Dominican Republic Cooking and Edible Oils Market 2025

Forecasts highlight a favorable growth outlook for the Dominican Republic cooking and edible oils market, with a projected increase of USD 203.5 million and a CAGR close to 8.5% through 2030. In the Dominican Republic, soybean oil is the undisputed leader in the cooking oil space, largely driven by price sensitivity, culinary traditions, and import-centric supply chains. With limited domestic oilseed production, the country relies heavily on imports from the U.S. and Latin American partners, where bulk procurement of soybean oil ensures cost advantages that resonate strongly with low- to middle-income households. Daily meals, rich in fried plantains, meat-based stews, and pastries, depend on high-volume, versatile oils with heat stability and budget accessibility. Soybean oil’s neutral taste and affordability have made it deeply embedded in the Dominican culinary psyche.

Consumer awareness around health and nutrition is gradually shifting preferences within the soy oil segment, with fortified variants and cholesterol-lowering blends gaining visibility. Supermarkets and neighborhood bodegas alike are increasingly offering branded oils with health claims such as vitamin A enrichment and reduced saturated fat content. Though niche markets for olive and sunflower oil exist—particularly in upper-class neighborhoods and among expatriates—the mainstream remains strongly anchored to soy due to its unmatched value proposition. Government efforts to enhance nutritional labeling and reduce trans fat intake may accelerate diversification over time, but soybean oil’s dominance is unlikely to wane in the near term.

Providing a strategic perspective on the Dominican Republic cooking and edible oils market, this report analyzes historical trends from 2020 to 2024 and forecasts market developments through 2030. It delves into market size, growth rates, and segment-level insights, uncovering the forces shaping the industry’s future. By examining product and distribution channel, the report delivers a robust framework for understanding market dynamics and identifying pathways for growth.

Market Segmentation

The Dominican Republic cooking and edible oils market is classified into the following segments:
Product: olive oil, corn oil (maize oil), rapeseed oil (canola oil), soybean oil, sunflower oil, others
Distribution channel: e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, others

The Dominican Republic cooking and edible oils market is segmented by product and distribution channel. By product, the market features olive oil, corn oil (maize oil), rapeseed oil (canola oil), soybean oil, sunflower oil, and others. Distribution channel segmentation comprises e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, and others.

Competitive Landscape

Prominent players in the cooking and edible oils market include Figaro and MercaSID S.A. This analysis offers a comprehensive overview of the main players in the cooking and edible oils market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Dominican Republic cooking and edible oils market.
Gain in-depth analysis and forecasts for the key segments of the Dominican Republic cooking and edible oils market: product and distribution channel.
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Gain deep insights into the dynamics of the Dominican Republic cooking and edible oils market.
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Anticipate the future trajectory of the Dominican Republic cooking and edible oils market with informed projections.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Dominican Republic Cooking and Edible Oils Market – Product Analysis
Dominican Republic Cooking and Edible Oils Market – Distribution Channel Analysis
Company Shares Analysis
Figaro
MercaSID, S.A.
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Dominican Republic Cooking and Edible Oils Market 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market, Net Growth, 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market, Growth Rates, 2020-2030
Table Dominican Republic Cooking and Edible Oils Market by Product, 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market by Product, 2020-2030
Table Dominican Republic Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Dominican Republic Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Table Dominican Republic Cooking and Edible Oils Market Share (%), by Companies, 2020-2024
Chart Dominican Republic Cooking and Edible Oils Market, by Companies, 2024
Table Dominican Republic Cooking and Edible Oils Market Share (%), by Brands, 2020-2024
Chart Dominican Republic Cooking and Edible Oils Market, by Brands, 2024
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 Cooking and Edible Oils Market: Spend as a Proportion of GDP (%)
Table Dominican Republic Cooking and Edible Oils Market: Consumption per Capita (Population)

Companies Mentioned

Figaro
MercaSID, S.A.