Vietnam Black Tea Market 2024

The Vietnam black tea market is anticipated to witness significant growth, with an expected uptick of USD 59.2 million, equating to a compound annual growth rate (CAGR) of about 6.8% in the coming years. Vietnam’s black tea market is gradually expanding, driven by the country’s increasing interest in health-conscious beverages. Traditionally, green tea has dominated, but there is growing awareness of black tea’s health benefits, including its potential to improve heart health and metabolism. The rising popularity of premium black tea varieties, particularly from local production areas such as the Northern regions, is helping diversify the tea market. Additionally, the increasing trend of ready-to-drink black tea beverages in both urban and rural areas is pushing the market’s growth.

This report presents a detailed overview of the Vietnam black tea market, including key data on historical market size, growth rates, and future trends. It examines different market segments, paying close attention to factors like product type and distribution channel.

Market Segmentation

The Vietnam black tea market is structured as follows:
Product type: loose leaf black tea, black tea bags
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others

The black tea market in Vietnam is segmented based on product type and distribution channel. The market is classified by product type into loose leaf black tea, and black tea bags. Distribution channel segments consist of convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others.

Competitive Landscape

Leading companies in the black tea market comprise MJF Holdings Limited, Lipton Teas and Infusions and Ecological Product JSC (ECO). The report provides a detailed assessment of prominent companies within the black tea market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Vietnam black tea market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam black tea market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam black tea 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 Black Tea Market – Product Type Analysis
Vietnam Black Tea Market – Distribution Channel Analysis
Key Players and Market Share
– MJF Holdings Limited
– Lipton Teas and Infusions
– Ecological Product JSC (ECO)
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Vietnam Black Tea Market 2019-2029
Chart Vietnam Black Tea Market, Net Growth, 2019-2029
Chart Vietnam Black Tea Market, Growth Rates, 2019-2029
Table Vietnam Black Tea Market by Product Type, 2019-2029
Chart Vietnam Black Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Black Tea Market by Product Type, 2019-2029
Table Vietnam Black Tea Market by Distribution Channel, 2019-2029
Chart Vietnam Black Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Black Tea Market by Distribution Channel, 2019-2029
Table Vietnam Black Tea Market Share (%), by Companies, 2019-2023
Chart Vietnam Black Tea Market, by Companies, 2023
Table Vietnam Black Tea Market Share (%), by Brands, 2019-2023
Chart Vietnam Black Tea 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 Black Tea Market: Spend as a Proportion of GDP (%)
Table Vietnam Black Tea Market: Consumption per Capita (Population)

Companies Mentioned

MJF Holdings Limited
Lipton Teas and Infusions
Ecological Product JSC (ECO)