Vietnam Confectionery Market 2025

The Vietnam confectionery market is projected to expand from USD 1,098.7 million in 2024 to USD 1,842.6 million by 2030, achieving a CAGR of 9% during the period from 2025 to 2030. Vietnam’s confectionery market is experiencing robust growth, driven by rising disposable incomes and an expanding middle class. The market is seeing increasing demand for indulgent snacks, while health-conscious consumers are showing interest in low-sugar and organic options. The rapid development of modern retail channels is also boosting product accessibility.

This report provides a strategic analysis of the Vietnam confectionery market, examining historical trends from 2020 to 2024 and forecasting developments through 2030. It assesses market size, growth trajectories, and key drivers of change, offering a comprehensive view of the industry’s future. By dissecting the market into product type, packaging type and distribution channel, the report identifies high-potential opportunities and actionable strategies for market players to thrive in a competitive landscape.

Market Segmentation

The Vietnam confectionery market is categorized into the following segments:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, others

The confectionery market in the Vietnam is segmented by product type, packaging type and distribution channel. By product type, it includes chocolate, gums, and sugar confectionery. Packaging type segments are divided into flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments encompass convenience stores, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Key players in the Vietnam confectionery market include Triko Foods Co., The PAN Group, The Hershey Company, PT. Mayora Indah Tbk, Perfetti Van Melle Group, Orion Group, Nestle S.A., Mondelez International Inc., Mars Incorporated, Lotte Corporation, Long Hai Co. Ltd., Hanh Dung Co. Ltd., Hai Ha Confectionery JSC, Hai Chau Confectionery Joint Stock Company and Ferrero International S.A.

This comprehensive report analyzes the performance of leading companies in the confectionery sector from 2020 to 2024. 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 confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam confectionery market: product type, packaging 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 confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam confectionery 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
Market Segmentation
Market Overview
Vietnam Confectionery Market – Product Type Analysis
Vietnam Confectionery Market – Packaging Type Analysis
Vietnam Confectionery Market – Distribution Channel Analysis
Company Shares Analysis
Triko Foods Co.
The PAN Group
The Hershey Company
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Orion Group
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Vietnam Confectionery Market 2020-2030
Chart Vietnam Confectionery Market, Net Growth, 2020-2030
Chart Vietnam Confectionery Market, Growth Rates, 2020-2030
Table Vietnam Confectionery Market by Product Type, 2020-2030
Chart Vietnam Confectionery Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Confectionery Market by Product Type, 2020-2030
Table Vietnam Confectionery Market by Packaging Type, 2020-2030
Chart Vietnam Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Confectionery Market by Packaging Type, 2020-2030
Table Vietnam Confectionery Market by Distribution Channel, 2020-2030
Chart Vietnam Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Confectionery Market by Distribution Channel, 2020-2030
Table Vietnam Confectionery Market Share (%), by Companies, 2020-2024
Chart Vietnam Confectionery Market, by Companies, 2024
Table Vietnam Confectionery Market Share (%), by Brands, 2020-2024
Chart Vietnam Confectionery Market, by Brands, 2024
Table Vietnam – Population (Millions) and Forecast
Table Vietnam – Consumer Price Index (CPI) and Forecast
Table Vietnam – Gross Domestic Product and Forecast
Table Vietnam Confectionery Market: Spend as a Proportion of GDP (%)
Table Vietnam Confectionery Market: Consumption per Capita (Population)

Companies Mentioned

Triko Foods Co.
The PAN Group
The Hershey Company
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Orion Group
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Lotte Corporation
Long Hai Co., Ltd.
Hanh Dung Co., Ltd.
Hai Ha Confectionery JSC
Hai Chau Confectionery Joint Stock Company
Ferrero International S.A.