Product Code: ETC4538971 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Brewing Ingredients Market is a dynamic sector driven by the country`s burgeoning beer industry. With a rising beer culture and a growing consumer base, there is a heightened demand for diverse brewing ingredients, including malt, hops, yeast, and specialty grains. Craft breweries are gaining traction, contributing to the market`s vibrancy. Additionally, changing consumer preferences and a penchant for unique and innovative beer flavors are influencing breweries to experiment with different brewing ingredients, fostering creativity and diversity in the market.
The Vietnam Brewing Ingredients Market is driven by a combination of factors that reflect the nation`s growing demand for diverse and high-quality beer products. One of the primary drivers is the increasing disposable income of Vietnamese consumers, which has resulted in a higher willingness to spend on premium and craft beer varieties. This economic growth has also led to a shift in consumer preferences towards more refined and unique beer flavors, necessitating the use of a wider range of brewing ingredients. Moreover, the rising popularity of beer as a social and celebratory beverage has contributed to a surge in microbreweries and beer-related tourism, stimulating the demand for various brewing ingredients such as malt, hops, and yeast. The expanding craft beer culture has further propelled the market as it demands innovative and distinctive ingredients to stand out in a crowded marketplace. Additionally, the government`s support for the local brewing industry and the reduction of trade barriers have fostered the growth of the brewing sector in Vietnam.
In the Vietnam Brewing Ingredients Market, the challenge lies in balancing tradition and innovation. While there is a growing demand for unique and craft beer experiences, traditional preferences for classic beer styles persist. Breweries face the task of innovating their offerings without alienating the established consumer base. Additionally, supply chain considerations, such as the availability and quality of raw brewing ingredients, pose challenges that require strategic planning and collaboration within the industry.
The Brewing Ingredients market in Vietnam encountered challenges and opportunities amid the COVID-19 pandemic. Disruptions in the hospitality sector and changes in consumer behavior influenced the demand for brewing ingredients. Homebrewing gained popularity as consumers sought new hobbies during lockdowns. Market players adapted by offering homebrewing kits, engaging with consumers through online platforms, and diversifying product offerings to cater to evolving preferences in the brewing landscape.
In the Vietnam Brewing Ingredients market, notable players are Sabeco (Vietnam Brewery Limited), Habeco (Hanoi Beer Alcohol and Beverage Corporation), and Saigon Alcohol Beer and Beverages Corporation (SABECO). These companies have a strong presence in the brewing industry, with Sabeco and Habeco being major players in the Vietnamese beer market. Saigon Alcohol Beer and Beverages Corporation, commonly known as SABECO, is another key contributor, producing a diverse range of alcoholic and non-alcoholic beverages.
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 Brewing Ingredients Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Brewing Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Brewing Ingredients Market - Industry Life Cycle |
3.4 Vietnam Brewing Ingredients Market - Porter's Five Forces |
3.5 Vietnam Brewing Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Brewing Ingredients Market Revenues & Volume Share, By Brewery Size, 2021 & 2031F |
3.7 Vietnam Brewing Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Vietnam Brewing Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumption of beer in Vietnam |
4.2.2 Growing popularity of craft breweries |
4.2.3 Rising disposable income and changing consumer preferences |
4.2.4 Government support to boost the brewing industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations and taxes on alcohol production |
4.3.3 Competition from imported brewing ingredients |
4.3.4 Lack of skilled labor in the brewing industry |
5 Vietnam Brewing Ingredients Market Trends |
6 Vietnam Brewing Ingredients Market, By Types |
6.1 Vietnam Brewing Ingredients Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Brewing Ingredients Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Brewing Ingredients Market Revenues & Volume, By Malt Extract, 2021-2031F |
6.1.4 Vietnam Brewing Ingredients Market Revenues & Volume, By Adjuncts/Grains, 2021-2031F |
6.1.5 Vietnam Brewing Ingredients Market Revenues & Volume, By Hops, 2021-2031F |
6.1.6 Vietnam Brewing Ingredients Market Revenues & Volume, By Beer Yeast, 2021-2031F |
6.1.7 Vietnam Brewing Ingredients Market Revenues & Volume, By Beer Additives, 2021-2031F |
6.2 Vietnam Brewing Ingredients Market, By Brewery Size |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Brewing Ingredients Market Revenues & Volume, By Macro Brewery , 2021-2031F |
6.2.3 Vietnam Brewing Ingredients Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.3 Vietnam Brewing Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Brewing Ingredients Market Revenues & Volume, By Dry , 2021-2031F |
6.3.3 Vietnam Brewing Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
7 Vietnam Brewing Ingredients Market Import-Export Trade Statistics |
7.1 Vietnam Brewing Ingredients Market Export to Major Countries |
7.2 Vietnam Brewing Ingredients Market Imports from Major Countries |
8 Vietnam Brewing Ingredients Market Key Performance Indicators |
8.1 Number of craft breweries in Vietnam |
8.2 Consumer spending on beer and related products |
8.3 Export/import volume of brewing ingredients |
8.4 Investments in research and development for brewing technologies |
8.5 Percentage of locally sourced brewing ingredients used |
9 Vietnam Brewing Ingredients Market - Opportunity Assessment |
9.1 Vietnam Brewing Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Brewing Ingredients Market Opportunity Assessment, By Brewery Size, 2021 & 2031F |
9.3 Vietnam Brewing Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Vietnam Brewing Ingredients Market - Competitive Landscape |
10.1 Vietnam Brewing Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Brewing Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |