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The Vietnamese 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. The Vietnamese 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.Speak directly to the analyst to clarify any post sales queries you may have.
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The Vietnamese 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 by region.
Based on the type, the Vietnamese 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, the Vietnamese 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, the Vietnamese Yogurt Market is segmented into the regular, low fat, fat-free yogurt. Regular yogurt segment held the largest share in the Vietnamese 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 the consumers.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze historical growth in market size of the Vietnamese Yogurt Market from 2016 to 2020.
- To estimate and forecast the market size of the Vietnamese Yogurt Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the of the Vietnamese Yogurt Market based on type, fat content, form, packaging type, distribution channels, regional distribution.
- To define, classify and forecast the Vietnamese Yogurt Market on the basis of segment (Non-Flavored and Flavored)
- To scrutinize the detailed market segmentation and forecast the market size segmenting the Vietnamese Yogurt Market into three regions namely, Northern Vietnam, Central Vietnam, and Southern Vietnam.
- To identify tailwinds and headwinds for the Vietnamese Yogurt Market.
- To get an idea about the consumers’ behavior towards brand awareness, sources of information and factors influencing purchase decision.
- To examine competitive developments such as expansions, new product launches, supply contracts and mergers and acquisitions in the Vietnamese Yogurt Market.
- To evaluate competitive pricing, average market selling prices and trends in the Vietnamese Yogurt Market.
- To strategically profile the leading players, which are involved in the supply of yogurt products in Vietnam.
The publisher performed primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of yogurt producers and suppliers in Vietnam. The publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher was able to include producers that could not be identified due to the limitations of secondary research. The publisher analyzed product offerings, end-use sector/s, and regional presence of all major yogurt suppliers across the country.
The publisher calculated the market size for the Vietnamese Yogurt Market by 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. The publisher sourced these values from the 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.
Key Target Audience:
- Vietnam yogurt producers, suppliers, and other stakeholders
- Associations, organizations, associations, and alliances related to dairy industry.
- Government bodies such as regulating authorities and policy makers.
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the 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 the growth of the market.
Report Scope:
In this report, the Vietnamese Yogurt Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Yogurt Market, By Type:
- Non-Flavored
- Flavored
Vietnam Yogurt Market, By Fat Content:
- Regular
- Low Fat
- Fat Free
Vietnam Yogurt Market, By Form:
- Conventional Yogurt
- Set Yogurt
- Greek Yogurt
- Frozen Yogurt
- Yogurt Drinks
- Others
Vietnam Yogurt Market, By Packaging:
- Pouches
- Tetra Packs
- Plastic Bottles
- Others
Vietnam Yogurt Market, By Distribution Channel:
- Convenience Stores
- Independent Small Grocers
- Supermarket/Hypermarket
- Online
Vietnam Yogurt Market, By Region:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnamese Yogurt Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology
3. Impact of COVID-19 on Vietnam Yogurt Market
4. Executive Summary
5. Voice of Customer
5.1 Factors Influencing Purchase Decision
5.2 Brand Awareness
6. Vietnam Yogurt Market outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Flavored and Non-Flavored)
6.2.2. By Fat Content (Regular, Low Fat and Fat Free)
6.2.3. By Form (Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others)
6.2.4. By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others)
6.2.5. By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel)
6.2.6. By Region
6.2.7. By Company (2020)
6.3. Product Market Map
7. Vietnam Flavored Yogurt Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Fat Content
7.2.2. By Form
7.2.3. By Packaging
7.2.4. By Distribution Channel
8. Vietnam Non-Flavored Yogurt Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Fat Content
8.2.2. By Form
8.2.3. By Packaging
8.2.4. By Distribution Channel
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Development
11. Pricing Analysis
12. Policy & Regulatory Landscape
13. Vietnam Economic Profile
14. Competitive Landscape
14.1. Vietnam Dairy Products Joint Stock Company
14.2. TH Food Chains Joint Stock Company
14.3. International Dairy Joint Stock Company
14.4. Friesland Campina Co., Ltd.
14.5. Nestlé Vietnam Co., Ltd
14.6. Kido Dairy Products JS Co
14.7. Fonterra Brands Co., Ltd.
14.8. Danone Vietnam Co., Ltd.
14.9. DKSH Vietnam Co., Ltd.
14.10. Dai Tan Viet Joint Stock Company
15. Strategic Recommendations
16. About the Publisher & DisclaimerList of Figures
Figure 1: Vietnam Yogurt market Size, By Value (USD Million), 2016-2026F
Figure 2: Vietnam Yogurt Market Share, By Type, By Value, 2016-2026F
Figure 3: Vietnam Yogurt Market Share, By Fat Content, By Value, 2016-2026F
Figure 4: Vietnam Yogurt Market Share, By Form, By Value, 2016-2026F
Figure 5: Vietnam Yogurt Market Share, By Packaging, By Value, 2016-2026F
Figure 6: Vietnam Yogurt Market Share, By Distribution Channel, By Value, 2016-2026F
Figure 7: Vietnam Yogurt Market Share, By Region, By Value, 2020 & 2026F
Figure 8: Vietnam Yogurt Market Share, By Company, By Value, 2020
Figure 9: Vietnam Yogurt Product Market Map, By Type, By Value, 2021-2026F
Figure 10: Vietnam Yogurt Product Market Map, By Fat Content, By Value, 2021-2026F
Figure 11: Vietnam Yogurt Product Market Map, By Form, By Value, 2021-2026F
Figure 12: Vietnam Yogurt Product Market Map, By Packaging, By Value, 2021-2026F
Figure 13: Vietnam Yogurt Product Market Map, By Distribution Channel, By Value, 2021-2026F
Figure 14: Vietnam Yogurt Product Market Map, By Region, By Value, 2021-2026F
Figure 15: Vietnam Flavored Yogurt Market Size, By Value (USD Million), 2016-2026F
Figure 16: Vietnam Flavored Yogurt Market Share, By Fat Content, By Value, 2016-2026F
Figure 17: Vietnam Flavored Yogurt Market Share, By Form, By Value, 2016-2026F
Figure 18: Vietnam Flavored Yogurt Market Share, By Packaging, By Value, 2016-2026F
Figure 19: Vietnam Flavored Yogurt Market Share, By Distribution Channel, By Value, 2016-2026F
Figure 20: Vietnam Non-Flavored Yogurt Market Size, By Value (USD Million), 2016-2026F.
Figure 21: Vietnam Non-Flavored Yogurt Market Share, By Fat Content, By Value, 2016-2026F.
Figure 22: Vietnam Non-Flavored Yogurt Market Share, By Form, By Value, 2016-2026F.
Figure 23: Vietnam Non-Flavored Yogurt Market Share, By Packaging, By Value, 2016-2026F.
Figure 24: Vietnam Non-Flavored Yogurt Market Share, By Distribution Channel, By Value, 2016-2026F
Companies Mentioned
- Vietnam Dairy Products Joint Stock Company
- TH Food Chains Joint Stock Company
- International Dairy Joint Stock Company
- Friesland Campina Co., Ltd.
- Nestlé Vietnam Co., Ltd
- Kido Dairy Products JS Co
- Fonterra Brands Co., Ltd.
- Danone Vietnam Co., Ltd.
- DKSH Vietnam Co., Ltd.
- Dai Tan Viet Joint Stock Company