Vietnam Rice Market Size Growth Rate
The Vietnam Rice Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 11.34% in 2025, growth builds up to 13.60% by 2029.

Rice Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)
By 2027, the Rice market in Vietnam is anticipated to reach a growth rate of 12.68%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Vietnam Rice Market Synopsis
Rice is a staple food in Vietnam, and the Vietnam rice market is a significant component of the country`s agriculture sector. It encompasses various rice varieties, including fragrant, long-grain, and glutinous rice, catering to diverse culinary preferences. Vietnam is both a major rice producer and exporter, with rice playing a vital role in the country`s food security and economy. Government policies, climate conditions, and international trade dynamics influence rice production and trade in Vietnam. The market`s future will depend on factors such as sustainable farming practices, export opportunities, and changing consumer preferences.
Drivers of the Market
The Vietnam rice market`s key drivers include the country`s status as one of the world`s top rice exporters and the staple nature of rice in the Vietnamese diet. Exports have been expanding due to increased global demand, especially from African and Middle Eastern countries. Government support for rice production and exports, coupled with technological advancements in rice farming, have contributed to the sector`s growth.
Challenges of the Market
The Vietnam rice market faces challenges related to production efficiency and international competition. While rice is a staple crop in Vietnam, there may be limitations in the adoption of modern farming practices, leading to lower yields and increased production costs. Competition from other rice-producing countries, which may have lower production costs and access to global markets, can impact Vietnam rice exports. Additionally, ensuring the quality and safety of rice products, especially in the face of climate change and environmental challenges, is crucial for consumer trust and international trade. The market may also contend with fluctuations in global rice prices, which can affect the income of rice farmers and the affordability of rice for consumers. Lastly, addressing issues related to land use and water management is essential for sustainable rice production.
COVID-19 Impact on the Market
Rice is a staple food in Vietnam, and the pandemic had a limited direct impact on rice production. However, the distribution and export of rice faced logistical challenges due to lockdowns and trade disruptions. The government implemented measures to stabilize the rice market and ensure food security.
Key Players in the Market
The Vietnam rice market is characterized by a multitude of small and medium-sized rice millers and exporters. However, companies like the Vietnam Food Corporation (Vinafood) and Tan Long Group are among the key players, contributing significantly to rice production, processing, and export activities.
Key Highlights of the Report:
- Vietnam Rice Market Outlook
- Market Size of Vietnam Rice Market, 2024
- Forecast of Vietnam Rice Market, 2031
- Historical Data and Forecast of Vietnam Rice Revenues & Volume for the Period 2021-2031
- Vietnam Rice Market Trend Evolution
- Vietnam Rice Market Drivers and Challenges
- Vietnam Rice Price Trends
- Vietnam Rice Porter's Five Forces
- Vietnam Rice Industry Life Cycle
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Rice Length for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Long Grain for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Medium Grain for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Short Grain for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Red Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Arborio Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Black Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Grain Fragrance Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Brown Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Rosematta Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Grain Parboiled Rice for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Regular for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Aromatic for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Food for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Industry for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Roadside Stores for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Municipal Corporation Markets for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Convenience Stores for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Specialty Store for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Department Store for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Supermarket for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By Hypermarket for the Period 2021-2031
- Historical Data and Forecast of Vietnam Rice Market Revenues & Volume By E-commerce for the Period 2021-2031
- Vietnam Rice Import Export Trade Statistics
- Market Opportunity Assessment By Rice Length
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Distribution Channel
- Vietnam Rice Top Companies Market Share
- Vietnam Rice Competitive Benchmarking By Technical and Operational Parameters
- Vietnam Rice Company Profiles
- Vietnam Rice Key Strategic Recommendations