Anticipated trends indicate that the Dominican Republic soft drinks market will achieve incremental growth of USD 1.3 billion, translating to a compound annual growth rate (CAGR) of around 9.1% during the forecast period of 2024 to 2029. The Dominican Republic’s soft drinks market is driven by an expanding middle class and rising disposable incomes. As urbanization continues, there is growing demand for a wide variety of beverages, particularly carbonated drinks, bottled water, and fruit juices. Additionally, there is a noticeable shift towards healthier alternatives, with increasing consumer interest in low-sugar and sugar-free beverages. The development of modern retail channels and e-commerce platforms is also improving access to a greater variety of local and international brands, further fueling market growth.
The report offers a comprehensive evaluation of the Dominican Republic soft drinks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, type, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the soft drinks industry.
Market Segmentation
The Dominican Republic soft drinks market is classified into the following segments:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: supermarkets and hypermarkets, grocery stores, bars and HoReCa, others
The soft drinks market in Dominican Republic is segmented based on product type, type, packaging and distribution channel. By product type, the market includes bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, and sports drinks. Type segmentation includes regular, and low- and no-sugar soft drinks. Packaging segments comprise flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, bars and HoReCa, and others.
Competitive Landscape
Leading companies in the soft drinks market comprise The Coca-Cola Company, Somos Industrias San Miguel (ISM), Refrescos Nacionales CxA., Quala S.A., PepsiCo Inc., Pasteurizadora Rica S.A., Lactalis South Africa (Pty) Ltd., Laboratorios Orbis S.A., Industrias San Miguel Del Caribe S.A., Grupo Empresarial Alaska S.A., Grupo Diesco, Central America Bottling Corporation (CBC), Campbell Soup Company, Agua Planeta Azul S.A. and AB InBev.
This analysis offers a comprehensive overview of the main players in the soft drinks market, evaluating their performance trends from 2019 to 2023. 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 soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Dominican Republic soft drinks market: product type, type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Dominican Republic soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Dominican Republic soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Dominican Republic Soft Drinks Market – Product Type Analysis
Dominican Republic Soft Drinks Market – Type Analysis
Dominican Republic Soft Drinks Market – Packaging Analysis
Dominican Republic Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– The Coca-Cola Company
– Somos Industrias San Miguel (ISM)
– Refrescos Nacionales, CxA.
– Quala S.A.
– PepsiCo, Inc.
– Pasteurizadora Rica S.A.
– Lactalis South Africa (Pty) Ltd.
– Laboratorios Orbis, S.A.
– Industrias San Miguel Del Caribe, S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Dominican Republic Soft Drinks Market 2019-2029
Chart Dominican Republic Soft Drinks Market, Net Growth, 2019-2029
Chart Dominican Republic Soft Drinks Market, Growth Rates, 2019-2029
Table Dominican Republic Soft Drinks Market by Product Type, 2019-2029
Chart Dominican Republic Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Dominican Republic Soft Drinks Market by Product Type, 2019-2029
Table Dominican Republic Soft Drinks Market by Type, 2019-2029
Chart Dominican Republic Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Dominican Republic Soft Drinks Market by Type, 2019-2029
Table Dominican Republic Soft Drinks Market by Packaging, 2019-2029
Chart Dominican Republic Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Dominican Republic Soft Drinks Market by Packaging, 2019-2029
Table Dominican Republic Soft Drinks Market by Distribution Channel, 2019-2029
Chart Dominican Republic Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Dominican Republic Soft Drinks Market by Distribution Channel, 2019-2029
Table Dominican Republic Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Dominican Republic Soft Drinks Market, by Companies, 2023
Table Dominican Republic Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Dominican Republic 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 Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Dominican Republic Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
The Coca-Cola Company
Somos Industrias San Miguel (ISM)
Refrescos Nacionales, CxA.
Quala S.A.
PepsiCo, Inc.
Pasteurizadora Rica S.A.
Lactalis South Africa (Pty) Ltd.
Laboratorios Orbis, S.A.
Industrias San Miguel Del Caribe, S.A.
Grupo Empresarial Alaska, S.A.
Grupo Diesco
Central America Bottling Corporation (CBC)
Campbell Soup Company
Agua Planeta Azul, S.A.
AB InBev