Vietnam Ice Cream Market 2024

Description

The ice cream market in Vietnam is anticipated to increase by USD 193.9 million till 2029 at an average annual growth of 11.1 percent as per the latest market estimates. The rise in disposable income has enabled more consumers to afford ice cream products, particularly driving demand within the expanding middle class. Manufacturers have responded by introducing innovative flavors and healthier options, such as low-fat and dairy-free ice creams, to cater to a diverse consumer base. These innovations attract health-conscious consumers who might otherwise avoid traditional ice cream products. Additionally, ice cream brands have significantly increased product visibility and consumer interest through aggressive marketing and promotional activities. Seasonal promotions, product sampling events, and attractive packaging play crucial roles in capturing consumer attention.

The report provides a comprehensive analysis of the Vietnam ice cream industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product type, ingredient, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the ice cream sector.

Market Segmentation

The segmentation of the ice cream market in Vietnam is outlined below:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others

The Vietnam ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. On the basis of type, the ice cream market in Vietnam has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the ice cream market in Vietnam has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the ice cream market in Vietnam is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the ice cream market in Vietnam has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.

Competitive Landscape

The Vietnam ice cream market is highly competitive. Top players covered in Vietnam Ice Cream Market Study are Vietnam Dairy Products Joint Stock Company (Vinamilk), Unilever PLC, Trang Tien Ice Cream JSC, Thuy Ta JSC (TTJ), Phan Nam Monterosa Trading JSC, Nestle S.A., KIDO Corporation, Fanny Vietnam JSC.

The report offers a comprehensive review of the Vietnam ice cream market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Vietnam ice cream market.
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.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewVietnam 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
– Thuy Ta JSC (TTJ)
– Phan Nam Monterosa Trading JSC
…
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)