE) and hot cereals.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Breakfast Cereals research and analysis database.
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