With improvements in the economy and a reduction in inflation expected during the forecast period, the Dominican meals and soups market is poised to outperform its historical performance. As international logistics stabilise and raw material prices return to more predictable levels, consumers are likely to increase their discretionary spending, purchasing products that are not considered essential but offer convenience and ease.
Market leader Nestlé is set to reinforce its position in the Dominican Republic following a significant USD 90 million investment, which will be executed by 2026. This investment is aimed at increasing the company’s production capacity and upgrading its machinery, positioning Nestlé to better meet growing consumer demand for ready meals and soups.
The shelf-stable ready meals category is expected to be the best-performing segment in terms of volume growth during the forecast period. This format is gaining popularity due to its ease of storage and transport, making it an attractive option for a broad range of consumers.
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Understand the latest market trends and future growth opportunities for the Meals and Soups 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 Meals and Soups 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.
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
See All of Our DefinitionsThis report originates from Passport, our Meals and Soups research and analysis database.
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