The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreDec 2020
US$2,100Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Like most countries, the Dominican Republic has been significantly impacted by the onset of the COVID-19 pandemic in 2020. The virus, and the government’s management of it, have affected sales of hot drinks in different ways.
Schools in the Dominican Republic proactively closed on 16 March. After declaring a state of emergency on 19 March, borders were closed including the land border with Haiti, and inbound sea and air arrivals were suspended at all ports, including cruises.
The pandemic’s main threat in 2020 has been to foodservice and foodservice-aligned distributors and producers – the shuttering of the industry in the first half of the year and the complete collapse in tourism have forced many smaller players out of business, and the marketplace has narrowed as a result. The country’s nascent premiumisation trend also looks set to face challenges in 2020-2021, as consumer price sensitivity sharpens in the wake of the economic impact of the virus.
There has been limited shift in retailing in the Dominican Republic in 2020, largely because the sector is still comparatively underdeveloped. Shopping online is clearly a safer and more convenient way to buy hot drinks during the pandemic; however, there is no visible sales of these products via e-commerce.
The impact of the virus on foodservice has been brutal. Foodservice outlets including cafés, bars and restaurants were closed for all business except takeaway and home delivery in mid-March, and although the government began to ease some elements of lockdown in June, there are regional variations and the industry has yet to return to normal.
The reopening of the economy is key to the recovery of hot drinks in the Dominican Republic, and in particular the return to business of the country’s workforce and the many cafés that underpin foodservice sales of coffee. However, the prospect of further regulation as infection rates begin to rise again at the end of 2020 is a strong possibility, although the vaccine may help restore consumer confidence.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Hot Drinks industry in Dominican Republic with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Hot Drinks industry in Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Dominican Republic for free:
The Hot Drinks in Dominican Republic market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Hot Drinks market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.