Market Forecast By Types (Non Dairy Creamer, Whipped Cream, Chocolate Syrup, Sugar, Sweetener), By Application (Coffee, Tea, Others) And Competitive Landscape
Product Code: ETC218070 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Coffee Creamer And Coffee Additives Market Report thoroughly covers the market by types and application. The Vietnam Coffee Creamer And Coffee Additives Market Outlook report provides an unbiased and detailed analysis of the ongoing Vietnam Coffee Creamer And Coffee Additives Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Vietnam Coffee Creamer And Coffee Additives Market has seen significant growth in the past and is projected to expand more in the future on the back of the rise in demand for coffee products from domestic market as well as the growing export demand. These factors have been propelling the Vietnam Coffee Creamer And Coffee Additives Market Growth.
According to 6Wresearch, the Vietnam Coffee Creamer And Coffee Additives Market size is anticipated to grow at a CAGR of 5.5% during 2024-2031. The growth of the coffee creamer and additives market in Vietnam is mainly attributed to the rising demand for coffee products from the domestic market and increasing export demand. Vietnam's domestic consumption of coffee has been increasing steadily in the past few years. As a result, the demand for coffee creamers and additives is also on the rise. Coffee creamers are used to enhance the flavor of coffee, while coffee additives are used to create new coffee flavors.
One of the major challenges in the Vietnam coffee creamer and additives market is the fluctuation in raw material prices. The prices of raw materials such as milk powder, sugar, and vegetable oils are highly volatile, leading to instability in the production costs for manufacturers. Moreover, the Covid-19 pandemic has also affected the supply chain of raw materials, leading to a shortage of some ingredients.
Some of the leading companies in the Vietnam coffee creamer and additives market include Nestle, Vinamilk, Dutch Lady, Friesland Campina, and Nutifood. Nestle is the market leader, with a significant market share in the coffee creamer and additives market. The company offers a wide range of products, including Nestle Coffee-mate and Nestle Neslac. Vinamilk, the largest dairy company in Vietnam, is one of the major players in the coffee creamer market. The company's product portfolio includes Vinamilk Coffee-mate and Vinamilk Gold.
The Vietnamese government has been taking several initiatives to promote the coffee industry in the country. The government has been providing various incentives to coffee farmers and processors to encourage them to adopt modern technologies and increase productivity. The government has also been investing in the development of coffee processing facilities and supporting the promotion of coffee products in the international market. One of the government initiatives that has been instrumental in promoting the Vietnamese coffee industry is the "Vietnamese Coffee Day" campaign. The campaign is aimed at promoting Vietnamese coffee brands and products in the international market. The campaign includes various activities such as coffee-making competitions, coffee-tasting events, and exhibitions.
According to Dhaval, Research Manager, 6Wresearch, the non-dairy creamer segment in the market has seen a surge in demand and is currently the fastest-growing type of coffee additive in Vietnam. This is due to the growing demand for vegan as well as lactose-free products. Non-dairy creamer variants like almond or soy milk creamers are popular among health-conscious coffee drinkers.
The report provides a detailed analysis of the following 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 Coffee Creamer and Coffee Additives Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Coffee Creamer and Coffee Additives Market - Industry Life Cycle |
3.4 Vietnam Coffee Creamer and Coffee Additives Market - Porter's Five Forces |
3.5 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume Share, By Types, 2024 & 2031F |
3.6 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume Share, By Application, 2024 & 2031F |
4 Vietnam Coffee Creamer and Coffee Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Coffee Creamer and Coffee Additives Market Trends |
6 Vietnam Coffee Creamer and Coffee Additives Market, By Types |
6.1 Vietnam Coffee Creamer and Coffee Additives Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Non Dairy Creamer, 2021-2031F |
6.1.4 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Whipped Cream, 2021-2031F |
6.1.5 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Chocolate Syrup, 2021-2031F |
6.1.6 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Sugar, 2021-2031F |
6.1.7 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Sweetener, 2021-2031F |
6.2 Vietnam Coffee Creamer and Coffee Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Coffee, 2021-2031F |
6.2.3 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Tea, 2021-2031F |
6.2.4 Vietnam Coffee Creamer and Coffee Additives Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Coffee Creamer and Coffee Additives Market Import-Export Trade Statistics |
7.1 Vietnam Coffee Creamer and Coffee Additives Market Export to Major Countries |
7.2 Vietnam Coffee Creamer and Coffee Additives Market Imports from Major Countries |
8 Vietnam Coffee Creamer and Coffee Additives Market Key Performance Indicators |
9 Vietnam Coffee Creamer and Coffee Additives Market - Opportunity Assessment |
9.1 Vietnam Coffee Creamer and Coffee Additives Market Opportunity Assessment, By Types, 2024 & 2031F |
9.2 Vietnam Coffee Creamer and Coffee Additives Market Opportunity Assessment, By Application, 2024 & 2031F |
10 Vietnam Coffee Creamer and Coffee Additives Market - Competitive Landscape |
10.1 Vietnam Coffee Creamer and Coffee Additives Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Coffee Creamer and Coffee Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |