Vietnam Ice Cream Market 2024

Description

The Vietnam ice cream market is anticipated to witness significant growth, with an expected uptick of USD 178.4 million, equating to a compound annual growth rate (CAGR) of about 8.4% in the coming years. Vietnam’s ice cream market is experiencing rapid growth due to urbanization and rising consumer spending power. A young population is driving demand for innovative and premium ice cream flavors, while traditional tastes remain a strong preference. Moreover, the expansion of modern retail and foodservice channels is making ice cream more accessible across the country, contributing to higher consumption.

This report presents a detailed overview of the Vietnam ice cream industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, ingredient and distribution channel. This detailed analysis supports the identification of growth opportunities within the ice cream industry.

Market Segmentation

The Vietnam ice cream market is structured as follows:
Type: dairy ice cream, water ice cream
Product type: impulse ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, others

In Vietnam, the ice cream market is segmented by type, product type, ingredient and distribution channel. The market is classified by type into dairy ice cream, and water ice cream. Product type segments encompass impulse ice creams, and take-home ice creams. Ingredient segments consist of fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, and others.

Competitive Landscape

Leading companies in the ice cream market comprise Vietnam Dairy Products Joint Stock Company (Vinamilk), Unilever PLC, Trang Tien Ice Cream JSC, TNC Consumer Goods JSC, Thuy Ta JSC (TTJ), Phan Nam Monterosa Trading JSC, Nestle S.A. and KIDO Corporation. The report provides a detailed assessment of prominent companies within the ice cream 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 ice cream market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam ice cream market: type, product type, ingredient 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 ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Vietnam Ice Cream Market – Type Analysis
Vietnam Ice Cream Market – Product Type Analysis
Vietnam Ice Cream Market – Ingredient Analysis
Vietnam Ice Cream Market – Distribution Channel Analysis
Key Players and Market Share
– Vietnam Dairy Products Joint Stock Company (Vinamilk)
– Unilever PLC
– Trang Tien Ice Cream JSC
– TNC Consumer Goods JSC
– Thuy Ta JSC (TTJ)
– Phan Nam Monterosa Trading JSC
– Nestle S.A.
– KIDO Corporation
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

Vietnam Dairy Products Joint Stock Company (Vinamilk)
Unilever PLC
Trang Tien Ice Cream JSC
TNC Consumer Goods JSC
Thuy Ta JSC (TTJ)
Phan Nam Monterosa Trading JSC
Nestle S.A.
KIDO Corporation