In 2023, the carbonated soft drinks market in Dominican Republic stood at USD 1,017 million. Recording a CAGR of 7.8% from 2024 to 2029, the worth is projected to reach ~USD 1,596 million by 2029, according to the latest market data. The burgeoning carbonated soft drink (CSD) market in Dominican Republic is primarily driven by robust economic development and increasing consumer spending power. This economic uplift enables a greater number of consumers to afford non-essential goods, including pleasure-oriented products like carbonated soft drinks.
Carbonated soft drinks offer an appealing combination of refreshing taste and instant gratification, making them highly attractive to a broad spectrum of consumers. This growing demand is particularly notable among the younger demographic, who are not only more open to trying new products but also have a higher propensity to spend on discretionary items. Consequently, major brands are intensifying their efforts in the country through aggressive marketing and strategic distribution to capture this expanding market segment.
The report delivers an in-depth analysis of the Dominican Republic carbonated soft drinks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like type, product, packaging, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the carbonated soft drinks market.
Market Segmentation
The following outlines the segmentation of the carbonated soft drinks market in Dominican Republic:
Type: regular, reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, others
The Dominican Republic carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. On the basis of type, the carbonated soft drinks market in Dominican Republic has been segmented into regular, and reduced sugar/sugar-free. By product, the carbonated soft drinks market in Dominican Republic has been segmented into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. Based on packaging, the carbonated soft drinks market in Dominican Republic is categorized into glass bottles, metal cans, and plastic bottles. On the basis of distribution channel, the carbonated soft drinks market in Dominican Republic has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, and others.
Competitive Landscape
Some of the leading companies operating in the market are AB InBev, PepsiCo Inc., Refrescos Nacionales CxA., Somos Industrias San Miguel (ISM), The Coca-Cola Company.
This report delivers an in-depth breakdown of key players within the Dominican Republic carbonated soft drinks market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Dominican Republic carbonated soft drinks market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Dominican Republic carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Dominican Republic carbonated soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewDominican Republic carbonated soft drinks market – type analysis
Dominican Republic carbonated soft drinks market – product analysis
Dominican Republic carbonated soft drinks market – packaging analysis
Dominican Republic carbonated soft drinks market – distribution channel analysis
Key players and market share
– AB InBev
– PepsiCo, Inc.
– Refrescos Nacionales, CxA.
– Somos Industrias San Miguel (ISM)
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Dominican Republic carbonated soft drinks market 2019-2029
Chart Dominican Republic carbonated soft drinks market, net growth, 2019-2029
Chart Dominican Republic carbonated soft drinks market, growth rates, 2019-2029
Table Dominican Republic carbonated soft drinks market by type, 2019-2029
Chart Dominican Republic carbonated soft drinks market by type, CAGR historic and forecast, 2019-2029
Chart Dominican Republic carbonated soft drinks market by type, 2019-2029
Table Dominican Republic carbonated soft drinks market by product, 2019-2029
Chart Dominican Republic carbonated soft drinks market by product, CAGR historic and forecast, 2019-2029
Chart Dominican Republic carbonated soft drinks market by product, 2019-2029
Table Dominican Republic carbonated soft drinks market by packaging, 2019-2029
Chart Dominican Republic carbonated soft drinks market by packaging, CAGR historic and forecast, 2019-2029
Chart Dominican Republic carbonated soft drinks market by packaging, 2019-2029
Table Dominican Republic carbonated soft drinks market by distribution channel, 2019-2029
Chart Dominican Republic carbonated soft drinks market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Dominican Republic carbonated soft drinks market by distribution channel, 2019-2029
Table Dominican Republic carbonated soft drinks market share (%), by companies, 2019-2023
Chart Dominican Republic carbonated soft drinks market, by companies, 2023
Table Dominican Republic carbonated soft drinks market share (%), by brands, 2019-2023
Chart Dominican Republic carbonated soft drinks market, by brands, 2023
Table Dominican Republic – population (millions) and forecast
Table Dominican Republic – consumer price index (CPI) and forecast
Table Dominican Republic – gross domestic product and forecast
Table Dominican Republic carbonated soft drinks market: spend as a proportion of GDP (%)
Table Dominican Republic carbonated soft drinks market: consumption per capita (population)