Product Code: ETC381690 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The edible meat market in Vietnam is a significant and rapidly evolving sector. Vietnamese cuisine heavily relies on meat, with pork, chicken, and beef being the most commonly consumed varieties. The market benefits from a growing population, rising disposable incomes, and changing dietary habits. Increasing urbanization has led to a greater demand for processed meat products and dining out, further boosting the meat sector. However, consumer preferences are also shifting towards leaner and healthier meat options, driven by health concerns. This has led to innovations in meat production and processing. Overall, the Vietnam edible meat market is dynamic, with both traditional and modern meat products catering to diverse consumer needs.
The Vietnam edible meat market is witnessing significant growth due to several driving factors. Firstly, meat is a staple in Vietnamese cuisine, and its consumption is deeply rooted in the culture. The demand for edible meat products is driven by the traditional dishes that feature various types of meat. Additionally, the market benefits from the expansion of the foodservice sector, where meat dishes are a common menu item in restaurants and street food vendors. Moreover, as income levels rise and dietary habits change, consumers are increasingly seeking high-quality and processed meat products. The market is also influenced by the popularity of international cuisines and fast-food chains, which often feature meat-based dishes.
The Vietnam edible meat market faces several challenges, including concerns about meat quality and safety. Consumers are becoming increasingly discerning about the sources of their meat products and are demanding higher standards in terms of hygiene and traceability. Additionally, the industry must grapple with environmental sustainability concerns and animal welfare issues. Meeting these expectations while ensuring affordability is a complex challenge that the meat market must address to thrive.
The edible meat market in Vietnam faced several challenges during the COVID-19 pandemic. Disruptions in the supply chain and reduced consumer spending impacted the meat industry. Consumers showed a growing interest in traceability and safety of meat products, influencing purchasing decisions. Online meat sales saw a surge as people sought contactless shopping options.
In the Vietnam edible meat market, Masan MeatLife and C.P. Vietnam Corporation have a dominant presence. They offer a wide array of processed and fresh meat products, ensuring a consistent supply of quality meat to consumers and the food industry.