Product Code: ETC028910 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam poultry processing market has witnessed significant growth, supported by the country`s increasing demand for poultry products. Poultry, particularly chicken, is a staple protein source in the Vietnamese diet, and the market has experienced robust growth due to population growth and changing dietary preferences. The modernization of poultry processing facilities and the implementation of advanced technologies have improved processing efficiency and product quality. Moreover, the growing trend towards processed and value-added poultry products, such as ready-to-eat items and frozen cuts, has driven the demand for poultry processing equipment and machinery. Key players in this market offer a diverse range of processing solutions, including slaughtering equipment, cutting machines, and packaging systems, to meet the evolving needs of the poultry industry.
The Vietnam poultry processing market is driven by several significant drivers. Firstly, the country`s population growth and increasing per capita income have led to higher demand for poultry products as an affordable and accessible source of protein. Poultry, especially chicken, has become a staple in the Vietnamese diet, and the market has experienced consistent growth to meet this demand. Additionally, the modernization and technological advancements in poultry processing facilities have improved processing efficiency and hygiene standards, enhancing the quality and safety of poultry products. The growing trend towards convenience foods, such as processed and ready-to-eat poultry items, has also contributed to the market`s expansion. Furthermore, the export of processed poultry products has presented opportunities for the Vietnamese poultry processing industry to access international markets and boost its revenue.
The Vietnam poultry processing market faces several challenges related to food safety and quality. Ensuring the hygienic handling and processing of poultry products is crucial to prevent foodborne illnesses and maintain consumer trust. Poultry processing facilities must adhere to strict hygiene and sanitation standards, especially during the COVID-19 pandemic, to protect workers and prevent contamination. Additionally, fluctuations in feed prices can impact poultry production costs, affecting the overall profitability of the industry. Maintaining a balance between cost-effective poultry production and delivering high-quality products remains a challenge for poultry processors. Moreover, the competitive landscape of the market, coupled with the need to meet domestic and international standards, requires continuous investments in technology and infrastructure to improve processing efficiency and product traceability.
The COVID-19 pandemic had significant implications for the Vietnam poultry processing market. With the temporary closure of restaurants, hotels, and catering services, there was a decline in the demand for poultry products in the HoReCa sector. Additionally, disruptions in the supply chain, labor shortages, and health safety measures in processing facilities impacted production capacities. The poultry processing industry faced challenges in maintaining processing efficiency and meeting the increased demand for packaged and frozen poultry products from retail channels. However, the industry adapted to the situation by implementing stricter hygiene protocols, ensuring the safety of workers, and investing in automation to improve processing efficiency. As consumer confidence in food safety grew during the pandemic, the poultry processing market experienced a gradual recovery and an increased demand for packaged and processed poultry products for household consumption.
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 Poultry processing Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Poultry processing Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Poultry processing Market - Industry Life Cycle |
3.4 Vietnam Poultry processing Market - Porter's Five Forces |
3.5 Vietnam Poultry processing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Poultry processing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Vietnam Poultry processing Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Poultry processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Poultry processing Market Trends |
6 Vietnam Poultry processing Market, By Types |
6.1 Vietnam Poultry processing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Poultry processing Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Poultry processing Market Revenues & Volume, By Chicken Meat, 2021-2031F |
6.1.4 Vietnam Poultry processing Market Revenues & Volume, By Turkey Meat, 2021-2031F |
6.1.5 Vietnam Poultry processing Market Revenues & Volume, By Eggs, 2021-2031F |
6.2 Vietnam Poultry processing Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Poultry processing Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Vietnam Poultry processing Market Revenues & Volume, By Seasoned, 2021-2031F |
6.2.4 Vietnam Poultry processing Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.5 Vietnam Poultry processing Market Revenues & Volume, By Ready-to-Cook, 2021-2031F |
6.2.6 Vietnam Poultry processing Market Revenues & Volume, By Ready-to-Eat, 2021-2031F |
6.2.7 Vietnam Poultry processing Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Poultry processing Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Poultry processing Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.3 Vietnam Poultry processing Market Revenues & Volume, By Food Manufacturers, 2021-2031F |
6.3.4 Vietnam Poultry processing Market Revenues & Volume, By Retail, 2021-2031F |
7 Vietnam Poultry processing Market Import-Export Trade Statistics |
7.1 Vietnam Poultry processing Market Export to Major Countries |
7.2 Vietnam Poultry processing Market Imports from Major Countries |
8 Vietnam Poultry processing Market Key Performance Indicators |
9 Vietnam Poultry processing Market - Opportunity Assessment |
9.1 Vietnam Poultry processing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Poultry processing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Vietnam Poultry processing Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Poultry processing Market - Competitive Landscape |
10.1 Vietnam Poultry processing Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Poultry processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |