Dominican Republic: Food Processing Ingredients
As of September 2020, the Dominican Republic’s food processing industry was valued at $2.5 billion, with an additional $0.7 billion for processed beverages and other products during the same period. Meat processing, wheat milling, bakery products, and dairy processing continue to lead the domestic food processing sector. The COVID-19 pandemic did not affect the demand for most of those product categories during CY 2020. The United States continues to be a strong supplier of meats, edible oils, fats, dairy products, wheat, and other key ingredients. There is potential for increased exports of those and other U.S. ingredients, especially as CAFTA-DR moves towards full implementation by 2025.