Coffee has become increasingly popular in Vietnam with it being drunk by most generations, from youths to the elderly. Coffee with condensed milk is the signature coffee drink of Vietnam and thus it is likely that demand will remain relatively stable.
Following a significant decline in sales and subdued demand during 2020 and 2021 as a result of ongoing restrictive measures related to the pandemic, foodservice sales of other dairy are set to see a full recovery in volume terms by 2025. In fact, the foodservice channel is expected to record a much stronger performance compared to retail when it comes to volume growth within other dairy.
Aside from condensed milk, other categories within other dairy still have plenty of room to improve and expand their distribution. As refrigeration appliances become more popular in homes in the forecast period this should support growing demand for cream through the retail channel.
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Understand the latest market trends and future growth opportunities for the Other Dairy industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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This is the aggregation of chilled and shelf stable desserts, chilled snacks, coffee whiteners, condensed/evaporated milk, cream, and fromage frais and quark.See All of Our Definitions
This report originates from Passport, our Other Dairy research and analysis database.
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