The outlook for edible oils in the Dominican Republic is positive, supported by a favourable international crop forecast and stabilising inflation. Soy oil is expected to see strong volume growth during the forecast period, outperforming its historical performance.
Company Depalma's new manufacturing facility, which focuses on palm oil extraction, is poised to significantly impact the Dominican palm oil market. After an initial implementation phase, including the seeding of palm trees in 2021, the plant began operations in July 2023.
Although coconut oil has the potential for growth in the Dominican market, it is currently experiencing limited penetration in local households. Despite favourable conditions for coconut cultivation, the national capacity for coconut oil production remains underdeveloped.
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Understand the latest market trends and future growth opportunities for the Edible Oils 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 Edible Oils 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.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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