Product Code: ETC382110 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Fresh Food Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 11.48% in 2025, growth builds up to 13.20% by 2029.
The Fresh Food market in Vietnam is projected to grow at a high growth rate of 12.81% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam fresh food market is a vibrant and essential component of the country`s food supply chain. Fresh food products, including fruits, vegetables, meat, and seafood, are staples in Vietnamese cuisine. The market is characterized by a diverse range of locally sourced and imported products. Traditional wet markets, supermarkets, and online platforms serve as distribution channels for fresh food products. With increasing urbanization and a rising middle class, the demand for fresh and high-quality food has surged. Consumers are also becoming more conscious of food safety and hygiene, leading to a growing preference for traceable and certified products. The Vietnam fresh food market is expected to continue growing as consumers prioritize health and quality.
The Vietnam Fresh Food Market is flourishing due to several drivers. The rising income levels of consumers are enabling them to afford fresh and high-quality produce. Additionally, the trend towards healthier eating habits has increased the demand for fresh fruits, vegetables, and meat products. The growth of organized retail, including supermarkets and hypermarkets, has improved the accessibility of fresh food products to consumers. Furthermore, government support for the agriculture sector, including infrastructure development and technology adoption, is enhancing the supply chain efficiency, ensuring the availability of fresh food in both urban and rural areas.
The fresh food market in Vietnam faces challenges related to supply chain management and quality control. Ensuring the freshness and safety of products from farm to table is essential. Climate-related disruptions, such as extreme weather events, can impact the availability of fresh produce. Additionally, the market needs to address issues of post-harvest losses and inefficient distribution systems.
The COVID-19 pandemic had a dual impact on Vietnam fresh food market. Initially, there was a surge in demand for fresh produce as consumers stockpiled essential items during lockdowns. However, supply chain disruptions and labor shortages hampered the production and distribution of fresh food. Farmers struggled to harvest and transport their products, leading to supply shortages and increased prices. Additionally, the closure of restaurants and hotels, major consumers of fresh produce, further disrupted the market. Consumers shifted towards online grocery shopping, leading to increased e-commerce penetration in the fresh food segment. Despite these challenges, the pandemic highlighted the importance of a resilient and efficient supply chain in the fresh food sector, leading to increased investments in technology and logistics. The market is expected to rebound as the pandemic subsides, with a continued focus on e-commerce and supply chain efficiency.
In the Vietnam fresh food market, AEON Vietnam and Big C Vietnam are leading supermarket chains that provide a wide selection of fresh produce, including fruits, vegetables, and meats. They play a crucial role in the distribution and retailing of fresh food products across the country.