Vietnam Yogurt Market is expected to undergo swift growth rate during the forecast period and is expected to surpass the overall market size of USD737 million in the forecast period till 2026. Vietnam yogurt market is anticipated to increase due to enhanced product offerings, inclusion of various specialized yogurt types such as low fat and fat free, which is predominantly supported by young consumers in Vietnam.
Vietnam Yogurt Market is categorized by type (non-flavored, flavored), by fat content, (regular, low fat, fat-free), by form (conventional yogurt, set yogurt, greek yogurt, frozen yogurt, yogurt drinks and others), by packaging (pouches, plastic bottles, tetra packs and others, by distribution channel (convenience retailers, independent small grocers, supermarket/hypermarket, online channel) and by region.
Based on the type, Vietnam Yogurt Market is segmented into non-flavored and flavored yogurt. As of 2020, non-flavored type yogurt category held the largest share in the Vietnam Yogurt Market due to significant product varieties offered by the companies with inclusion of the specialised yogurt products such as low fat and fat free yogurt.
Based on the region, Vietnam Yogurt Market is segmented into Northern Vietnam, Central Vietnam, Southern Vietnam. Until 2020, Northern Vietnam held the largest market share in the Vietnam Yogurt Market due to its higher GDP, living standards, and increasing population. Also, Southern Vietnam, is another region showing a growing value share in the yogurt market.
Based on the fat content, Vietnam Yogurt Market is segmented into the regular, low fat, fat-free yogurt. Regular yogurt segment held the largest share in Vietnam Yogurt Market in the base year 2020 due to its low cost and Vietnamese peoples’ taste adaptability for the regular type of yogurt.
However, low fat and fat-free yogurt type are also getting popular among the urban consumers, especially those who are influenced with the western lifestyle. Besides, due to increasing demand for low fat and fat-free yogurt, the Vietnam Yogurt Market is expected to grow during the forecast period.
Some of the leading manufactures in the Vietnam Yogurt Market
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022-2026
Objective of the Study
- To analyze historical growth in market size of Vietnam Yogurt Market from 2016 to 2020.
- To estimate and forecast the market size of Vietnam Yogurt Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the of Vietnam Yogurt Market based on type, fat content, form, packaging type, distribution channels, regional distribution.
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marketinsights Research performed primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of yogurt producers and suppliers in Vietnam. marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research was able to include producers that could not be identified due to the limitations of secondary research. marketinsights Research analyzed product offerings, end use sector/s, and regional presence of all major yogurt suppliers across the country.
marketinsights Research calculated the market size for Vietnam Yogurt Market using a bottom-up approach, wherein producers’ value sales data for different types of yogurt such as (non-flavored and flavored), which was recorded and subsequently forecast for the future years. marketinsights Research sourced these values from industry experts and company representatives and externally them validated through
Key Target Audience
- Vietnam yogurt producers, suppliers, and other stakeholders
- Associations, organizations, associations, and alliances related to dairy industry.
- Government bodies such as regulating authorities and policy makers.
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as yogurt
Report Scope
In this report, Vietnam Yogurt Market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Vietnam Yogurt Market, By Type
- Vietnam Yogurt Market, By Fat Content
- Vietnam Yogurt Market, By Form
- Conventional Yogurt
- Set Yogurt
- Greek Yogurt
- Frozen Yogurt
- Yogurt Drinks
- Others
- Vietnam Yogurt Market, By Packaging
- Pouches
- Tetra Packs
- Plastic Bottles
- Others
- Vietnam Yogurt Market, By Distribution Channel
- Convenience Stores
- Independent Small Grocers
- Supermarket/Hypermarket
- Online
- Vietnam Yogurt Market, By Region
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
