Vietnam Food Market

July 27, 2020

Find hidden opportunities in the most current research data available understand competitive threats with our detailed market analysis and plan your. In the last few years numerous foreign brands have invested heavily in the market and are predicted to continue to do so largely driven by rapid urbanization increased spending and growth of the middle-class population.

Vietnamese Street Food At Market In Vietnam South East Asia Stock Photo Alamy

The Vietnam pet food market is projected to grow at a CAGR of 57 during the forecast period 2020-2025.

Vietnam food market. Strong food processing market segments in Vietnam. Market size comprises sales through all retail and non-retail sales. Every year we see new brands launching or coming from overseas.

Continuing our partnership with Ho Chi Minh City-based market research firm Decision Lab we summarize a few high-level trends of the food and beverage industry. Market Forecast is provided for five years. Discover the latest market trends and uncover sources of future market growth for the Consumer Foodservice industry in Vietnam with research from Euromonitors team of in-country analysts.

Edible Oils in Vietnam is given in VND and tonne with a minimum of five years historical data. Market size for Cooking. If that makes a difference.

Revenue in the Food Beverages segment is projected to reach US559m in 2021. Vietnam is a very nascent market and recently opened up the consumer space. Our 2021 Vietnam report include trends statistics opportunities sales data market share segmentation projections on the Food market.

The competitive landscape of packaged food in Vietnam is extremely fragmented with a high number of smaller local players present. The very low consumer awareness levels not just regarding the different products but also about the basics of pet healthcare ownership is a challenge to the pet market. Agri-food market in Vietnam including relevant information such as analysis of the Vietnamese market for different product categories market access and market entry procedures IP protection referrals to professional buyers and a signposting and referral system providing useful contacts and ways to penetrate the Vietnamese market.

And new concepts are always emerging. The market is led convincingly by Vietnam Dairy Products JSC Vinamilk due to its strength in the largest value category of dairy products and alternatives. The food and beverage sector has demonstrated strong growth in Vietnam.

Vietnam Food Reports. HO CHI MINH CITY VIETNAM - APRIL 10 2017. The food and beverage sector in Vietnam has shown strong growth in the last decade driven by not only foreign brands but also local brands.

The Vietnamese foodservice market is expected to reach USD 6503 billion by 2024 while recording a CAGR of 1305 during the forecast period 2019-2024. Vietnam Online Food Delivery Market Research Report. According to Statista Vietnams revenue in the food delivery market amounts to US274 million in 2020 backed by a compound annual growth rate of 165 during the 2020-2024 period resulting in a market volume of US505 million by 2024.

Jan 18 2021 USD 600. According to the Vietnam Ministry of Industry and Trade MoIT the production and processing of milk beverages cooking oil and confectionary are expected to grow to become the countrys most productive processing market. According to IMARC group Vietnam online food delivery market is expected to grow at a CAGR nearly 23 exhibit a double-digit growth during the forecast period 2019-2024.

The eCommerce market segment Food beverages contains the online sale of fresh and packaged foods. The Pizza FSR segment in Vietnam is dominated by international brands like Pizza Hut entered the market in 2007 Dominos entered the market in late 2010 Pizza Inn etc. Butter Yellow fats in Vietnam 2020 Market Sizes.

The frogs are not headless skinned but still jumping.

Food Market In The Old Quarter Of Hanoi Vietnam Stock Photo Alamy