Dominican Republic: Food Processing Ingredients Annual
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The Dominican Republic’s food processing industry totaled $2.90 billion for calendar year (CY) 2024, in activities categorized as “food industry.” Beverages and other food products accounted for an additional $1.02 billion during the same period. Key drivers in the industry consist of meat and dairy processing, wheat milling, and bakery products. The United States continues to be a leading supplier of essential ingredients, including meats, edible oils, fats, dairy products, and wheat. A notable trend in 2024 is the easing of inflation, which has prompted consumers to allocate more spending toward non-essential items. Additionally, the rise of supermarket chains, particularly outside major cities, has diversified the food market. As a result, private label brands have gained popularity, offering cost-effective alternatives and introducing a broader range of products. This allows consumers to maximize value while exploring a wider variety of options.
