Vietnam Wine Market 2024

Description

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Market Overview

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The wine in Vietnam market is expected to increase by USD 382.2 million, at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029, according to the latest edition of the Wine Market in Vietnam Report. The expansion of the middle class in Vietnam has resulted in higher spending power and a greater demand for premium and imported wines. Younger consumers in Vietnam are showing an increased interest in wine, favoring it over traditional alcoholic beverages. This demographic shift is driving demand for innovative and diverse wine products.

The report provides a comprehensive overview of the Vietnam wine industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the wine industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the wine industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

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Market Segmentation

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The wine market in Vietnam is segmented as below:
Product: fortified wine, non-grape wine, sparkling wine, still wine, and others
Distribution channel: convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, e-commerce, and others

The Vietnam wine market is segmented on the basis of product, and distribution channel. Based on product, the wine market in Vietnam is categorized into fortified wine, non-grape wine, sparkling wine, still wine, and others. On the basis of distribution channel, the wine market in Vietnam has been segmented into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, e-commerce, and others.

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Competitive Landscape

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The Vietnam wine market is highly competitive. Top players covered in Vietnam Wine Market Study are Thang Long Wine JSC, Les Grands Chais De France, Pernod Ricard Group, Accolade Wines Limited, Treasury Wine Estates Limited, Lamdong Foodstuffs Joint Stock Company, Baron Philippe de Rothschild S.A.

The report is an indispensable tool for companies and organizations operating in the wine industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the wine market.

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Why Buy This Report?

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Provide statistical data or estimations for the Vietnam wine market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the wine market in Vietnam
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the wine market in Vietnam looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

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Table of Contents

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TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Vietnam Wine Market – Product Analysis
3.1 Fortified wine
3.2 Non-grape wine
3.3 Sparkling wine
3.4 Still wine
3.5 Others
4. Vietnam Wine Market – Distribution Channel Analysis
4.1 Convenience stores
4.2 Supermarkets and hypermarkets
4.3 Specialty stores
4.4 Small grocery stores
4.5 Foodservice channels
4.6 E-commerce
4.7 Others
5. Company Profiles
5.1 Thang Long Wine JSC
5.2 Les Grands Chais De France
5.3 Pernod Ricard Group
5.4 Accolade Wines Limited
5.5 Treasury Wine Estates Limited
5.6 Lamdong Foodstuffs Joint Stock Company
5.7 Baron Philippe de Rothschild S.A.
DISCLAIMER

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Companies Mentioned

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Thang Long Wine JSC
Les Grands Chais De France
Pernod Ricard Group
Accolade Wines Limited
Treasury Wine Estates Limited
Lamdong Foodstuffs Joint Stock Company
Baron Philippe de Rothschild S.A.

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