Vietnam Yogurt Market is expected to undergo swift growth
rate during the forecast period and is expected to surpass the overall market
size of USD737 million in the forecast period till 2026.
Vietnam yogurt market is
anticipated to increase due to enhanced product offerings, inclusion of various
specialized yogurt types such as low fat and fat free, which is predominantly
supported by young consumers in Vietnam.
Yogurt Market is categorized by type (non-flavored, flavored), by fat content,
(regular, low fat, fat-free), by form (conventional yogurt, set yogurt, greek
yogurt, frozen yogurt, yogurt drinks and others), by packaging (pouches,
plastic bottles, tetra packs and others, by distribution channel (convenience
stores, independent small grocers, supermarket/hypermarket, online channel) and
on the type, Vietnam Yogurt Market is segmented into non-flavored and flavored
yogurt. As of 2020, non-flavored type yogurt category held the largest share in
the Vietnam Yogurt Market due to significant product varieties offered by the
companies with inclusion of the specialised yogurt products such as low fat and
fat free yogurt.
Based on the region, Vietnam
Yogurt Market is segmented into Northern Vietnam, Central Vietnam, Southern
Vietnam. Until 2020, Northern Vietnam held the largest market share in the Vietnam
Yogurt Market due to its higher GDP, living standards, and increasing
population. Also, Southern Vietnam, is another region showing a growing value
share in the yogurt market.
Based on the fat content, Vietnam Yogurt Market is
segmented into the regular, low fat, fat-free yogurt. Regular yogurt segment held
the largest share in Vietnam Yogurt Market in the base year 2020 due to its low
cost and Vietnamese peoples’ taste adaptability for the regular type of yogurt.
However, low fat and fat-free yogurt type are also
getting popular among the urban consumers, especially those who are influenced
with the western lifestyle. Besides, due
to increasing demand for low fat and fat-free yogurt, the Vietnam Yogurt Market
is expected to grow during the forecast period.
Some of the leading manufactures in the Vietnam Yogurt Market
includes Vietnam Dairy Products Joint
Stock Company, TH Food Chains Joint Stock Company, International Dairy Joint
Stock Company, Nestlé Vietnam Co., Ltd, Friesland Campina Co., Ltd among other
domestic and international players. Leading players are
also focusing on expanding their product portfolio in Vietnam to attract
considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Objective of the Study:
- To analyze historical growth in market size of
Vietnam Yogurt Market from 2016 to 2020.
- To estimate and forecast the market size of Vietnam Yogurt Market
from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the of Vietnam Yogurt Market
based on type, fat content, form, packaging type, distribution channels,
define, classify and forecast Vietnam Yogurt Market on the basis of segment (Non-Flavored
scrutinize the detailed market segmentation and forecast the market size
segmenting Vietnam Yogurt Market into three regions namely, Northern Vietnam, Central Vietnam,
and Southern Vietnam.
identify tailwinds and headwinds for Vietnam Yogurt Market.
get an idea about the consumers’ behavior towards brand awareness, sources of
information and factors influencing purchase decision.
examine competitive developments such as
expansions, new product launches, supply contracts and mergers and acquisitions
in the Vietnam Yogurt Market.
evaluate competitive pricing,
average market selling prices and trends in the Vietnam Yogurt Market.
strategically profile the leading players, which are involved in the supply of yogurt
products in Vietnam.
Click here to download the sample
TechSci Research performed primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of yogurt producers and suppliers in Vietnam. TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research was able to include producers that could not be identified due
to the limitations of secondary research. TechSci Research analyzed product
offerings, end use sector/s, and regional presence of all major yogurt suppliers
across the country.
Research calculated the market size for Vietnam Yogurt Market using a bottom-up
approach, wherein producers’ value sales data for different types of yogurt such
as (non-flavored and flavored), which was recorded and subsequently forecast
for the future years. TechSci Research sourced these values from industry experts
and company representatives and externally them validated through analyzing historical sales data of respective manufacturers to arrive
at the overall market size. Various secondary sources such as company annual
reports, white papers, investor presentations and financial reports were also
studied by TechSci Research.
Key Target Audience:
yogurt producers, suppliers, and
organizations, associations, and alliances related to dairy industry.
bodies such as regulating authorities and policy makers.
research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders such as yogurt producers, distributors, suppliers, and policy makers to understand which market segments should be targeted over the coming years in order
to strategize investments and capitalize on growth of the market.
In this report, Vietnam Yogurt Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
Yogurt Market, By Type:
Yogurt Market, By Fat Content:
Yogurt Market, By Form:
Yogurt Market, By Packaging:
Yogurt Market, By Distribution Channel:
Yogurt Market, By Region:
- Southern Vietnam
Company Profiles: Detailed analysis of the major
companies present in the Vietnam Yogurt Market.
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Channel Partner Analysis
list of distributors and dealers across the country.
analysis and profiling of additional market players (up to five).
analysis of new products in the market and their driving forces in the