Plant-Based Dairy in Vietnam

September 2023 | 19 pages | ID: PBA2AC157F19EN
Euromonitor International Ltd

Abstracts

The consumption of plant-based dairy remains a prominent and enduring trend within the broader dairy industry in 2023. The rise in popularity of the health and wellness and sustainability movements has significantly contributed to the increase in retail and foodservice volume sales of plant-based products. In 2023, plant-based dairy, with only plant-based milk recording significant sales, is expected to experience slower growth overall in retail volume terms and a stable retail current value gro...

Euromonitor International's Plant-based Dairy in Vietnam report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Plant-based Dairy market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Plant-Based Dairy in Vietnam
Euromonitor International
September 2023

LIST OF CONTENTS AND TABLES

PLANT-BASED DAIRY IN VIETNAM
KEY DATA FINDINGS

2023 DEVELOPMENTS

Plant-based dairy stabilises as maturity sets in soy drinks
New player enters the fray in “other” plant-based milk
Vietnam Soy Milk continues to lead and drive the category
PROSPECTS AND OPPORTUNITIES
A more diverse range of plant-based dairy is anticipated in Vietnam
Plant-based yoghurt and plant-based cheese struggle to emerge as significant categories
Trend towards sustainability boosts plant-based dairy
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
Table 5 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN VIETNAM
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 8 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 12 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 13 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 14 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources