Product Code: ETC126097 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Cider Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.80% in 2025, climbs to a high of 15.54% in 2027, and moderates to 13.68% by 2029.
The Cider market in Vietnam is projected to grow at a exponential growth rate of 15.54% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Vietnam cider market has shown promising growth in recent years, driven by the country`s increasing urbanization, changing consumer preferences, and the popularity of alcoholic beverages among the younger population. Cider, a fermented alcoholic beverage made from apples or other fruits, has gained traction as a refreshing and lighter alternative to traditional beers and spirits. As Vietnam experiences economic development and a rise in disposable incomes, the demand for cider as a trendy and flavorful drink option has been on the rise.
Several factors have contributed to the growth of the cider market in Vietnam. Firstly, the country`s youthful demographic profile and growing urbanization have led to an increase in the number of young and affluent consumers who are open to trying new and innovative alcoholic beverages like cider. Secondly, the expansion of the hospitality and tourism sectors in Vietnam has created more opportunities for cider sales, particularly in bars, restaurants, and tourist destinations. Moreover, the influence of Western cultures and international trends has contributed to the popularity of cider among Vietnamese consumers, especially those looking for new drinking experiences.
Despite its growth, the Vietnam cider market faces certain challenges. One of the primary challenges is the relatively low awareness and familiarity of cider among the general population. Educating consumers about cider and its unique flavor profile is crucial for cider manufacturers and retailers to expand their market reach.
The outbreak of the Covid-19 pandemic had implications for the Vietnam cider market. The pandemic led to disruptions in the hospitality and tourism sectors, which are significant sales channels for cider. As a result, on-premises consumption of cider in bars and restaurants may have been affected during periods of lockdown and social distancing. Moreover, changes in consumer behavior during the pandemic, such as reduced social gatherings and outdoor activities, may have influenced the demand for cider. The pandemic also emphasized the importance of digital marketing and e-commerce for cider manufacturers and retailers to reach consumers during periods of restricted movement and reduced foot traffic in traditional retail outlets.
Vietnam Cider |
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 Cider Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Cider Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Cider Market - Industry Life Cycle |
3.4 Vietnam Cider Market - Porter's Five Forces |
3.5 Vietnam Cider Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Cider Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Cider Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Cider Market Trends |
6 Vietnam Cider Market, By Types |
6.1 Vietnam Cider Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Cider Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Cider Market Revenues & Volume, By Flavored Cider, 2021-2031F |
6.1.4 Vietnam Cider Market Revenues & Volume, By Plain Cider, 2021-2031F |
6.2 Vietnam Cider Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Cider Market Revenues & Volume, By Speciality Stores, 2021-2031F |
6.2.3 Vietnam Cider Market Revenues & Volume, By Supermarket/Hypermarkets, 2021-2031F |
6.2.4 Vietnam Cider Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.5 Vietnam Cider Market Revenues & Volume, By Other Channels, 2021-2031F |
7 Vietnam Cider Market Import-Export Trade Statistics |
7.1 Vietnam Cider Market Export to Major Countries |
7.2 Vietnam Cider Market Imports from Major Countries |
8 Vietnam Cider Market Key Performance Indicators |
9 Vietnam Cider Market - Opportunity Assessment |
9.1 Vietnam Cider Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Cider Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Cider Market - Competitive Landscape |
10.1 Vietnam Cider Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Cider Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |