Vietnam Ice Cream Market 2025

The Vietnam ice cream market is expected to experience robust growth, with a projected increase of USD 178.4 million and a CAGR of approximately 8.4% throughout the forecast period. 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 delivers a deep dive into the Vietnam ice cream market, combining historical performance data from 2020 to 2024 with forward-looking projections through 2030. It uncovers critical insights into market size, growth rates, and key trends, providing a clear view of the industry’s evolution. By breaking down the market across type, product type, ingredient and distribution channel, the report identifies actionable opportunities for stakeholders to drive growth and outperform competitors.

Market Segmentation

The segmentation of the Vietnam ice cream market is outlined below:
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

The ice cream market in Vietnam is segmented based on type, product type, ingredient and distribution channel. By type, the market is categorized into dairy ice cream, and water ice cream. Product type segmentation includes impulse ice creams, and take-home ice creams. Ingredient segments cover fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, and others.

Competitive Landscape

The competitive landscape of the ice cream industry has been thoroughly analyzed, highlighting key players such as 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. This report presents an extensive analysis of major entities in the ice cream market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

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.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
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
Company Shares Analysis
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
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Vietnam Ice Cream Market 2020-2030
Chart Vietnam Ice Cream Market, Net Growth, 2020-2030
Chart Vietnam Ice Cream Market, Growth Rates, 2020-2030
Table Vietnam Ice Cream Market by Type, 2020-2030
Chart Vietnam Ice Cream Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Ice Cream Market by Type, 2020-2030
Table Vietnam Ice Cream Market by Product Type, 2020-2030
Chart Vietnam Ice Cream Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Ice Cream Market by Product Type, 2020-2030
Table Vietnam Ice Cream Market by Ingredient, 2020-2030
Chart Vietnam Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Ice Cream Market by Ingredient, 2020-2030
Table Vietnam Ice Cream Market by Distribution Channel, 2020-2030
Chart Vietnam Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Vietnam Ice Cream Market by Distribution Channel, 2020-2030
Table Vietnam Ice Cream Market Share (%), by Companies, 2020-2024
Chart Vietnam Ice Cream Market, by Companies, 2024
Table Vietnam Ice Cream Market Share (%), by Brands, 2020-2024
Chart Vietnam Ice Cream 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 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