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 | |
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 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.
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.
There are several large companies that dominate the Vietnam bread and bakery products industry. For instance,
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.
The report offers a comprehensive study of the subsequent market segments:
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 |