COMPETITIVE LANDSCAPE
Nestlé Dominicana SA consolidates its leadership through enduring success of Maggi brand
Nestlé Dominicana SA remains the leading player in meals and soups in the Dominican Republic, supported by the enduring strength of its Maggi brand, which has steadily increased its market share throughout the review period. Maggi continues to benefit from high brand awareness and strong consumer trust, being closely associated with convenience and traditional Dominican cooking.
Private labels and emerging brands intensify competition
Smaller players listed under “others” have shown particular dynamism within meals and soups in the Dominican Republic. This reflects the entry and consolidation of emerging and imported brands, which are broadening the range of available options and adding greater dynamism to the competitive landscape.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Meals and Soups 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 Meals and Soups 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 Meals and Soups 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 Meals and Soups in Dominican Republic?
- Which are the leading brands in Meals and Soups in Dominican Republic?
- How are products distributed in Meals and Soups 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 Meals and Soups?
- 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?
Meals and Soups in Dominican Republic - Category analysis
KEY DATA FINDINGS
Growth driven by demand for convenience
Convenience and growing product diversity are key drivers of growth
Dried ready meals is key driver of growth
Meals and soups shows considerable growth potential
Health claims will gain traction
Trend towards Asian flavours
Nestlé Dominicana SA consolidates its leadership through enduring success of Maggi brand
Private labels and emerging brands intensify competition
Supermarkets and hypermarkets consolidate their lead
Forecourt retailers gain appeal amongst busy urban consumers
Cooking Ingredients and Meals in Dominican Republic - Industry Overview
Affordability, convenience and health are prime factors shaping sales
KEY DATA FINDINGS
Affordability remains crucial amid continuing consumer price sensitivity
Convenience drives consumer choices
Health concerns increasingly shape consumer purchasing habits
Forecast static performance with affordability continuing to shape the market
Health to become key driver of growth
Distribution channels will evolve with growing digital integration
Mercasid consolidates its leadership
Distribuidora Corripio CxA is fastest-growing player
Private labels continue to expand
Small local grocers continue to lead sales, despite competition from modern grocery retailers
Forecourt retailers and e-commerce gain momentum
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Meals and Soups
-
- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
-
- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
-
- Chilled Pizza
- Frozen Pizza
-
- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
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 Meals and Soups research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!