Processed Food Market in Vietnam

Published by: RNCOS

Published: Jun. 1, 2009 - 45 Pages

Table of Contents

1. Analyst View

2. Macroeconomic Overview

3. Food Processing Industry

4. Market Performance and Future Outlook

4.1 Sea Food Products

4.1.1 Shrimp

4.1.2 Tuna

4.1.3 Tra Fish

4.2 Agriculture Food Products

4.2.1 Fruit and Vegetable

4.2.2 Rice

4.2.3 Tea

4.2.4 Coffee

4.3 Other Food Products

4.3.1 Meat

4.3.2 Milk

5. Latest Industry Trends

5.1 Organic Shrimp Farming

5.2 Higher Demand for Leg Shrimps

5.3 Sea Grapes - An Emerging Concept

5.4 Australia - A Promising Seafood Market

5.5 Russia Reopens Door for Vietnamese Seafood

5.6 New Coffee Trading Floors to Set-up

6. Key Players

6.1 Cafatex Corporation

6.2 LE ANH Seafoods

6.3 VISSAN

6.4 Vietnam Dairy Products JSC

List of Figures:

Figure 2-1: Real GDP Growth Rate (%), 2008-2013

Figure 2-2: Consumer Price Inflation (%), 2008-2013

Figure 2-3: Per Head Disposable Income (US$), 2008-2013

Figure 3-1: Agro-Fishery Products Export (Billion US$), 2007 & 2008

Figure 3-2: Agro-Fishery Products Export (%), 2008

Figure 4-1: Sea Food Output (Million Tonnes), 2007 & 2008

Figure 4-2: Share of Aquaculture and Catching in Seafood Output (2008)

Figure 4-3: Sea Food Export (Million US$), 2005-2008

Figure 4-4: Seafood Export by Destination (%), 2008

Figure 4-5: Forecast for Seafood Export (Billion US$), 2009-2013

Figure 4-6: Shrimp Export (Million US$), 2007 & 2008

Figure 4-7: Shrimp Export by Destination (%), 2008

Figure 4-8: Forecast for Shrimp Export (Million US$), 2009-2013

Figure 4-9: Tuna Export (Million US$), 2007 & 2008

Figure 4-10: Tuna Export by Destination (%), 2008

Figure 4-11: Forecast for Tuna Export (Million US$), 2009-2013

Figure 4-12: Tra Fish Export (Million US$), 2007 & 2008

Figure 4-13: Forecast for Tra Fish Export (Million US$), 2009-2013

Figure 4-14: Fruit and Vegetable Export (Million US$), 2007 & 2008

Figure 4-15: Fruit and Vegetable Export by Destination (%), 2007

Figure 4-16: Forecast for Fruit and Vegetable Export (Million US$), 2010 & 2020

Figure 4-17: Vegetable Oil Consumption (Kg/Head), 2003 & 2008

Figure 4-18: Rice Production (Million Tons), 2008, 2010 & 2020

Figure 4-19: Rice Export (Million Tonnes), 2007 & 2008

Figure 4-20: Rice Export (Million US$), 2007 & 2008

Figure 4-21: Rice Export by Destination (%), 2008

Figure 4-22: Forecast for Rice Export (Million Tons), 2010, 2015 & 2020

Figure 4-23: Rice Consumption and Export (%), 2007, 2010 & 2020

Figure 4-24: Tea Export (Million US$), 2007 & 2008

Figure 4-25: Forecast for Tea Export (Million US$), 2009 & 2010

Figure 4-26: Coffee Export (Billion US$), 2006-2008

Figure 4-27: Forecast for Coffee Export (Billion US$), 2009 & 2010

Figure 4-28: Meat Consumption (Kg/Head), 2002-2008

Figure 4-29: Meat Consumption by Type (%)

Figure 4-30: Forecast for Meat Consumption (Kg/Head), 2009-2013

Figure 4-31: Milk Consumption (Liter/Head), 2002-2008

Figure 4-32: Forecast for Milk Consumption (Liter/Head), 2009-2013

Abstract

With increasing urbanization and growing demand for quality food, the food processing industry is growing at rapid pace throughout the world. Vietnam is becoming a hub for food products processing as the industry has been growing at an annual rate of 20-30%. Changing consumption habits are making the processed food a big piece of cake for everyone in the country. Vietnamese now use more processed or preliminarily treated food to make meals, which is seen as a big opportunity for food processors, says a new research report “Processed Food Market in Vietnam”, by RNCOS, a leading market research firm.

We have found that the food processing industry in Vietnam is highly fragmented but it will consolidate, with further opening of the market, and will provide more growth opportunities to foreign companies. The availability of processed and packaged foods will improve as modern food-retailing businesses expand their operations to meet rising demand from more affluent consumers. In order to exploit the opportunities, many processed food producers have already started focusing on making processed food for domestic sales instead of making food for export as previously. Meanwhile, distributors are now racing to conquer the market.

Our findings also reveal that despite the fast growing domestic demand, the processed food industry in the country is still largely export-oriented and primarily dominated by seafood and agriculture food products. Seafood export is mainly dominated by shrimps but overseas demand for Tuna and Tra fish has also soared significantly in recent years. In future, we expect that Tuna and Tra fish together will account for majority of the seafood exports. In the agriculture segment, rice and coffee constitute the majority of exports.

Our report answers all the critical questions such as who are the key players, what are the opportunity area and the barriers before the industry. In addition, the research provides information of the future industry trends on the basis of past market growth, present trends and possible impact of recession on the economy.

We have done forecast analysis on following processed food products:

• Sea Food
• Shrimp
• Tuna
• Tra Fish
• Fruit & Vegetable
• Rice
• Tea
• Coffee
• Meat
• Milk

Key Players Discussed in the Report

This section provides business overview of key players in the processed food market of Vietnam, like Cafatex Corporation, Le Anh Seafoods, VISSAN and Vietnam Dairy Products JSC.

Get Full Details About This Report >>

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 250,000 market research reports, company profiles and country profiles from over 650 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.