Product Code: ETC187842 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Vietnam Ghee Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.12% in 2028, following an initial rate of 10.28%, before easing to 11.12% at the end of the period.
Vietnam's Ghee market is anticipated to experience a high growth rate of 11.99% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam Ghee Market reflects the country`s evolving culinary landscape, where traditional dairy products like ghee have found a renewed appreciation. Ghee, known for its rich flavor and nutritional benefits, has gained popularity among consumers seeking alternatives to conventional cooking oils. The market`s growth is also influenced by the cultural significance of ghee in Vietnamese cuisine and the increasing acceptance of its health benefits. The market is witnessing product innovation, with players introducing variants such as flavored ghee to cater to diverse consumer tastes.
The Vietnam Ghee Market is expanding owing to the traditional culinary importance of ghee and its versatility in cooking. Ghee is a staple in many Vietnamese households and plays a vital role in various dishes. Additionally, it is gaining popularity as a healthier cooking fat compared to some alternatives. As consumers continue to embrace traditional ingredients, this market experiences consistent growth.
The Vietnam ghee market encounters several obstacles. Ghee is not a staple in Vietnamese cuisine, and its use is primarily limited to specific dishes. Expanding the market for ghee requires education and awareness campaigns to showcase its health benefits and culinary versatility. Competition from other cooking oils and fats, such as vegetable oil and margarine, further complicates market growth. Ghee is a premium product, often priced higher than other cooking fats, which can be a deterrent for price-sensitive consumers. Additionally, ensuring consistent quality and flavor can be challenging due to variations in the source of milk and production processes.
The Vietnam Ghee market experienced the profound impact of the COVID-19 pandemic as consumer preferences shifted and economic uncertainties influenced purchasing behaviors. During the initial phases of the pandemic, disruptions in the supply chain and logistical challenges posed significant hurdles for the market. However, as consumers became more health-conscious, there was a noticeable shift towards premium and healthier alternatives, influencing the demand for ghee positively. The market adapted to changing consumer dynamics by focusing on e-commerce channels and innovative marketing strategies to navigate the challenges posed by the pandemic.
In the traditional yet expanding Vietnam Ghee market, companies like Amul and Mother Dairy are leading the way. These players are emphasizing the nutritional value and culinary versatility of ghee, contributing to its sustained popularity.
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 Ghee Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Ghee Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Ghee Market - Industry Life Cycle |
3.4 Vietnam Ghee Market - Porter's Five Forces |
3.5 Vietnam Ghee Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Ghee Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Vietnam Ghee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Ghee Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Ghee Market Trends |
6 Vietnam Ghee Market, By Types |
6.1 Vietnam Ghee Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Ghee Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Ghee Market Revenues & Volume, By Cow, 2021-2031F |
6.1.4 Vietnam Ghee Market Revenues & Volume, By Buffalo, 2021-2031F |
6.1.5 Vietnam Ghee Market Revenues & Volume, By Mixed, 2021-2031F |
6.2 Vietnam Ghee Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Ghee Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Vietnam Ghee Market Revenues & Volume, By Institutional, 2021-2031F |
6.3 Vietnam Ghee Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Ghee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Vietnam Ghee Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Vietnam Ghee Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Vietnam Ghee Market Revenues & Volume, By Online, 2021-2031F |
6.3.6 Vietnam Ghee Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Ghee Market Import-Export Trade Statistics |
7.1 Vietnam Ghee Market Export to Major Countries |
7.2 Vietnam Ghee Market Imports from Major Countries |
8 Vietnam Ghee Market Key Performance Indicators |
9 Vietnam Ghee Market - Opportunity Assessment |
9.1 Vietnam Ghee Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Ghee Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Vietnam Ghee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Ghee Market - Competitive Landscape |
10.1 Vietnam Ghee Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Ghee Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |