PROSPECTS AND OPPORTUNITIES
Stable picture over forecast period
There will be stable growth over the forecast period, as inflation will be less of an issue. Continuing population growth will also support increasing volume sales.
Higher volume growth for frozen offerings
While value sales will still remain low for frozen fruit and vegetables, due to their high prices, as well as a lack of freezer storage in some households, frozen offerings will register higher volume growth than shelf stable options. Frozen fruit and vegetables are considered to be healthier, as they generally have minimal preservatives and this will support volume sales.
Authorities push increased consumption of fruit and vegetables
Obesity is a growing concern in the Dominican Republic, with people not consuming enough fruit and vegetables and health authorities are pushing to increase consumption, both fresh and processed offerings. That being said, canned offerings are generally not as healthy as fresh offerings, as they contain preservatives and in terms of shelf stable fruit, often added sugar.
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Overview:
Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables 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 Processed Fruit and Vegetables 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 Processed Fruit and Vegetables 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 Processed Fruit and Vegetables in Dominican Republic?
- Which are the leading brands in Processed Fruit and Vegetables in Dominican Republic?
- How are products distributed in Processed Fruit and Vegetables 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 Processed Fruit and Vegetables?
- 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?
Processed Fruit and Vegetables in Dominican Republic - Category analysis
KEY DATA FINDINGS
High costs continue to hit profitability
Local brands dominate
Private label emerging as a contender
Stable picture over forecast period
Higher volume growth for frozen offerings
Authorities push increased consumption of fruit and vegetables
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:
Processed Fruit and Vegetables
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- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
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- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
Processed Fruit and Vegetables
This is the aggregation of processed shelf stable fruit and vegetables and processed frozen fruit and vegetables.
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 Processed Fruit and Vegetables research and analysis database.
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