Yoghurt and Sour Milk Products in Dominican Republic

PROSPECTS

Healthy options and interesting flavours keep yoghurt sales buoyant

In 2019, further growth was seen in sales of yoghurt in the Dominican Republic as many options and new brands and products attracted greater numbers of new consumers. Adult consumers, in particular, have been attracted by the widening offer of new yoghurt textures and consistencies.

Drinking yoghurt attracts consumers via its convenience and wide variety of flavours

Drinking yoghurt continues to dominate overall sales of yoghurt in the Dominican Republic. It is preferred over traditional spoonable yoghurt, despite the boom in Greek yoghurt and the introduction of new brands and formats, as local consumers appreciate its convenience.

Wider distribution, offer of local flavours and yoghurt’s image as a nutritious snack will all boost sales

Sales of yoghurt are expected to continue seeing growth over the forecast period as new products make their way into additional distribution channels, such as independent small grocers. Locally-produced yoghurts are expected to continue dominating overall sales over the forecast period.

COMPETITIVE LANDSCAPE

Induveca extends lead with Yoka and portfolio of imported brands

Induveca SA continues to lead yoghurt sales with its popular Yoka brand. Yoka is a well-established brand supported by an extensive distribution network in the Dominican Republic.

Rica’s entry into yoghurt is expected to shake up competition

Yoghurt in the Dominican Republic is still dominated by just a few key players, notably Induveca SA and Sigma Alimentos Dominicana SA. Other players include Agroindustrial Los Angeles SRL with the Elite brand and Grupo San Juan SAS with San Juan.

International brands may increase share following new launches and production investment

Some international brands are present in yoghurt in the Dominican Republic, such as La Yogurt, but they have a relatively small value share compared to that held by domestic brands. Nevertheless, Dos Pinos from Costa Rica is a brand to watch over the forecast period.

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