Press Release

Vietnam Frozen Food Market to Surpass USD2419.43 Million by 2027

Growing craze of ready-to-eat dishes and increasing disposable income to drive the Vietnam frozen food market through 2027.

According to TechSci Research report, Vietnam Frozen Food Market – By Region, Competition, Forecast & Opportunities, 2027”, the Vietnam frozen food market is anticipated to grow at a CAGR of over 6% in the next five years to reach USD2419.43 million by 2027. Anticipated growth in the market can be attributed to increasing disposable income and surging sales of frozen food. The growing trend of on-the-go eating is driving the growth of the frozen food market in the country as the working population does not have much time to cook; therefore, they prefer frozen food. Also, there is a common perception that these products are safer and more hygienic when compared to street food as these products are certified and are manufactured by leading companies. Increasing immigration in Vietnam for jobs with higher pay is another trend that is positively influencing the demand for frozen food in the country.

Packaging frozen food is one of the crucial steps in increasing the longevity of the product and protecting it from contamination and damage. Innovations in frozen food packaging are making the products more appealing and convenient to use. Companies focus on making the packaging attractive as it adds a visual value to the product and compels customers to buy it. Frozen food manufacturing companies are continuously trying to innovate the packaging of frozen food products and prefer moisture-vapor-proof packaging style to prevent evaporation, thus retaining the quality of the frozen food products.

Browse 22 market data Figures spread through 76 pages and an in-depth TOC on "Vietnam Frozen Food Market"

The Vietnam frozen food market consists of the following segments, category, product type, distribution channel, region, and company. In terms of category, the Vietnam frozen food market is segmented into ready-to-eat, ready-to-cook & others. The ready-to-cook segment accounted for a share of 21.48% in 2021 and the segment is expected to grow at the highest CAGR of 7.98% through 2027. Anticipated growth of the segment can be attributed to due to the convenience it offers as it saves money, energy, and time. Furthermore, with the growing influence of western culture, growing disposable income, people are changing their taste preference and shifting towards ready-to-cook frozen foods over home-cooked food.

Based on distribution channels, the Vietnam frozen food market is segmented into supermarkets/hypermarkets, departmental stores, specialty stores, online and others. The online segment is expected to grow at a CAGR of 8.63% through 2027. With a 70% mobile penetration rate providing better internet access and a recent increase in online retail and social commerce trends among young consumers in both major cities and rural areas of the country, there is a growing preference for online shopping among consumers. This can be attributed to the increasing tech-savvy youth population in the country.

Key players in the Vietnam frozen food market include:

·         CP Vietnam Livestock Joint Stock Company




·         GreenFeed Vietnam Corp



·         Viet Asia Foods Company Limited

·         CK Frozen Foods Vietnam Company Ltd.

·         DALAT - JAPAN FOOD CO., LTD.

·         L&H FOOD CO., LTD.

·         San Ha Co., Ltd.

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“In terms of region, the Vietnam frozen food market is segmented into South, West, Midwest, and Northeast. The southern region is expected to grow at a faster pace in the Vietnam frozen food market during the projected period as the region contributed to 40% of the country’s GDP. In addition, it also accounted for 42% of the country’s total FDI investment in 2020. Southern region includes major cities of Vietnam, i.e., Dong Nai, Ba Ria-Vung Tau, Long An, Tay Ninh, Binh Duong. The region is home to more than nine million people and is considered Vietnam's important financial and trading hub.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Vietnam Frozen Food Market By Category (Ready-to-Eat, Ready-to-Cook, Others (Raw Meat, Raw Vegetables, Raw Fruit, etc.)), By Product Type (Frozen Meat, Poultry & Seafood, Frozen Snacks, Frozen Fruits & Vegetables, Others (Frozen Desserts, Frozen Cooked Ready Meals, etc.)), By Distribution Channel (Departmental Store, Specialty Store, Supermarkets/Hypermarkets, Online, Others (Convenience Stores, Direct Sales, etc.)), By Region, By Top 10 States, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of frozen food market in the Vietnam and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the Vietnam Frozen Food market.


Mr. Ken Mathews

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