Vietnam Baby Food Market Size and Share by Categories, Distribution and Forecast to 2028
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Vietnam Baby Food Market Report Overview
The Vietnam baby food market size was VND18 trillion ($777.9 million) in 2022. The market is expected to achieve a CAGR of more than 4% during 2022-2028.
Vietnam Baby Food Market Outlook, 2022-2028 (VND Trillion)
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The Vietnam baby food market research report puts together multiple data sources to provide a comprehensive baby food sector overview in the country. The report covers key information about the per capita expenditure (PCE) and per capita consumption (PCC) to help in understanding the baby food market growth trajectory in Vietnam. Furthermore, the Vietnam baby food market analysis offers detailed category-wise, distribution channel-wise, and company-wise insights to understand potential business opportunities.
Market Size (2022) | VND18 trillion ($777.9 million) |
CAGR (2022-2028) | >4% |
Historical Period | 2016-2022 |
Forecast Period | 2023-2028 |
Key Categories | · Baby Milks
· Baby Cereals & Dry Meals · Baby Wet Meals & Other · Baby Finger Food · Baby Drinks |
Key Distribution Channels | · Hypermarkets and Supermarkets
· Convenience Stores · Drugstores & Pharmacies |
Leading Manufacturers | · Vinamilk
· Abbott Laboratories · Royal FrieslandCampina · Mead Johnson · Nestlé |
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Vietnam Baby Food Market Segmentation by Categories
Baby milks led the Vietnam baby food market by value and volume in 2022
The key categories in the Vietnam baby food market are:
- Baby Milks
- Baby Wet Meals & Other
- Baby Cereals & Dry Meals
- Baby Drinks
- Baby Finger Food
The baby milks category comprises breast-milk substitutes from birth to three years of age, which include first-stage, follow-on, and third-stage milk (also referred to as growing-up or toddler milk), and special dietary milk products. The growth, driven by the expansion of follow-on and growing-up milks sub-categories, broadened the consumer base and contributed to the overall increase in value sales.
Vietnam Baby Food Market Analysis by Categories, 2022 (%)
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Vietnam Baby Food Market Segmentation by Distribution Channels
Hypermarkets & supermarkets was the leading distribution channel for baby food in 2022
The key distribution channels in the Vietnam baby food market are:
- Hypermarkets & Supermarkets
- Convenience Stores
- Drugstores & Pharmacies
- Others
In 2022, hypermarkets & supermarkets held the top position as the leading distribution channel for baby food, followed by convenience stores, and drugstores & pharmacies.
Vietnam Baby Food Market Analysis by Distribution Channels, 2022 (%)
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Vietnam Baby Food Market - Competitive Landscape
Danone emerged as the baby food market leader in 2022
The leading companies in the Vietnam baby food market are:
- Vinamilk
- Abbott Laboratories
- Royal FrieslandCampina
- Mead Johnson
- Nestlé
- Others
Vinamilk led the market in 2022, followed by Abbott Laboratories, and Royal FrieslandCampina among others. The company offers powdered baby milk under the Dielac and Dielac Pedia brands.
Vietnam Baby Food Market Analysis, by Companies, 2022 (%)
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Segments Covered in the Report
Vietnam Baby Food Categories Outlook (Value, VND Trillion, 2016-2028)
- Baby Milks
- Baby Wet Meals & Other
- Baby Cereals & Dry Meals
- Baby Drinks
- Baby Finger Food
Vietnam Baby Food Distribution Channel Outlook (Value, VND Trillion, 2016-2028)
- Hypermarkets and Supermarkets
- Drugstores & Pharmacies
- Convenience Stores
Scope
This report provides:
- Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
- Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
- Market profile of the various product sectors with the key features & developments, segmentation, per capita trends, and the various manufacturers & brands.
- Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
- Future projections considering various trends that are likely to affect the industry.
Reasons to Buy
- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
- Analyze current and forecast behavior trends in each category to identify the best opportunities to exploit.
- Understand consumption by individual product categories to align your sales and marketing efforts with the latest trends in the market.
- Identify which categories are performing and how this is changing market dynamics.
Table of Contents
Table
Figures
Frequently asked questions
-
What was the Vietnam baby food market size in 2022?
The baby food market size in Vietnam was VND18 trillion ($777.9 million) in 2022.
-
What will the Vietnam baby food market growth rate be during the forecast period?
The baby food market in Vietnam is expected to achieve a CAGR of more than 4% during 2022-2028.
-
Which was the leading category in the Vietnam baby food market in 2022?
Baby milks was the leading category in the Vietnam baby food market in 2022.
-
Which was the leading distribution channel of the Greek baby food market in 2022?
Hypermarkets & supermarkets was the leading distribution channel of the Vietnam baby food market in 2022.
-
Which are the leading manufacturers in the Vietnam baby food market?
The leading manufacturers in the Vietnam baby food market are Vinamilk, Abbott Laboratories, Royal FrieslandCampina, Mead Johnson, and Nestlé among others.
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