Vietnam Food Processing Ingredients - 2015 Annual report

The Vietnamese food processing sector continues to expand supported by rebounding economic growth and macroeconomic stability, Vietnam’s deepening international economic integration, and a rapidly urbanizing, youthful population which are shifting their diets to include more processed and package food products. As foreign invested food processors continue to establish themselves in the Vietnam market, the prospects for U.S. food ingredient exporters will continue to improve, but the overall market will remain very competitive, with preference continuing to be given to regional ingredient exporters, such as South Korea, Thailand, and Malaysia.

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Description

SECTION I – MARKET SUMMARY

Vietnam’s food processing and beverage industry continued to grow in 2014, expanding 5.1 percent in the food processing sector, versus a 6 percent growth rate in 2013; and 10 percent in the beverage sector, from 8.8 percent in 2013, according to data provided by Vietnam’s General Statistics Office (GSO) (at
2010 prices). At current prices, Vietnam’s food and beverage industry is growing fast at almost 21 percent in 2013, with food production growing at 20 percent, and beverage production growing by almost 27 percent.

SECTION II – ROAD MAP FOR MARKET ENTRY

A. ENTRY STRATEGY

B. MARKET STRUCTURE

C. COMPANY PROFILES

SECTION III. COMPETITION

SECTION IV. BEST PRODUCT PROSPECTS

A. Products present in the market which have good sales potential

B. Products not present in significant quantities but which have good sales potential

C. Products Not Present Because They Face Significant Barriers

SECTION V: POST CONTACT AND FURTHER INFORMATION

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