Processed Food Market in Vietnam

Date: June 23, 2009
Pages: 45
US$ 800.00
Publisher: RNCOS E-Services Pvt. Ltd.
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

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Processed Food Market in Vietnam
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With increasing urbanization and growing demand for quality food, the food processing industry is growing at rapid pace throughout the world. Vietnam is becoming a hub for food products processing as the industry has been growing at an annual rate of 20-30%. Changing consumption habits are making the processed food a big piece of cake for everyone in the country. Vietnamese now use more processed or preliminarily treated food to make meals, which is seen as a big opportunity for food processors, says a new research report “Processed Food Market in Vietnam”, by RNCOS, a leading market research firm.

We have found that the food processing industry in Vietnam is highly fragmented but it will consolidate, with further opening of the market, and will provide more growth opportunities to foreign companies. The availability of processed and packaged foods will improve as modern food-retailing businesses expand their operations to meet rising demand from more affluent consumers. In order to exploit the opportunities, many processed food producers have already started focusing on making processed food for domestic sales instead of making food for export as previously. Meanwhile, distributors are now racing to conquer the market.

Our findings also reveal that despite the fast growing domestic demand, the processed food industry in the country is still largely export-oriented and primarily dominated by seafood and agriculture food products. Seafood export is mainly dominated by shrimps but overseas demand for Tuna and Tra fish has also soared significantly in recent years. In future, we expect that Tuna and Tra fish together will account for majority of the seafood exports. In the agriculture segment, rice and coffee constitute the majority of exports.

Our report answers all the critical questions such as who are the key players, what are the opportunity area and the barriers before the industry. In addition, the research provides information of the future industry trends on the basis of past market growth, present trends and possible impact of recession on the economy.

We have done forecast analysis on following processed food products:
  • Sea Food
  • Shrimp
  • Tuna
  • Tra Fish
  • Fruit & Vegetable
  • Rice
  • Tea
  • Coffee
  • Meat
  • Milk
Key Players Discussed in the Report

This section provides business overview of key players in the processed food market of Vietnam, like Cafatex Corporation, Le Anh Seafoods, VISSAN and Vietnam Dairy Products JSC.




4.1 Sea Food Products
  4.1.1 Shrimp
  4.1.2 Tuna
  4.1.3 Tra Fish
4.2 Agriculture Food Products
  4.2.1 Fruit and Vegetable
  4.2.2 Rice
  4.2.3 Tea
  4.2.4 Coffee
4.3 Other Food Products
  4.3.1 Meat
  4.3.2 Milk


5.1 Organic Shrimp Farming
5.2 Higher Demand for Leg Shrimps
5.3 Sea Grapes - An Emerging Concept
5.4 Australia - A Promising Seafood Market
5.5 Russia Reopens Door for Vietnamese Seafood
5.6 New Coffee Trading Floors to Set-up


6.1 Cafatex Corporation
6.2 LE ANH Seafoods
6.4 Vietnam Dairy Products JSC


Figure 2-1: Real GDP Growth Rate (%), 2008-2013
Figure 2-2: Consumer Price Inflation (%), 2008-2013
Figure 2-3: Per Head Disposable Income (US$), 2008-2013
Figure 3-1: Agro-Fishery Products Export (Billion US$), 2007 & 2008
Figure 3-2: Agro-Fishery Products Export (%), 2008
Figure 4-1: Sea Food Output (Million Tonnes), 2007 & 2008
Figure 4-2: Share of Aquaculture and Catching in Seafood Output (2008)
Figure 4-3: Sea Food Export (Million US$), 2005-2008
Figure 4-4: Seafood Export by Destination (%), 2008
Figure 4-5: Forecast for Seafood Export (Billion US$), 2009-2013
Figure 4-6: Shrimp Export (Million US$), 2007 & 2008
Figure 4-7: Shrimp Export by Destination (%), 2008
Figure 4-8: Forecast for Shrimp Export (Million US$), 2009-2013
Figure 4-9: Tuna Export (Million US$), 2007 & 2008
Figure 4-10: Tuna Export by Destination (%), 2008
Figure 4-11: Forecast for Tuna Export (Million US$), 2009-2013
Figure 4-12: Tra Fish Export (Million US$), 2007 & 2008
Figure 4-13: Forecast for Tra Fish Export (Million US$), 2009-2013
Figure 4-14: Fruit and Vegetable Export (Million US$), 2007 & 2008
Figure 4-15: Fruit and Vegetable Export by Destination (%), 2007
Figure 4-16: Forecast for Fruit and Vegetable Export (Million US$), 2010 & 2020
Figure 4-17: Vegetable Oil Consumption (Kg/Head), 2003 & 2008
Figure 4-18: Rice Production (Million Tons), 2008, 2010 & 2020
Figure 4-19: Rice Export (Million Tonnes), 2007 & 2008
Figure 4-20: Rice Export (Million US$), 2007 & 2008
Figure 4-21: Rice Export by Destination (%), 2008
Figure 4-22: Forecast for Rice Export (Million Tons), 2010, 2015 & 2020
Figure 4-23: Rice Consumption and Export (%), 2007, 2010 & 2020
Figure 4-24: Tea Export (Million US$), 2007 & 2008
Figure 4-25: Forecast for Tea Export (Million US$), 2009 & 2010
Figure 4-26: Coffee Export (Billion US$), 2006-2008
Figure 4-27: Forecast for Coffee Export (Billion US$), 2009 & 2010
Figure 4-28: Meat Consumption (Kg/Head), 2002-2008
Figure 4-29: Meat Consumption by Type (%)
Figure 4-30: Forecast for Meat Consumption (Kg/Head), 2009-2013
Figure 4-31: Milk Consumption (Liter/Head), 2002-2008
Figure 4-32: Forecast for Milk Consumption (Liter/Head), 2009-2013
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