+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Tea in Vietnam

  • PDF Icon

    Report

  • 23 Pages
  • December 2023
  • Region: Vietnam
  • Euromonitor International
  • ID: 586323
Sales of tea have continued to recover in retail volume terms and foodservice volume terms in 2023. Despite the economic pressures facing many households tea has continued to see stable demand in 2023 with sales backed by the end of the pandemic and government efforts to stimulate spending, such as the decision to reduce VAT from 10% to 8% for the final six months of the year.

The Tea in Vietnam report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2018-2022, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Tea market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

TEA IN VIETNAMKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Tea continues to record positive retail value growth in 2023
  • Fruit/herbal tea is the most dynamic tea category in 2023 as focus on health and wellness continues to grow
  • Instant tea benefits from product innovation with a focus on reduced sugar options
PROSPECTS AND OPPORTUNITIES
  • Tea sales expected to see strong growth thanks to the various health claims of these products and an improving economy
  • Health and wellness will remain a key influence on sales of tea
  • Retail E-Commerce will continue to expand its share in distribution channels.
CATEGORY DATA
  • Table 1 Retail Sales of Tea by Category: Volume 2018-2023
  • Table 2 Retail Sales of Tea by Category: Value 2018-2023
  • Table 3 Retail Sales of Tea by Category: % Volume Growth 2018-2023
  • Table 4 Retail Sales of Tea by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Tea: % Retail Value 2019-2023
  • Table 6 LBN Brand Shares of Tea: % Retail Value 2020-2023
  • Table 7 Forecast Retail Sales of Tea by Category: Volume 2023-2028
  • Table 8 Forecast Retail Sales of Tea by Category: Value 2023-2028
  • Table 9 Forecast Retail Sales of Tea by Category: % Volume Growth 2023-2028
  • Table 10 Forecast Retail Sales of Tea by Category: % Value Growth 2023-2028
HOT DRINKS IN VIETNAM
EXECUTIVE SUMMARY
  • Hot drinks in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • Foodservice vs retail split
  • What next for hot drinks?
MARKET DATA
  • Table 11 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2018-2023
  • Table 12 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2018-2023
  • Table 13 Retail Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 14 Retail Sales of Hot Drinks by Category: Value 2018-2023
  • Table 15 Retail Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 16 Retail Sales of Hot Drinks by Category: % Value Growth 2018-2023
  • Table 17 Foodservice Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 18 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 19 Total Sales of Hot Drinks by Category: Total Volume 2018-2023
  • Table 20 Total Sales of Hot Drinks by Category: % Total Volume Growth 2018-2023
  • Table 21 NBO Company Shares of Hot Drinks: % Retail Value 2019-2023
  • Table 22 LBN Brand Shares of Hot Drinks: % Retail Value 2020-2023
  • Table 23 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2018-2023
  • Table 24 Retail Distribution of Hot Drinks by Format: % Volume 2018-2023
  • Table 25 Retail Distribution of Hot Drinks by Format and Category: % Volume 2023
  • Table 26 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2023-2028
  • Table 27 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2023-2028
  • Table 28 Forecast Retail Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 29 Forecast Retail Sales of Hot Drinks by Category: Value 2023-2028
  • Table 30 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 31 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2023-2028
  • Table 32 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 33 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 34 Forecast Total Sales of Hot Drinks by Category: Total Volume 2023-2028
  • Table 35 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources