Bread & Cereal Products - Dominican Republic

Revenue in the Bread & Bakery Products market amounts to US$1.60bn in 2024. The market is expected to grow annually by 6.84% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$278bn in 2024).
In relation to total population figures, per person revenues of US$140.40 are generated in 2024.
In the Bread & Bakery Products market, volume is expected to amount to 730.20m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 4.1% in 2025.0.
The average volume per person in the Bread & Bakery Products market is expected to amount to 56.1kg in 2024.

Definition:

The Bread & Cereal Products market covers baked goods made from dough. Dough consists of flour, water, a leavening agent, and other optional ingredients. Cereal products are made from a variety of grains, such as wheat, oats, and rice.

Structure:

The market consists of five different submarkets:

The Bread market covers baked goods made from dough which consist of flour, water, a leavening agent, and other optional ingredients.
The Pasta market covers fresh and dried pasta and noodles made from cereals that are usually used as part of a main meal.
The Rice market covers several rice varieties, such as long-grain rice, medium-grain rice, short-grain rice, white rice, brown rice, and wild rice, as well as sticky rice and parboiled rice.
The Breakfast Cereals market covers muesli and other grain-based breakfast products such as corn flakes and oats.
The Other Cereal Products market covers other products that are made from cereals, such as flour, baking flour, semolina, couscous, and bulgur.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

Fresh bread and bread rolls
Pasta
Rice
Breakfast cereals
Other cereal products (e.g. Flour, couscous, bulgur)

Biscuits
Cookies
Crackers
Cakes
Baby rice cereals and other baby cereals
Ready-to-eat meal based on cereals
Out-of-home consumption

The Bread & Cereal Products market in the Dominican Republic is experiencing minimal growth, influenced by factors such as changing consumer preferences, economic instability, and increasing competition from alternative breakfast options. Despite the convenience and health benefits of these products, the market is hindered by limited innovation and high production costs.

Customer preferences: As health and wellness become more prominent in Dominican culture, consumers are gravitating towards healthier options in the Bread & Cereal Products Market. This trend is driven by a growing awareness of the importance of a balanced diet and a desire for convenient and nutritious food options. As a result, there has been a rise in demand for organic and gluten-free products, as well as an increase in the use of alternative grains such as quinoa and amaranth. Additionally, there is a growing preference for locally sourced and sustainably produced bread and cereal products, reflecting a cultural shift towards supporting small businesses and promoting environmental sustainability.

Trends in the market: In Dominican Republic, the Bread & Cereal Products market is seeing an increase in demand for healthier and more diverse options. This trend is driven by consumers' growing awareness of the importance of a balanced diet and the availability of a wider range of products. Industry stakeholders are adapting by introducing new whole grain and gluten-free options, as well as incorporating local ingredients. This trend is expected to continue, presenting opportunities for innovation and growth in the market.

Local special circumstances: In the Dominican Republic, the Bread & Cereal Products Market is heavily influenced by the country's tropical climate and rich agricultural traditions. The abundance of locally grown grains, such as rice and maize, drives the production and consumption of bread and cereal products. Additionally, the Dominican Republic has a strong cultural preference for freshly baked goods, leading to a thriving market for artisanal bread and cereal products. Regulatory factors, such as import tariffs and food safety standards, also play a significant role in shaping the market dynamics.

Underlying macroeconomic factors: The Bread & Cereal Products Market in the Dominican Republic is heavily influenced by macroeconomic factors such as consumer purchasing power, inflation rates, and government policies on food imports and exports. In recent years, the country has experienced steady economic growth and a stable inflation rate, leading to an increase in consumer spending on food products. Additionally, government initiatives to promote local agriculture and reduce dependency on food imports have also impacted the market. However, the market may be affected by global economic trends, such as fluctuations in commodity prices and changes in trade policies between the Dominican Republic and its trading partners.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

Diets in high-income countries such as the United States consist of a lot of fats, animal products, sweeteners, and other products in addition to the ever-present food staples such as bread. Despite the comparatively lower share of staples in the food supply of these nations, staples still make up the majority of food intake. For example, consumers in the United States eat quite a lot of bread annually. Bread consumption in the U.S. amounts to 6.64 billion kilograms, or 19.84 kilograms per capita. In addition to bread, Americans consume a sizable amount of cake and pastry goods, namely 8.6 billion kilograms in 2022.