Vietnam Bread and Bakery Products Market (2023-2029) | Size, Growth, Industry, Analysis, Revenue, Trends, Value, Share, Outlook, Segmentation & COVID-19 IMPACT

Market Forecast By Type (Cake, Pastries, Bread, Others), By Claim (Gluten-Free, Organic), By Form (Fresh, Frozen, Others), And Competitive Landscape

Product Code: ETC018110 Publication Date: Oct 2020 Updated Date: Apr 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Topics Covered in the Vietnam Bread and Bakery Products Market

Vietnam Bread and Bakery Products Market report thoroughly cover the market by product type, by claim, and by form. The Bread and Bakery Products Market Outlook report provides an unbiased and detailed analysis of the ongoing Bread and Bakery Products Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Vietnam Bread And Bakery Products Market Synopsis

Vietnam Bread And Bakery Products Market is forecast to grow at an astonishing growth rate in the forthcoming years. The market growth is primarily attributed to rising disposable incomes, a growing population, and changing lifestyle trends.

According to 6Wresearch, the Vietnam Bread and Bakery Products Market size is projected to grow at an exponential growth rate during 2023-2029. The growing population and urbanization are some of the major factors driving further market growth. Additionally, the growing disposable incomes and Westernization are also propelling the Vietnam Bread and Bakery Products Market growth over the projected timeframe. However, the high prices of raw materials and competition from unorganized players are some of the major challenges faced by market players. Despite these challenges, the country's young population is also contributing to the growth of this market, as they are increasingly seeking out Western-style products. Additionally, the government initiatives to promote the domestic production of wheat and other grains are expected to further boost the market growth over the forecast period. The country's bread and pastry market is expected to generate the highest revenues. On account of rising health consciousness among consumers, the demand for healthier alternatives such as whole wheat bread and multi-grain bread is expected to witness significant growth in the upcoming years.

COVID-19 Impact on the Vietnam Bread and Bakery Products Market

The COVID-19 pandemic has had a significant impact on the Vietnam bread and bakery products industry by disrupting the supply chain for bread and bakery products. This has resulted in a shortage of raw materials and ingredients in Vietnam. Many bakeries and cafes were forced to close during the lockdowns, resulting in a decrease in demand for bread and bakery products. The demand for baking ingredients, such as flour and yeast has increased due to home baking trends. The COVID-19 pandemic has made consumers more health-conscious. Thus, the demand for whole grains and low-calorie bakery products has increased.

Key players in the Vietnam Bread and Bakery Products Market

There are several large companies that dominate the Vietnam bread and bakery products industry. For instance,

  • Viet Foods JSC
  • ONG xanh Company Limited.
  • Bim Bom Bakery
  • Grupo Bimbo
  • Jollibee Foods Corporation
  • Panrico SAU
  • Continental Bakeries Holding BV
  • Mondelez International Inc.
  • Associated British Foods plc
  • General Mills Inc.
  • Kellogg Company
  • ConAgra Brands Inc.
  • Nestle SA, United Bakery Equipment Company Limited (UBE)

Market Analysis by Product Type

According to Ravi Bhandari, Research Head, 6Wresearch, the cake and pastries segment is anticipated to grow at the fastest growth rate during the forecast period owing to the growing demand from young consumers.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022.
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam Bread and Bakery Products Market Outlook
  • Market Size of Vietnam Bread and Bakery Products Market, 2022
  • Forecast of Vietnam Bread and Bakery Products Market, 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Revenues & Volume for the Period 2019 - 2029
  • Vietnam Bread and Bakery Products Market Trend Evolution
  • Vietnam Bread and Bakery Products Market Drivers and Challenges
  • Vietnam Bread and Bakery Products Price Trends
  • Vietnam Bread and Bakery Products Porter's Five Forces
  • Vietnam Bread and Bakery Products Industry Life Cycle
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Type for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Cake for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Pastries for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Bread for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Others for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Claim for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Gluten-Free for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Organic for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Form for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Fresh for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Frozen for the Period 2019 - 2029
  • Historical Data and Forecast of Vietnam Bread and Bakery Products Market Revenues & Volume By Others for the Period 2019 - 2029
  • Vietnam Bread and Bakery Products Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Claim
  • Market Opportunity Assessment By Form
  • Vietnam Bread and Bakery Products Top Companies Market Share
  • Vietnam Bread and Bakery Products Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Bread and Bakery Products Company Profiles
  • Vietnam Bread and Bakery Products Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

  • Cake
  • Pastries
  • Bread
  • Others

By Claim

  • Gluten-Free
  • Organic

By Form

  • Fresh
  • Frozen
  • Others
Vietnam Bread and Bakery Products Market: FAQs
The surging population and rising disposable income, urbanization, and the growing popularity of Western-style baked goods are the major factors responsible for market proliferation.
Lack of skilled labor, the rising cost of ingredients, intense competition, and the need to maintain the quality of the products are the major challenges faced by the market.
The competition in the market is intense, with many players operating in the market.
The growing popularity of organic and gluten-free products, the increasing demand for premium baked goods, and the rising adoption of e-commerce channels are the major current trends in the market.
The COVID-19 pandemic has resulted in a slight decline in demand of bread and bakery products due to the closure of restaurants and cafes.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Vietnam Bread and Bakery Products Market Overview
3.1 Vietnam Bread and Bakery Products Market Revenues & Volume, 2019 - 2029F
3.2 Vietnam Bread and Bakery Products Market - Industry Life Cycle
3.3 Vietnam Bread and Bakery Products Market - Porter's Five Forces
3.4 Vietnam Bread and Bakery Products Market Revenues & Volume Share, By Type, 2022 & 2029F
3.5 Vietnam Bread and Bakery Products Market Revenues & Volume Share, By Claim, 2022 & 2029F
3.6 Vietnam Bread and Bakery Products Market Revenues & Volume Share, By Form , 2022 & 2029F
4 Impact Analysis of COVID-19 on Vietnam Bread and Bakery Products Market
5 Vietnam Bread and Bakery Products Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6 Vietnam Bread and Bakery Products Market Trends
7 Vietnam Bread and Bakery Products Market, By Type
7.1 Overview and Analysis
7.2 Vietnam Bread and Bakery Products Market Revenues & Volume, By Type, 2019 - 2029F
7.3 Vietnam Bread and Bakery Products Market Revenues & Volume, By Cake, 2019 - 2029F
7.4 Vietnam Bread and Bakery Products Market Revenues & Volume, By Pastries, 2019 - 2029F
7.5 Vietnam Bread and Bakery Products Market Revenues & Volume, By Breads, 2019 - 2029F
7.7 Vietnam Bread and Bakery Products Market Revenues & Volume, By Others, 2019 - 2029F
8 Vietnam Bread and Bakery Products Market, By Claim
8.1 Overview and Analysis
8.2 Vietnam Bread and Bakery Products Market Revenues & Volume, By Gluten-Free, 2019 - 2029F
8.3 Vietnam Bread and Bakery Products Market Revenues & Volume, By Organic, 2019 - 2029F
9 Vietnam Bread and Bakery Products Market, By Form
9.1 Overview and Analysis
9.2 Vietnam Bread and Bakery Products Market Revenues & Volume, By Fresh, 2019 - 2029F
9.3 Vietnam Bread and Bakery Products Market Revenues & Volume, By Frozen, 2019 - 2029F
9.4 Vietnam Bread and Bakery Products Market Revenues & Volume, By Others, 2019 - 2029F
10 Vietnam Bread and Bakery Products Market Import-Export Trade Statistics
10.1 Vietnam Bread and Bakery Products Market Export to Major Countries
10.2 Vietnam Bread and Bakery Products Market Imports from Major Countries
11 Vietnam Bread and Bakery Products Market Key Performance Indicators
12 Vietnam Bread and Bakery Products Market - Opportunity Assessment
12.1 Vietnam Bread and Bakery Products Market Opportunity Assessment, By Type, 2029F
12.2 Vietnam Bread and Bakery Products Market Opportunity Assessment, By Claim, 2029F
12.3 Vietnam Bread and Bakery Products Market Opportunity Assessment, By Form, 2029F
13 Vietnam Bread and Bakery Products Market - Competitive Landscape
13.1 Vietnam Bread and Bakery Products Market Revenue Share, By Companies, 2022
13.2 Vietnam Bread and Bakery Products Market Competitive Benchmarking, By Operating and Technical Parameters
14 Company Profiles
15 Recommendations
16 Disclaimer

 

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