Vietnam Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Crackers & Savory Biscuits, Morning Goods, Bread, Breakfast Cereals, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Vietnam Baked Food & Cereals market registered a growth of 4.32% to reach 18956080 VND Mn in 2018. Frozen Bread constitutes the leading segment in the Bread category, which recorded a per capita consumption of 0.03957 Kg in 2018. On the other hand, Hot Cereals is the fastest growing segment in the Breakfast Cereals category. The Sweet Biscuits category is expected to reach 8687255.9787 by 2023, witnessing a healthy CAGR of 5.93%. Among distribution channels, Supermarkets and Hypermarkets are the preferred destinations among the populace.

Some of the Key Takeaways

Specialist Retailers is the second largest distribution channel for the sales of Baked Food & Cereals in Vietnam.
The volume sale of Crackers & Savory Biscuits category observed a flat sale, despite the robust value growth.
Pastries & Sweet Pies segment volume sales are witnessing the fastest growth in the Cakes, Pastries & Sweet Pies category.