Market Forecast By Raw Material (Wheat, Rice, Maize, Others), By Applications (Bread & Bakery Products, Noodles & Pasta, Animal Feed, Wafers, Crackers, & Biscuits, Non-Food Application, Others), By Technology (Dry Technology, Wet Technology) And Competitive Landscape
Product Code: ETC039971 | 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 | |
As per 6Wresearch, Vietnam Flour Market Size is projected to reach USD 11.3 billion by 2031 from USD 7.5 billion, growing at a CAGR between 5.2% during the 2025 to 2031. The expansion of the food processing industry, particularly in the bakery and confectionery sectors, has also played a crucial role in driving flour consumption.
Report Name | Vietnam Flour Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Prepared Flour Mixes and Doughs |
The Vietnam Flour Market report offers a comprehensive analysis segmented by Raw Material, Application, and Technology. It provides an unbiased and detailed examination of current market trends, high-growth areas, and key drivers, assisting stakeholders in formulating strategies aligned with present and future market dynamics.
In Vietnam, the market for flour is slowly growing as more bakeries, candy shops, and food processing companies buy it. Vietnamese people eat a lot of flour because it is used to make many foods. Farmers market sells various types of flour, such as corn flour, wheat flour and rice flour, to accommodate individuals with various cooking styles and preferences.
A few main things are making the Vietnam flour market grow so quickly. People want more fast foods and baked goods now that there are more people in the country and more money in their pockets. This has led to more use of flour-based products. More people are picking ready-to-use flour goods in packages, like pre-mixed flours for baking and cooking, as cities grow.
But there are some issues in the market that make it less strong and slow its growth. A big problem is that the prices of raw materials are always going up and down. This is especially true for grains like wheat and rice, which are used to make flour. These changes may lead to changes in the costs of making flour, which can make it harder for flour makers to make money.
In Vietnam flour market, people want ready-made flour mixes and doughs more and more. This is a trend. These prices are going up because more and more people in the country want quick and easy meals and bake at home. The market is also affected by the fact that people are changing the way they live by choosing healthy and gluten-free foods. This is why specific flours are so well-liked.
Investing in Vietnam's flour market can be done in a lot of different ways. One good way is to watch the growth of ready-made flour mixes and doughs. People want ready-to-eat food more and more. This gives buyers new ways to look into flour-based goods and get a bigger share of the market.
Key players in Vietnam flour market include both international and domestic companies. Prominent names such as Vinafood 1, Interflour Vietnam Ltd., and Tien Hung Flour Co., Ltd. lead the market with a wide range of products. These companies focus on product quality, consistency, and sustainable sourcing to meet the growing demand and adhere to environmental regulations.
The Vietnamese government has a lot of power over the flour market. They do this to protect the environment and ensure long-term growth. Rules that help the food processing industry grow and make sure food is safer are meant to make it easier for local makers to make things. Safety rules and quality control methods have been set by regulatory bodies.
The flour market in Vietnam has a bright future ahead of it. The market is likely to expand because of fresh goods and higher needs in many places. The market will have even more different goods as new ones are made with cutting-edge technology and old ones are used in fresh ways, like in flour mixes and doughs that are already made.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ravi, Research Head at 6Wresearch, Many foods, like bread, soups, and sweets, are made with wheat, which is a big part of Vietnam's flour market. Even though Vietnam doesn't grow a lot of wheat, they're taking more of it because more people are moving to cities, eating habits are changing, and the business of processing food is growing.
People use wheat and its by-products to make animal feed, which is a big part of the economy. Vietnam does not grow its own wheat, which is a shame. It instead brings in a lot of it to meet the needs of people and animals. In particular, the aquaculture and cattle businesses are growing, which means that feed wheat is becoming more important to them.
More than any other way, dry technology is used to make flour in Vietnam's flour market. There is no need for water to grind the grains with this method, which saves energy and works well for mass production. A lot of wheat, rice and corn are dry milled to meet the rising demand for foods like bread, noodles and desserts that are made with flour.
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 Flour Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Flour Market - Industry Life Cycle |
3.4 Vietnam Flour Market - Porter's Five Forces |
3.5 Vietnam Flour Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Vietnam Flour Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Vietnam Flour Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Vietnam Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Flour Market Trends |
6 Vietnam Flour Market, By Types |
6.1 Vietnam Flour Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Flour Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Vietnam Flour Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.4 Vietnam Flour Market Revenues & Volume, By Rice, 2021-2031F |
6.1.5 Vietnam Flour Market Revenues & Volume, By Maize, 2021-2031F |
6.1.6 Vietnam Flour Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Flour Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Flour Market Revenues & Volume, By Bread & Bakery Products, 2021-2031F |
6.2.3 Vietnam Flour Market Revenues & Volume, By Noodles & Pasta, 2021-2031F |
6.2.4 Vietnam Flour Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Vietnam Flour Market Revenues & Volume, By Wafers, Crackers, & Biscuits, 2021-2031F |
6.2.6 Vietnam Flour Market Revenues & Volume, By Non-Food Application, 2021-2031F |
6.2.7 Vietnam Flour Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Flour Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Flour Market Revenues & Volume, By Dry Technology, 2021-2031F |
6.3.3 Vietnam Flour Market Revenues & Volume, By Wet Technology, 2021-2031F |
7 Vietnam Flour Market Import-Export Trade Statistics |
7.1 Vietnam Flour Market Export to Major Countries |
7.2 Vietnam Flour Market Imports from Major Countries |
8 Vietnam Flour Market Key Performance Indicators |
9 Vietnam Flour Market - Opportunity Assessment |
9.1 Vietnam Flour Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Vietnam Flour Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Vietnam Flour Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Vietnam Flour Market - Competitive Landscape |
10.1 Vietnam Flour Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Flour Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |