Retail volume sales growth of chocolate confectionery is expected to return to positive rates in 2023 and retain similar mild growth throughout the rest of the forecast period. The pandemic’s damage to the local economy will continue to weaken spending power and heighten price-consciousness, leading many consumers to forgo more purchases of non-essential items like chocolate confectionery.
Although consumers have historically bought and consumed chocolate confectionery for indulgence reasons, many people are now seeking guilt-free indulgence snacks. Such snacks are typically healthy as well as tasty.
Mercasid is currently the clear leader in chocolate confectionery with over a fifth of the category value share. The top end of the competitive landscape is fairly consolidated with second and third place players, Genesa and Cortés Hermanos & Co, each holding double-digit shares.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery 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 Chocolate Confectionery 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.
Chocolate Confectionery
This is the aggregation of tablets, countlines, bagged selflines/softlines, boxed assortments, seasonal chocolate, chocolate with toys, alfajores and other chocolate confectionery. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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