Soft drinks in 2024: The big picture
It was a positive picture for soft drinks in Dominican Republic in 2024, with all soft drinks registering an increase in volume sales. Lower inflation and an improving economy supported volume sales.
2024 key trends
Flavour, and in particular sweet and fruit flavours continue to be a key driver of volume sales in Dominican Republic. As such, non-cola carbonates, as well as juice and powder concentrates continue to be popular.
competitive landscape
The competitive landscape is led by Industrias San Miguel del Caribe SA and Bepensa Dominicana SA, with both players having an important presence in the key products of carbonates, bottled water, juice and sports drinks. Bepensa also has a small presence in energy drinks.
Retailing developments
Small local grocers, called colmados, continue to dominate sales. These neighbourhood stores promote on-the-go consumption, which is very important for soft drinks such as carbonates, bottled water, energy drinks and sports drinks, especially during periods of high temperatures.
Foodservice vs retail split
Retail channels continue to account for significantly more volume sales, though foodservice channels registered much higher volume growth in 2024. Tourist numbers have returned to high levels and this has supported volume growth through foodservice channels such as hotels, restaurants and bars.
What next for soft drinks?
The outlook is bright for soft drinks over the forecast period. An improving and stable economy will support volume growth.
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Overview:
Understand the latest market trends and future growth opportunities for the Soft Drinks 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 the following key categories, where applicable:
- Bottled Water
- Carbonates
- Concentrates
- Juice
- RTD Coffee
- RTD Tea
- Energy Drinks
- Sports Drinks
- Asian Speciality Drinks
If you're in the Soft Drinks 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 Soft Drinks 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 Soft Drinks in Dominican Republic?
- To what extent are health considerations impacting consumption of Soft Drinks 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 Soft Drinks in Dominican Republic?
- Which are the leading brands in Soft Drinks in Dominican Republic?
- What potential exists for multinational or domestic soft drinks companies to expand in Dominican Republic?
- How are products distributed in Soft Drinks 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 Soft Drinks?
- 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?
Soft Drinks in Dominican Republic
Soft drinks in 2024: The big picture
2024 key trends
competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
DISCLAIMER
Bottled Water in Dominican Republic
KEY DATA FINDINGS
Increasing volume sales in 2024
Flavoured bottled water registers highest volume growth
Agua Planeta Azul continues to lead bottled water in 2024
Continuing positive volume growth over forecast period
Crystal’s new ownership boosts its foothold
Possible regulation banning sugary drinks in school cafeterias boost for bottled water
Carbonates in Dominican Republic
KEY DATA FINDINGS
Moderate volume growth, supported by stable economy
Industrias San Miguel del Caribe continues to consolidate its leadership in non-cola carbonates
The Coca-Cola Company continues to invest through its local partner Bepensa Dominicana
Positive outlook over forecast period
Competition remains tight between larger players
Potentially stricter regulations dampen volume sales
Concentrates in Dominican Republic
KEY DATA FINDINGS
Overall muted volume growth in 2024
Quala continues to dominate in powder concentrates
Bon brand continues to dominate in liquid concentrates
Muted volume growth over forecast period
Continuing development of modern grocery retailers boosts liquid concentrates
Little demand for sugar-free options
Concentrates Conversions
Juice in Dominican Republic
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
RTD Tea in Dominican Republic
KEY DATA FINDINGS
Muted volume growth in 2024
Arizona is new brand leader
Imported brands dominate RTD tea with various flavours and options
Positive outlook over forecast period
Space for launch of local offering
No thirst for offerings with less sugar
Energy Drinks in Dominican Republic
KEY DATA FINDINGS
Continuing health volume growth in 2024
Quala Dominicana's Vive100 brand continues to dominate
Red Bull leading imported brand
Modest performance over forecast period
Recent launch of a flavoured sparkling bottle water with caffeine widens the competition
On-trade consumption likely to remain minimal despite increase in tourism
Sports Drinks in Dominican Republic
KEY DATA FINDINGS
Sports drinks best performing soft drink in 2024
PepsiCo Inc continues to dominate with Gatorade and Gatorlyte brands
Other players look to capitalise on growing demand
Continuing health volume growth over forecast period
High price continues to be a stumbling block
Space for healthier, more natural offerings
The following categories and subcategories are included:
Soft Drinks
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- Carbonated Natural Mineral Bottled Water
- Carbonated Spring Bottled Water
- Carbonated Purified Bottled Water
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- Still Flavoured Bottled Water
- Sparkling Flavoured Bottled Water
- Functional Bottled Water
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- Still Natural Mineral Bottled Water
- Still Spring Bottled Water
- Still Purified Bottled Water
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- Regular Carbonates
- Reduced Sugar Carbonates
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- Regular Cola Carbonates
- Reduced Sugar Cola Carbonates
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- Regular Non-Cola Carbonates
- Reduced Sugar Non-Cola Carbonates
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- Regular Lemonade/Lime
- Reduced Sugar Lemonade/Lime
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- Regular Tonic Water/Mixers/Other Bitters
- Reduced Sugar Tonic Water/Mixers/Other Bitters
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- Regular Orange Carbonates
- Reduced Sugar Orange Carbonates
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- Regular Other Non-Cola Carbonates
- Reduced Sugar Other Non-Cola Carbonates
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- Liquid Concentrates
- Powder Concentrates
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- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
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- RTD Coffee
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- Carbonated RTD Tea and Kombucha
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- Regular Still RTD Tea
- Reduced Sugar Still RTD Tea
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- Regular Energy Drinks
- Reduced Sugar Energy Drinks
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- Regular Sports Drinks
- Reduced Sugar Sports Drinks
- Asian Speciality Drinks
Soft Drinks
This is the aggregation of the following categories; Carbonates, Fruit/vegetable juice, Bottled water, Functional drinks, Concentrates, RTD tea, RTD coffee and Asian speciality drinks.
See all of our definitionsWhy buy this report?
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This report originates from Passport, our Soft Drinks research and analysis database.
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