Vietnam Dairy Market by Product Type, Distribution Channel, End User 2024-2032
                     Vietnam Dairy Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Report Da i r y  r e f e r s  t o  p r od uc t s  m ade  f r om  m i l k ,  t yp i c a l l y  sou r ced  f r om  co ws ,  g oa t s ,  sh eep ,  
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Highlight and i n vo l v es  t h e  b r eed in g  and  m a nage m en t  o f  da i r y  an im a ls  f o r  m i l k  p r oduc t i on .  
Da i r y  p r od uc t s  a r e  in t eg r a l  t o  m a ny  d ie t s  wo r ld w ide ,  p r ov id i ng  key  n u t r i t i ona l  
Description bene f i t s  and  se r v in g  as  i ng r ed ien t s  i n  a  va r i e t y  o f  cu l i na r y  d i sh es .  C u r r en t l y ,  da i r y  i s  ga in ing  im m ens e  t r ac t i on  ac r oss  V ie t na m  as  t h i s  i ndu s t r y  en com pass es  t he  e n t i r e  
p r oc ess  f r om  m i l k  p r o duc t i o n  and  p r o cess ing  t o  d i s t r i bu t i on  an d  r e t a i l ,  p l ay ing  a  
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Report Description
V i e t n a m  D a i r y  M a r k e t  T r e n d s :
T h e  V i e t n a m  d a i r y  m a r k e t  i s  s i g n i f i c a n t l y  d r i v e n  b y  r i s i n g  d i s p o s a b l e  i n c o m e  a n d  i m p r o v i n g  l i v i n g  s t a n d a r d s ,  w h i c h  h a v e  i n c r e a s e d  c o n s u m e r  
s p e n d i n g  o n  n u t r i t i o u s  a n d  q u a l i t y  f o o d  p r o d u c t s ,  i n c l u d i n g  d a i r y .  T h e  g o v e r n m e n t ' s  i n i t i a t i v e s  t o  e n h a n c e  n u t r i t i o n a l  s t a n d a r d s  a n d  p r o m o t e  
d o m e s t i c  d a i r y  p r o d u c t i o n  f u r t h e r  s u p p o r t  m a r k e t  e x p a n s i o n .  I n c r e a s i n g  h e a l t h  a w a r e n e s s  a m o n g  V i e t n a m e s e  c o n s u m e r s  i s  f u e l i n g  d e m a n d  f o r  
d a i r y  p r o d u c t s ,  a s  t h e y  a r e  p e r c e i v e d  a s  e s s e n t i a l  f o r  a  b a l a n c e d  d i e t ,  p r o v i d i n g  v i t a l  n u t r i e n t s  s u c h  a s  c a l c i u m  a n d  p r o t e i n .  A d d i t i o n a l l y ,  r a p i d  
u r b a n i z a t i o n  i s  a n o t h e r  m a j o r  g r o w t h - i n d u c i n g  f a c t o r ,  a s  i t  l e a d s  t o  l i f e s t y l e  c h a n g e s  a n d  h i g h e r  c o n s u m p t i o n  o f  c o n v e n i e n t  a n d  p r o c e s s e d  d a i r y  
p r o d u c t s  s u c h  a s  y o g u r t ,  c h e e s e ,  a n d  f l a v o r e d  m i l k .  T h e  r a p i d  g r o w t h  o f  t h e  r e t a i l  s e c t o r ,  i n c l u d i n g  s u p e r m a r k e t s  a n d  c o n v e n i e n c e  s t o r e s ,  
i m p r o v e s  a c c e s s i b i l i t y  t o  a  w i d e  r a n g e  o f  d a i r y  p r o d u c t s ,  b o o s t i n g  m a r k e t  p e n e t r a t i o n .  
A  n o t a b l e  t r e n d  i s  t h e  g r o w i n g  p r e f e r e n c e  f o r  p r e m i u m  a n d  o r g a n i c  d a i r y  p r o d u c t s ,  d r i v e n  b y  h e a l t h - c o n s c i o u s  c o n s u m e r s  s e e k i n g  s a f e r  a n d  
m o r e  n u t r i t i o u s  o p t i o n s .  T h i s  s h i f t  h a s  p r o m p t e d  m a n u f a c t u r e r s  t o  i n n o v a t e  a n d  i n t r o d u c e  f o r t i f i e d  a n d  v a l u e - a d d e d  d a i r y  p r o d u c t s ,  s u c h  a s  
t h o s e  e n r i c h e d  w i t h  v i t a m i n s  a n d  p r o b i o t i c s .  M o r e o v e r ,  t h e  r i s e  o f  e - c o m m e r c e  a n d  d i g i t a l  p l a t f o r m s  h a s  t r a n s f o r m e d  t h e  m a r k e t  d y n a m i c s ,  
m a k i n g  i t  e a s i e r  f o r  c o n s u m e r s  t o  p u r c h a s e  d a i r y  p r o d u c t s  o n l i n e .  B r a n d s  a r e  i n c r e a s i n g l y  u t i l i z i n g  s o c i a l  m e d i a  a n d  d i g i t a l  m a r k e t i n g  t o  r e a c h  
a  b r o a d e r  a u d i e n c e ,  p a r t i c u l a r l y  t h e  t e c h - s a v v y  y o u n g e r  g e n e r a t i o n .  F u r t h e r m o r e ,  s u s t a i n a b i l i t y  a n d  e t h i c a l  c o n s i d e r a t i o n s  a r e  g a i n i n g  i m m e n s e  
t r a c t i o n ,  w i t h  c o n s u m e r s  s h o w i n g  i n t e r e s t  i n  e n v i r o n m e n t a l l y  f r i e n d l y  a n d  e t h i c a l l y  p r o d u c e d  d a i r y  p r o d u c t s .  T h i s  t r e n d  i s  e n c o u r a g i n g  d a i r y  
c o m p a n i e s  t o  a d o p t  s u s t a i n a b l e  p r a c t i c e s  a n d  t r a n s p a r e n t  s o u r c i n g ,  f u r t h e r  s u p p o r t i n g  t h e  m a r k e t  g r o w t h .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / v i e t n a m - d a i r y - m a r k e t
Breakup by Product:
• Liquid Mi lk
• Cheese
• Laban
• Yogurt and Curd
• Butter and Clarifi ed Butter
Report • Others
Segmentation
Breakup by Application:
• Bakery and Confectionary
• Clinical  Nutr i t ion
• Frozen Food
• Others
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Special ist Retai lers
• Online Stores
Report • Others
Segmentation
Breakup by Region:
• Northern Vietnam
• Central  Vietnam
• Southern Vietnam
How has the Vietnam dairy market performed so far and 
how will it perform in the coming years?
What has been the impact of COVID-19 on the Vietnam 
dairy market?
What is the breakup of the Vietnam dairy market on the 
basis of product?
Key 
What is the breakup of the Vietnam dairy market on the 
Questions basis of application?
Answered in What is the breakup of the Vietnam dairy market on the basis of distribution channel?
the Report What are the various stages in the value chain of the 
Vietnam dairy market?
What are the key driving factors and challenges in the 
Vietnam dairy?
What is the structure of the Vietnam dairy market and 
who are the key players?
What is the degree of competition in the Vietnam dairy 
market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    V i e t n a m  D a i r y  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    V i e t n a m  D a i r y  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    V i e t n a m  D a i r y  M a r k e t  -  B r e a k u p  b y  P r o d u c t
    6 . 1     L i q u i d  M i l k
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     C h e e s e
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
   6 . 3     L a b a n
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     Y o g u r t  a n d  C u r d
        6 . 4 . 1  O v e r v i e w
        6 . 4 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 5     B u t t e r  a n d  C l a r i f i e d  B u t t e r
        6 . 5 . 1  O v e r v i e w
Table of         6 . 5 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )        6 . 5 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 6     O t h e r s
        6 . 6 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Contents         6 . 6 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )7    V i e t n a m  D a i r y  M a r k e t  -  B r e a k u p  b y  A p p l i c a t i o n
    7 . 1     B a k e r y  a n d  C o n f e c t i o n a r y
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     C l i n i c a l  N u t r i t i o n
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 3     F r o z e n  F o o d
        7 . 3 . 1  O v e r v i e w
        7 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /v i e tn a m-da i r y -m a rke t / t o c
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