Vietnam Groceries Market (2024-2030) | Forecast, Analysis, Share, Outlook, Revenue, Industry, Trends, Value, Size, Companies & Growth

Market Forecast By Product Types (Packaged Food, Unpackaged Food, Drinks, Tobacco, Household Products, Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) And Competitive Landscape
Product Code: ETC016670 Publication Date: Aug 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Groceries Market Synopsis

The Vietnam groceries market encompasses the retail sales of essential food items and household products, including fruits, vegetables, dairy products, canned goods, packaged food, personal care products, and cleaning supplies. It is a crucial segment of the country`s retail industry, catering to the everyday needs of consumers.

Drivers of the Market

Vietnam population has been increasing steadily, leading to a larger consumer base for groceries and other essential items. As more people migrate to urban areas, the demand for convenience and packaged food products has increased, driving the groceries market. Consumer preferences are shifting towards healthier and more convenient food options, influencing the demand for specific groceries. The growth of e-commerce and online grocery platforms has expanded the accessibility and reach of groceries to consumers.

Challenges of the Market

Vietnam has a price-sensitive market, and consumers often seek value for money when purchasing groceries, putting pressure on profit margins for retailers. Ensuring efficient and timely distribution of groceries, especially in remote areas, can be challenging, impacting the availability of products. The groceries market in Vietnam is highly competitive, with both traditional brick-and-mortar stores and online platforms vying for market share.

key Players of the Market

The Vietnam groceries market includes a mix of large supermarket chains, hypermarkets, convenience stores, traditional markets, and online grocery platforms. Some key players may include VinMart, Co.opmart, Big C, Lotte Mart, Aeon, and online platforms like Tiki, Lazada, and Shopee.

COVID-19 Impact on the Market

The Covid-19 pandemic had a significant impact on the Vietnam groceries market. During the initial stages of the pandemic, panic-buying and stockpiling by consumers led to increased demand for essential items. Additionally, lockdowns and restrictions on movement affected the operation of physical stores and increased the adoption of online grocery shopping. The pandemic also highlighted the importance of reliable and efficient supply chains in ensuring the availability of groceries to consumers.

Key Highlights of the Report:

  • Vietnam Groceries Market Outlook
  • Market Size of Vietnam Groceries Market, 2023
  • Forecast of Vietnam Groceries Market, 2030
  • Historical Data and Forecast of Vietnam Groceries Revenues & Volume for the Period 2020-2030
  • Vietnam Groceries Market Trend Evolution
  • Vietnam Groceries Market Drivers and Challenges
  • Vietnam Groceries Price Trends
  • Vietnam Groceries Porter's Five Forces
  • Vietnam Groceries Industry Life Cycle
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Product Types for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Packaged Food for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Unpackaged Food for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Drinks for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Tobacco for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Household Products for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Convenience Store for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Groceries Market Revenues & Volume By Online for the Period 2020-2030
  • Vietnam Groceries Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Distribution Channel
  • Vietnam Groceries Top Companies Market Share
  • Vietnam Groceries Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Groceries Company Profiles
  • Vietnam Groceries Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Groceries Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Groceries Market Revenues & Volume, 2020 & 2030F

3.3 Vietnam Groceries Market - Industry Life Cycle

3.4 Vietnam Groceries Market - Porter's Five Forces

3.5 Vietnam Groceries Market Revenues & Volume Share, By Product Types, 2020 & 2030F

3.6 Vietnam Groceries Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

4 Vietnam Groceries Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Groceries Market Trends

6 Vietnam Groceries Market, By Types

6.1 Vietnam Groceries Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 Vietnam Groceries Market Revenues & Volume, By Product Types, 2020-2030F

6.1.3 Vietnam Groceries Market Revenues & Volume, By Packaged Food, 2020-2030F

6.1.4 Vietnam Groceries Market Revenues & Volume, By Unpackaged Food, 2020-2030F

6.1.5 Vietnam Groceries Market Revenues & Volume, By Drinks, 2020-2030F

6.1.6 Vietnam Groceries Market Revenues & Volume, By Tobacco, 2020-2030F

6.1.7 Vietnam Groceries Market Revenues & Volume, By Household Products, 2020-2030F

6.1.8 Vietnam Groceries Market Revenues & Volume, By Others, 2020-2030F

6.2 Vietnam Groceries Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Vietnam Groceries Market Revenues & Volume, By Supermarkets & Hypermarkets, 2020-2030F

6.2.3 Vietnam Groceries Market Revenues & Volume, By Convenience Store, 2020-2030F

6.2.4 Vietnam Groceries Market Revenues & Volume, By Online, 2020-2030F

7 Vietnam Groceries Market Import-Export Trade Statistics

7.1 Vietnam Groceries Market Export to Major Countries

7.2 Vietnam Groceries Market Imports from Major Countries

8 Vietnam Groceries Market Key Performance Indicators

9 Vietnam Groceries Market - Opportunity Assessment

9.1 Vietnam Groceries Market Opportunity Assessment, By Product Types, 2020 & 2030F

9.2 Vietnam Groceries Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 Vietnam Groceries Market - Competitive Landscape

10.1 Vietnam Groceries Market Revenue Share, By Companies, 2023

10.2 Vietnam Groceries Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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