Vietnam Hot Drinks Market Assessment by Categories, Distribution, Packaging, Demographics and Forecasts to 2027
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Vietnam Hot Drinks Market Report Overview
The Vietnam hot drinks market size was valued at VND68.8 trillion ($3 billion) in 2022 and is forecast to record a CAGR of more than 9% during 2022-2027. The Vietnam hot drinks market research report will help to identify high-potential categories and explore further market opportunities based on detailed value and volume analysis
Vietnam Hot Drinks Market Outlook 2022-2027, (VND Billion)
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Vietnam Hot Drinks Market Segmentation by Category
The key categories in the Vietnam hot drinks market are hot tea, hot coffee, and other hot drinks. Hot tea was the largest category in 2022. The other hot drinks category is forecast to register the fastest value growth during 2022–2027, followed by hot coffee.
Vietnam Hot Drinks Market Analysis, by Categories, 2022 (%)
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Vietnam Hot Drinks Market Segmentation by Distribution Channel
The key distribution channels in the Vietnam hot drinks market are convenience stores, hypermarkets & supermarkets, e-retailers, food & drinks specialists, and others. Convenience stores was the leading distribution channel in the Vietnam hot drinks sector in 2022.
Vietnam Hot Drinks Market Analysis by Distribution Channel, 2022 (%)
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Vietnam Hot Drinks Market – Competitive Landscape
Some of the key hot drinks companies in Vietnam are Vinatea, Unilever, Nestlé, Vinacafé Bien Hoa Joint Stock Company, and Dai Gia Trading & Service Co. Ltd. Vinatea accounted for a value share of more than 23% in the Vietnam hot drinks sector in 2022.
Vietnam Hot Drinks Market Analysis by Companies, 2022 (%)
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Vietnam Hot Drinks Market Overview
Market Size (2022) | VND68.8 trillion ($3 billion) |
CAGR (2022-2027) | >9% |
Historic Period | 2017-2021 |
Forecast Period | 2022-2027 |
Key Categories | Hot Tea, Hot Coffee, And Other Hot Drinks |
Key Distribution Channels | Convenience Stores, Hypermarkets & Supermarkets, E-Retailers, Food & Drinks Specialists, and Others |
Leading Companies | Vinatea, Unilever, Nestlé, Vinacafé Bien Hoa Joint Stock Company, and Dai Gia Trading & Service Co. Ltd |
Key Segments Covered in the Report
Vietnam Hot Drinks Market Outlook by Category (Value $ Billion, 2022-2027)
- Hot Tea
- Hot Coffee
- Other Hot Drinks
Vietnam Hot Drinks Market Outlook by Distribution Channel (Value $ Billion, 2022-2027)
- Convenience stores
- Hypermarkets & supermarkets
- E-retailers
- Food & drinks specialists
- Others
Key Highlights
- Per capita consumption and expenditure of hot drinks in Vietnam was lower than the global level but higher than the regional level in 2022
- Hot tea was the largest category, in value terms while hot coffee was the largest in volume terms in 2022.
- Convenience stores was the leading distribution channel in the Vietnam hot drinks sector
Reasons to Buy
- Identify high-potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Unilever
Nestlé
Vinacafé Bien Hoa Joint Stock Company
Dai Gia Trading & Service Co. Ltd.
Len's Coffee LLC
Associated British Foods Plc
Table of Contents
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Figures
Frequently asked questions
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What was the Vietnam hot drinks market size in 2022?
The hot drinks market size in Vietnam was valued at VND68.8 trillion ($3 billion) in 2022.
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What is the Vietnam hot drinks market growth rate during 2022-2027?
The hot drinks market in Vietnam will grow at a CAGR of more than 9% during 2022-2027.
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What are the key categories in the Vietnam hot drinks market?
The key categories in the Vietnam hot drinks market are hot tea, hot coffee, and other hot drinks.
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What are the key channels in the Vietnam hot drinks market?
The key distribution channels in the Vietnam hot drinks market are convenience stores, hypermarkets & supermarkets, e-retailers, food & drinks specialists, and others.
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Which are the key companies in the Vietnam hot drinks market?
Some of the key hot drinks companies in Vietnam are Vinatea, Unilever, Nestlé, Vinacafé Bien Hoa Joint Stock Company, and Dai Gia Trading & Service Co. Ltd.
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