PROSPECTS AND OPPORTUNITIES
Rosy outlook over forecast period
Juice will perform strongly over the forecast period in terms of volume growth, as its healthier profile compared with many other soft drinks will support volume sales. A positive economic outlook will also support growth, as juice is generally more expensive than bottled water and carbonates.
Price still a stumbling block for 100% juice
Not from concentrate 100% juice and reconstituted 100% juice segments will register some volume growth, though it will be lower than for juice drinks and nectars. These are healthier and generally contain less sugar and additives.
Potentially stricter regulations could dampen volume sales
Public health authorities are looking to curb the consumption of certain juices, particularly among children, due to their high sugar content. In relation to this, in July 2024, a bill was passed that would prohibit the sale of drinks with a high sugar content.
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Overview:
Understand the latest market trends and future growth opportunities for the Juice 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.
If you're in the Juice 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 Juice 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 Juice in Dominican Republic?
- To what extent are health considerations impacting consumption of Juice in Dominican Republic?
- How are changing social attitudes and legislation (eg sugar tax) reshaping demand and consumption?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Juice in Dominican Republic?
- Which are the leading brands in Juice in Dominican Republic?
- What potential exists for multinational or domestic soft drinks companies to expand in Dominican Republic?
- How are products distributed in Juice in Dominican Republic?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How have home seclusion and social distancing measures following COVID-19 impacted sales of Juice?
- How are sustainability issues, such as environmentally-friendly packaging, legislation on recyclability, or the amount of plastic in bottles, impacting the soft drinks industry?
- Where is future growth expected to be most dynamic?
Juice in Dominican Republic - Category analysis
KEY DATA FINDINGS
Healthy volume growth for juice in 2024
Pasteurizadora Rica continues to hold on to strong lead
Frutop brand continues to gain ground
Rosy outlook over forecast period
Price still a stumbling block for 100% juice
Potentially stricter regulations could dampen volume sales
Soft Drinks in Dominican Republic - Industry Overview
Soft drinks in 2024: The big picture
2024 key trends
competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
DISCLAIMER
The following categories and subcategories are included:
Juice
-
- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
Juice
This category covers all still packaged juice obtained from fruits or vegetables by mechanical processes, reconstituted or fresh, often including pulp or fruit/vegetable puree. All unpackaged juices are excluded. Only still drinks are included here. Carbonated varieties are included non-cola carbonates. Juice-flavoured milk drinks and fruit shakes which are primarily milk are excluded–these are instead tracked in Packaged Foods Dairy. However, if the juice component is greater, the product is to be excluded from Packaged Foods Dairy coverage and tracked under the relevant category (based on % juice content) within Soft Drinks juice. This sector is the aggregation of 100% juice, nectars (25-99% juice content), juice drinks (up to 24% juice content), and coconut & other plant waters.
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 Juice research and analysis database.
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