Costa Rica

Yoghurt and sour milk products is expected to be one of the stronger performing dairy products in Costa Rica in 2024, with both healthy current value and volume growth. That being said, value sales are attributable to yoghurt, with sales of sour milk…

Plant-based dairy in Costa Rica is expected to be the star performer in 2024, with both healthy current value and volume growth. The rise in veganism and heightened awareness of health and environmental issues is leading to increasing demand for…

Other dairy in Costa Rica is expected to register moderate current value growth and muted volume growth in 2024, as its unhealthy positioning dampens volume sales. Condensed milk continues to be the best seller and there is an increasing range of…

Drinking milk is Costa Rica’s most popular dairy product and in 2024, it is expected to register both healthy current value and volume growth. According to data from the National Chamber of Milk Producers, 3 million litres of milk are produced daily…

A positive economic picture is expected to support healthy current value and moderate volume growth in dairy products and alternatives in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly…

Cheese is expected to register healthy current value growth and more moderate volume growth in Costa Rica in 2024. There is also an increasing variety of imported cheese. Popular imported brands include Frico, which offers Edam, Maasdam and Gouda.…

Butter and spreads is expected to register healthy current value and volume growth in Costa Rica in 2024. Margarine and spreads still account for most volume sales and is expected to register higher value growth, though volume growth is expected to…

Baby food in Costa Rica is expected to register healthy current value and volume growth, partly supported by continuing population growth. In particular, prepared baby food is expected to perform strongly, as consumers look for convenience. While…

Sweet biscuits, snack bars and fruit snacks is expected to register healthy constant value and volume growth in 2024. Positive economic indicators are expected to support growth. Snack bars, in particular, are expected to perform strongly and…

Sugar confectionery in Costa Rica is expected to be one the weaker performing snacks in 2024, registering only minimal volume growth, as consumers increasingly opt for other snacks such as chocolate confectionery. As such, players look to bolster…

A positive economic picture is expected to support moderate current value and volume growth in snacks in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly in more premium offerings – such…

Savoury snacks with a healthier positioning are gaining value share. There is an increasing offering from both local and global brands. Examples include local brand Soldanza Party Mix, which incorporates a variety of root vegetables such as yuca,…

Current value and volume growth is expected to continue to be healthy for ice cream in Costa Rica in 2024. A positive economic picture, along with increasing tourist numbers is also expected to boost volume sales. Local dairy and food company, Dos…

Gum in Costa Rica is expected to be the weakest performing snack in 2024, registering only marginal volume growth, as some consumers cut back on gum. Gum is increasingly getting a bad name, in particular as it is non-biodegradable and can be a blight…

Chocolate confectionery in Costa Rica has enjoyed robust growth during the review period. In 2024, it is expected to register healthy current value and volume growth, as a positive economic picture bolsters growth. Chocolate confectionery seen as an…

Like other product categories in the country, wine in Costa Rica experienced high unit price increases in 2022, with official figures indicating a steep CPI increase of 11.2%. Despite these pricing developments, wine saw a positive performance both…

Spirits in Costa Rica saw healthy volume growth due to strong spending and consumption in 2022, as consumers returned to bars and restaurants following the lifting of pandemic restrictions. Emerging and niche categories such as (imported) English gin…

Consumer demand for RTDs continues to expand in Costa Rica in 2023 as new products enter the category. Consumers are also increasingly appreciating the convenience of RTDs (typically in can formats) as they are pre-mixed. In addition, sales are…

Cider/perry continued to be a small product area in terms of value and volume in Costa Rica in 2023. Despite the economic conditions affecting the country, including high inflation in 2022 and most of 2023, cider/perry is in line with strengthening…

According to official data, beer in Costa Rica recorded a CPI increase in excess of 16% in 2022, which was a sharp increase within the drinks industry. Coupled with the persistent inflationary pressures affecting the economy, consumers were forced to…