Vietnam Sweet Biscuits Market 2024

Description

Expected to see substantial growth, the Vietnam sweet biscuits market is anticipated to move from USD 677.6 million in 2023 to USD 1,155.3 million by 2029, corresponding to a CAGR of 9.3%. Vietnam’s sweet biscuits market is expanding as disposable incomes rise and the middle class continues to grow. With urbanization on the rise, there is a growing demand for convenient and indulgent snack options like sweet biscuits, particularly among younger consumers. The market is also witnessing a shift towards healthier alternatives, with increasing demand for biscuits that are lower in sugar, made from whole grains, or contain added functional ingredients such as fiber. Premium and innovative biscuits are gaining popularity as consumers seek out new flavors and high-quality products. Increased access to modern retail channels is also supporting market growth.

This report provides a thorough assessment of the Vietnam sweet biscuits industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the sweet biscuits industry.

Market Segmentation

The Vietnam sweet biscuits market is categorized into the following segments:
Product type: chocolate biscuits, cookies, stuffed biscuits, plain biscuits, wafers
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, foodservice channels, e-commerce, others

The sweet biscuits market in the Vietnam is segmented by product type and distribution channel. In terms of product type, the market is segmented into chocolate biscuits, cookies, stuffed biscuits, plain biscuits, and wafers. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The sweet biscuits market is largely dominated by key players such as The PAN Group, Quang Ngai Sugar Joint Stock Company, PT. Mayora Indah Tbk, Orion Group, Nabati Group, Mondelez International Inc., Meiji Holdings Co. Ltd., Huu Nghi Food JSC, Hai Ha Confectionery JSC, Hai Chau Confectionery Joint Stock Company, Ezaki Glico Co. Ltd. and Danish Speciality Foods AAL DK A/S.

This comprehensive report analyzes the performance of leading companies in the sweet biscuits sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Vietnam sweet biscuits market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam sweet biscuits market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Vietnam sweet biscuits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam sweet biscuits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Vietnam Sweet Biscuits Market – Product Type Analysis
Vietnam Sweet Biscuits Market – Distribution Channel Analysis
Key Players and Market Share
– The PAN Group
– Quang Ngai Sugar Joint Stock Company
– PT. Mayora Indah, Tbk
– Orion Group
– Nabati Group
– Mondelez International Inc.
– Meiji Holdings Co., Ltd.
– Huu Nghi Food JSC
– Hai Ha Confectionery JSC
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Vietnam Sweet Biscuits Market 2019-2029
Chart Vietnam Sweet Biscuits Market, Net Growth, 2019-2029
Chart Vietnam Sweet Biscuits Market, Growth Rates, 2019-2029
Table Vietnam Sweet Biscuits Market by Product Type, 2019-2029
Chart Vietnam Sweet Biscuits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Sweet Biscuits Market by Product Type, 2019-2029
Table Vietnam Sweet Biscuits Market by Distribution Channel, 2019-2029
Chart Vietnam Sweet Biscuits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Sweet Biscuits Market by Distribution Channel, 2019-2029
Table Vietnam Sweet Biscuits Market Share (%), by Companies, 2019-2023
Chart Vietnam Sweet Biscuits Market, by Companies, 2023
Table Vietnam Sweet Biscuits Market Share (%), by Brands, 2019-2023
Chart Vietnam Sweet Biscuits Market, by Brands, 2023
Table Vietnam – Population (Millions) and Forecast
Table Vietnam – Consumer Price Index (CPI) and Forecast
Table Vietnam – Gross Domestic Product and Forecast
Table Vietnam Sweet Biscuits Market: Spend as a Proportion of GDP (%)
Table Vietnam Sweet Biscuits Market: Consumption per Capita (Population)

Companies Mentioned

The PAN Group
Quang Ngai Sugar Joint Stock Company
PT. Mayora Indah, Tbk
Orion Group
Nabati Group
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Huu Nghi Food JSC
Hai Ha Confectionery JSC
Hai Chau Confectionery Joint Stock Company
Ezaki Glico Co., Ltd.
Danish Speciality Foods AAL DK A/S