The Free Trade Agreement between the Dominican Republic, Central America and the United States of America is due to be fully implemented by January 1, 2025, by which time tariffs on rice will be removed. With local rice production not able to keep up with local demand and climate change also affecting yields, there will be increasing supplies of tariff-free imported rice from Central America and the US.
In general, there will be little in the way of new product launches and marketing campaigns in rice, pasta and noodles in the Dominican Republic over the forecast period. Most companies, including the leading player Font Gamundi, will avoid investing heavily in product launches or marketing campaigns, as competitive pricing will remain key.
Private label accounts for about a quarter of value sales within rice, pasta and noodles, the largest percentage for overall staples and this is likely to increase over the forecast period, as consumers look for value for money. In terms of rice, it is generally a standard product, and there is also significant local supply, and this has bolstered private label offerings.
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Understand the latest market trends and future growth opportunities for the Rice, Pasta and Noodles 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 Rice, Pasta and Noodles 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.
Rice, Pasta and Noodles
This is the aggregation of rice, noodles and pasta. Includes: Pre-packaged noodles. Excludes: Any noodles, pasta or rice bought loose, bulk and/or unpackaged. Excludes: Any noodle-based ready meals, which would be tracked under ready meals.
See all of our definitionsThis report originates from Passport, our Rice, Pasta and Noodles research and analysis database.
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