Convenience Store Menu Analysis: Market Share and Price Trends in Dominican Republic in 2023

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Nuts and seeds were found to be the most commonly used item in convenience stores, appearing on 16% of menu items, followed by vegetables and fruits. Cheese and herbs, spices and condiments were also elements. An investigation of menu categories shows that baked goods and morning products, comfort drinks, sandwiches and wraps, salads and side dishes, and puddings and desserts were the most popular in the convenience store format.

A study of annual price replenishment between 2022 and 2023 indicates that average menu values in the Dominican Republic’s convenience store network have experienced stable growth. Considering all channels (including convenience stores), the average price replenishment is 0. 7%. As on-site dining increases following the COVID-19 pandemic, the convenience segment in the Dominican Republic is expected to see overall growth. In addition, the arrival of new menu pieces focused on fitness and wellness is piquing the interest of those looking for nutritious menu features and greater variety.

Different restaurant types exhibited mixed price movements within the Dominican Republic foodservice market between 2022 and 2023. Of all the restaurant types, FSR exhibited highest price hike, while baker experienced a price decrease.

An in-depth investigation of convenience store pricing trends through location shows each region’s admission trends. The chart below shows the update in convenience store menu prices between 2022 and 2023 at the top five locations. As noted below, the menu of convenience store pieces in Santo Domingo are more affordable compared to Santo Domingo and Array.

As consumers become more price-conscious, traders are looking for tactics to optimize their prices in order to maintain their margin and market share. In the Dominican Republic market, convenience store operators rely on innovation as a very important tactic to attract consumers and optimize prices. As an increasing number of consumers seek out new experiences, foodservice operators will need to continually innovate their menu options, offering incredible flavors and quality, as well as a diverse variety of dishes. Operators want to showcase the unique flavors and flavors of their food. and beverages in a convenient format to increase visitor engagement.

To expand and explore GlobalData’s convenience store menu insights in the Dominican Republic, get the full report here.

GlobalData, the industry’s leading data provider, provides the underlying data, studies, and studies used to produce this article.

GlobalData’s Online Menu Intelligence is a database of the prices and benefits of dining venue operators on menus in the Foodservice Intelligence Center. The tool’s search options, such as cooking, category, menu item, ingredient, and place to eat, help users perform specific tasks. Search in terms of search value (average value and value change), menu item claims, popular categories, kitchen/ingredient penetration levels, etc.

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